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Teijin acquires composites company Inapal to expand European automotive business

Green Car Congress

The acquisition was completed at the beginning of August 2018, following the satisfactory completion of customary closing conditions, including regulatory approval. —Jun Suzuki, president and CEO, Teijin Limited. The shares of Inapal will be purchased by Teijin Holdings Netherlands B.V., billion ($2 billion) by 2030.

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Kawasaki, Subaru, Toyota, Mazda, and Yamaha partner on producing, transporting, and using carbon-neutral fuels, including hydrogen

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and Suzuki Motor Corporation, and the four companies intend to jointly explore the possibility of achieving carbon neutrality through the use of internal combustion engines in two-wheeled vehicles. Going forward, they are planned to be joined by Honda Motor Co.,

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