Asahi Kasei Spandex Europe GmbH will be discontinued by March 2022
- "Optimizing the global strategy of its ROICA™ premium stretch fiber business"
Asahi Kasei Corporation markets premium stretch fiber (elastic polyurethane filament) under the brand of ROICA™ with superior performance features enabled by integrated production from raw material to finished yarn based on its advanced technology.
Asahi Kasei operates its global ROICA™ business having production sites in Japan, Thailand, Taiwan, China, and Germany with numerous sales offices around the world. Asahi Kasei has now decided to restructure and optimize its global strategy in order to further improve the business performance and level of sales services.
As a part of this process, the production and sales of ROICA™ at its German subsidiary, Asahi Kasei Spandex Europe GmbH, will be discontinued by March 31, 2022.
Recognizing the importance of the European market as leading fashion market and in light of sustainable trends together with valued customers and supply chains, Asahi Kasei will continue sales, technical, and marketing services in Europe from Asahi Kasei Europe, the European regional headquarters of the Asahi Kasei Group, focusing on ROICA™ added value products manufactured at its global ROICA™ production sites.