Toyobo Co., Ltd. has decided to dissolve Toyobo Industrial Material (Thailand), Ltd. (TIM), a subsidiary based in Bangkok, Thailand, which is engaged in the sales of base fabric for automobile airbags, around the end of March 2026. The details of the dissolution are as follows.
The Company is integrating its production hubs in Thailand to realign and strengthen its airbag-related businesses, having established an integrated production system for airbag yarn and fabrics through Toyobo Indorama Advanced Fibers Co., Ltd. (TIAF) and Toyobo Saha Safety Weave Co., Ltd. (TSSW).
The Company’s latest strategy for integrated production will transfer TIM’s sales function to TSSW, thereby consolidating the fabric manufacturing and sales operations within TSSW to enhance operational efficiency as well as client support and service. Looking forward, the Company is committed to supplying airbag products from its Thai base to not only Asian but also global markets, while addressing a wide range of client needs.
TIM was founded in 2001.