Tuesday, 17 February 2009

Eco Circle goes to India’s IETF 2009

Osaka - The Teijin Group announced today that it will participate in the 18th International Engineering and Technology Fair (IETF 2009), which will be held at the Bangalore International Exhibition Center in Bangalore, India, from February 23 to 26. Teijin’s first appearance at the exhibition will support the company’s initiatives to expand its environmental business in the fast-growing Indian market.

The biannual IETF showcases the latest trends in engineering and manufacturing as one of India’s largest industrial exhibitions, attracting a wide range of companies and organizations from throughout Asia. Teijin’s booth will present lead-edge, environmentally oriented technologies developed by the Teijin Group, including ECO CIRCLE, a closed-loop system for recycling used polyester products via the world’s first chemical-recycling process and water processing technology.

The booth will be among some 25 Japanese companies and organizations in the Japan Pavilion, which is being managed by the Japan External Trade Organization (JETRO).

Teijin India Private Ltd., a subsidiary set up in New Delhi in 2006, has been laying the groundwork for Teijin to develop markets in India for various businesses including environmentally friendly products, services and technologies.

Teijin develops sustainable environmental initiatives in line with its Global Environmental Declaration issued in 2007, which outlines the group's long-term commitment to environmental preservation, environmentally friendly design and environmental business.

About Teijin

Teijin is a global technology-driven group operating in five main fields: synthetic fibers; films and plastics; pharmaceuticals and home health care; trading and retail; and IT and new products. Teijin Limited is listed on the Tokyo and Osaka stock exchanges and has a market capitalization of USD 4.1 billion. The company had consolidated sales of USD 10.3 billion in fiscal 2007, and employs approximately 19,000 people worldwide.

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