Teijin Continues Polyester Fiber Business Restructuring

Teijin says it aims to expand its polyester fiber business on a sustainable basis for more consistent profitability and a stronger presence in markets worldwide. In August 2009, Teijin announced restructuring of its polyester fibers business with the aim of creating an optimal global production and sales configuration, to initiate “decisive reforms in loss-making businesses,” and to “create new business models that will facilitate stable profitability.” Teijin says that the reforms have been completed and the optimization of the global...

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