Amid the ongoing shift toward connected, autonomous, shared, and electric (CASE) automobiles, automotive companies are transforming their business models to realize more lightweight and multifunctional next-generation vehicles. The objectives of the cross-industry AZL Partner Network for Lightweight Production Technology align closely with Teijin’s vision and goals of developing lightweight materials and components for these next generation vehicles. Through the participation in this project as well as two more projects, The Teijin Group will accelerate its automotive composite expertise.

Teijin acquired Continental Structural Plastics Holdings Corporation (CSP) in 2017 to become a Tier 1 supplier of multi-material automotive composites. CSP's French operation is installing a new sheet molding compound line. Teijin also acquired leading automotive-composite suppliers Inapal Plásticos SA of Portugal and Benet Automotive s.r.o of Czech Republic. The combined capabilities of Teijin’s composites businesses have resulted in collaborative initiatives that leverage each company’s unique strengths.