DUESSELDORF, Germany—Asahi Kasei Europe is planning to relocate its headquarters within Duesseldorf by the second half of 2020.
Located at Duesseldorf Harbor, the new offices will consolidate sales, marketing and research and development activities, Asahi Kasei said in a May 13 statement.
The relocation, it said, is intended to enhance the company's business approach to the European automotive industry.
Asahi Kasei established its European headquarters at Seestern, Duesseldorf in 2016. A year later opened an R&D center nearby in Chempark Dormagen.
The new headquarters, will house Asahi Kasei Microdevices Europe and the Dormagen-based R&D center in addition to sales and marketing functions.
Asahi Kasei Spandex Europe (AKSE), a manufacturer of elastic fibers will not relocate from its Chempark Dormagen location.
The relocation will help "accelerate our business activities in Europe, especially towards the European automotive industry," said Hideki Tsutsumi, managing director of Asahi Kasei Europe, said the newly consolidated headquarters