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Article: DUPONT AND UNIFI FORM POLYESTER MANUFACTURING ALLIANCE.

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AsiaPulse News
Article date:
April 4, 2000
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GREENSBORO, N.C., April 3 PRNewswire-AsiaNet - DuPont (NYSE: DD) and Unifi, Inc. (NYSE: UFI), intend to form a manufacturing alliance in the U.S. to produce polyester filament yarn. The alliance will optimize their partially oriented yarn (POY) manufacturing facilities, increase productivity and improve product quality. It will become effective on June 1, 2000.

The alliance will involve production only. Under its terms, DuPont and Unifi will cooperatively run their polyester filament manufacturing facilities, with a combined capacity of 800 million pounds, as a single unit, with DuPont managing the ...

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