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Teijin Continues Polyester Restructuring; Sells Stake in Indonesian Polyester Fiber Subsidiary

7:30 AM MST | December 18, 2009 | Deepti Ramesh

Teijin, as part of the previously announced restructuring of its polyester fiber business, says it will sell its 97.9% stake in Teijin Indonesia Fiber (Tifico; Jakarta, Indonesia), a polyester fiber manufacturing company, to four textile manufacturers. The...

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