・Changed company name to SEKISUI AEROSPACE CORPORATION
・The SEKISUI CHEMICAL Group is accelerating business expansion in the area of mobility materials such as components for aircraft and automobiles

AIM Aerospace Corporation, which became a subsidiary of SEKISUI CHEMICAL CO., LTD. (President and Representative Director: Teiji Koge; hereinafter “SEKISUI CHEMICAL”) on November 21st 2019, has officially changed its name to SEKISUI AEROSPACE CORPORATION.

With this acquisition, SEKISUI CHEMICAL will accelerate its business expansion into the “mobility materials field,” which includes automobile and aircraft components. SEKISUI CHEMICAL is positioned to achieve significant growth in this field by creating synergies in marketing, sales and R&D with SEKISUI AEROSPACE CORPORATION.

Daniele Cagnatel, President & CEO of SEKISUI AEROSPACE CORPORATION, commented on joining the SEKISUI CHEMICAL Group and changing the company name.
“It is an honor and distinct pleasure to be welcomed to the SEKISUI Family. We are privileged to adopt the SEKISUI name within our new name and branding. As SEKISUI AEROSPACE we present a message to our customers, employees and partners, of a company that will endure the test of time, delivering superior service to our customers and to our society for the decades to come.”
In addition, Ikusuke Shimizu, Director and Managing Executive Officer of SEKISUI CHEMICAL, President of the High Performance Plastics Company, gave the following statement:
“We are very pleased and honored to welcome SEKISUI AEROSPACE CORPORATION, which has built a high level of trust and presence as a secondary structural material supplier in the US aircraft industry, into the SEKISUI family. Through the fusion of AIM’s carbon fiber composite molding and aircraft safety expertise, along with SEKISUI’s global footprint and resin molding technology for the automotive industry, SEKISUI CHEMICAL will help drive the growth of the mobility materials industry, and contribute to the U.N.’s Sustainable Development Goals."

SEKISUI AEROSPACE is an integrated and diversified composite supplier with an innovative approach on delivering a range of full-service solutions for the commercial aircraft and engine markets for over 30 years.
SEKISUI AEROSPACE is leading the way in the implementation of advanced thermoplastics and intelligent automation for aerospace in North America. SEKISUI AEROSPACE is a leading designer and producer of advanced composite structures, systems, engine components and thermoplastic technology for the global aerospace industry with multiple and highly complementary capabilities to manufacture products for its customers with optimal cost, quality and delivery. As demand for composite components continues to increase, SEKISUI AEROSPACE is well-positioned to deliver a new generation of products to the industry.

【Company Profile of SEKISUI AEROSPACE CORPORATION】

＜Reference＞
・June 17th, 2019 press release: “Announcement Concerning Purchase of AIM Aerospace Group”
・November 22nd, 2019 press release: “Announcement Concerning Completion of Purchase of AIM Aerospace Group”

About SEKISUI CHEMICAL Group

Headquartered in Japan, SEKISUI CHEMICAL CO., LTD. (TSE: 4204) and its subsidiaries make up the SEKISUI CHEMICAL Group. 26,000 employees in over 200 companies throughout 21 countries aim to contribute to improving the lives of the people of the world and the earth’s environment. Thanks to a history of innovation, dedication and a pioneering spirit, SEKISUI CHEMICAL now holds leading positions in its three diverse business divisions as well as top global market share in interlayer film, foam products, conductive particles and more.
Since its foundation in 1947, the SEKISUI CHEMICAL Group has dedicated itself to social and environmental contribution and is now an internationally recognized leader in sustainability and environmental initiatives, having recently been selected as one of the Global 100 most sustainable companies. SEKISUI CHEMICAL Group will continue to maintain a strong corporate presence for 100 years and beyond.