Articles > Popular publications > PR Newswire press releases > January-March 1999 > Wednesday, February 3

Article: DuPont and Teijin Announce Plans to Form a Joint Venture for Their Global Polyester Films Businesses.

Article from:
PR Newswire
Article date:
February 3, 1999
Copyright

WILMINGTON, Del., Feb. 3 /PRNewswire/ -- DuPont (NYSE: DD) and Teijin Limited have signed a letter of intent (LOI) to form a global joint venture to produce and sell polyethylene terephthalate (PET) and polyethylene naphthalate (PEN) polyester film. The 50/50 joint venture provides DuPont and Teijin with a world-class, integrated global platform for supplying differentiated, value- added polyester film products. DuPont will receive cash reflecting the difference in the values of the respective businesses; the amount was not disclosed.

"This joint venture is the second step of an innovative, multi-part plan for polyester in which DuPont joins forces with an ...

Read all of this article with a FREE trial

Related newspaper, magazine, and journal articles:

Article: Toray to Form a Polyester Films Joint ...
Chemical Market Reporter;  June 21, 1999 ;     700+ words ... ... indicate that the joint venture will supply the industrial ... According to CEInet, polyester films account for 53 percent ... plans to establish a joint venture with the South Korean ... production facilities for polyester films and non-woven fabrics ...

Article: Hoechst and Mitsubishi Kasei. (merge their research, ...
British Plastics & Rubber;  September 1, 1991 ;     544 words ... ... Mitsubishi Kasei have agreed to merge their research, manufacturing, and marketing activities in polyester films, worldwide. The joint venture includes the polyester film businesses of Hoechst Celanese, Hoechst Japan, Mitsubishi Plastic ...

Article: Toray to Expand Production of Capacitor Polyester ...
JCNN News Summaries - Japan Corporate News Network;  January 25, 2005 ;     313 words ... ... and its 50-50 joint venture in China, Yihua Toray ... production of capacitor polyester films in China. In order ... capacitor makers, the joint venture will invest 2 billion ... 2006. With capacitor polyester films added to its product ...

Article: Dupont Teijin shuts U.S. plants, plans closures in europe. ...
Chemical Week;  November 21, 2001 ;     700+ words ... ... and it has added polyester film capacity at Dumfries and Luxembourg during the past two years. DuPont Teijin is a 50.50 joint venture between DuPont and Teijin, with sales of $1.4 billion/year. The company has capacity for more than 300,000 m.t ...

Article: Mitsubishi Chemical Plans to Acquire Hoechst's Interest In ...
PR Newswire;  April 14, 1998 ;     700+ words ... ... year-old Diafoil joint venture to produce polyester films. Included in the transaction are the joint venture's operations ... second largest polyester films producer. The ... interest in the films joint venture -- currently part ...

Article: DuPont and Sabanci Holding to Form Polyester Joint ...
PR Newswire;  April 15, 1999 ;     700+ words ... ... businesses that are part of the joint venture would become employees of ... will form a 50/50 global joint venture to make and sell polyester films. Last week, DuPont Akra ... Americas -- part of another joint venture between DuPont and Alpek ...

Article: NEW JOINT VENTURE TAKES DUPONT VIRTUALLY OUT OF ...
Daily News Record;  April 16, 1999 ;     700+ words ... ... indicated to DNR that the joint venture company may market Teijin ... form a 50-/50 global joint venture to make and sell polyester films. Van Wely indicated in ... fiber business - - into a joint venture. He said: "We have such ...

Article: DuPont, Alpek and Teijin to Form Polyester Joint ...
PR Newswire;  April 14, 1999 ;     700+ words ... ... their intent to form a joint venture to make and sell polyester ... form a 50/50 global joint venture to make and sell polyester films. Last week, DuPont ... as part of a separate joint venture between DuPont and Alpek ...

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!

Find articles, research, and archives