News by Teijin Group 3

Asahi Kasei has announced that Asahi Kasei and Teijin Limited have entered into an agreement to implement an absorption-type merger between Asahi Kasei Advance Corp., a wholly owned subsidiary of Asahi Kasei, and Teijin Frontier Co., Ltd.,a wholly owned subsidiary of Teijin, whereby Teijin Frontier will serve as the surviving company and become a joint venture between Asahi Kasei (20%) and Teijin (80%), effective October 1, 2026.