Tokyo — Key Safety Systems, the Chinese-owned US airbag maker that agreed to buy Takata, plans to unify the products under its own brand and expand ties with other inflator suppliers, including Japan’s Daicel. Key Safety would scrap the Takata name, except maybe in selected areas such as racing, with the decision to be made as the two companies integrated their business, Ron Feldeisen, senior vice-president of Michigan-based Key Safety, said in a phone interview. Takata filed for creditor protection in the US and Japan this week after buckling under liabilities from millions of recalled airbags that have been blamed for more than a dozen deaths worldwide. Key Safety’s $1.6bn purchase will exclude Takata’s manufacturing and sale of ammonium nitrate inflators, whose production will be wound down after the orders for replacement parts are fulfilled. Daicel currently supplies the devices to both companies. Key Safety, bought by China’s Ningbo Joyson Electronic in 2017 for $920m, has bee...
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