Asahi Kasei plans to restructure its production strategy across Europe to face the new, unexpected and critical market situation. As a part of this process, the company will discontinue production and sales of Roica’s German subsidiary, Dormagen-based Asahi Kasei Spandex Europe GmbH, by March 31, 2022. However, the group will continue to develop sales, technical and marketing services in Europe through Asahi Kasei Europe, the European regional headquarters of the Asahi Kasei Group in Dusseldorf, Germany.
As per a Spin Off report, the company will continue to serve the European market through manufacturing sites in Asia including Japan (Shiga prefecture), Taiwan (Taipei), China (Hangzhou) and Thailand (Chnonburi). The company is discussing an appropriate withdrawal process for Asahi Kasei Spandex Europe’s current workforce of 181 people. The Japanese chemical specialist markets the premium stretch brand Roica through production sites in Japan, Thailand, China and Germany and sales facilities around the world,