IHS Chemical Week

People & Business :: Companies

Asahi Kasei and Teijin to Dissolve PTT Fibers Joint Venture

10:01 PM MDT | July 3, 2009 | Deepti Ramesh

Asahi Kasei Fibers (AKF), an Asahi Kasei subsidiary, and Teijin Fibers, a subsidiary of Teijin, say that they will dissolve their Solotex (Osaka) joint venture for polytrimethylene terephthalate (PTT) fibers, by the end of March 2010 due to poor profitability. Solotex was established in 2002 as a 50-50 jv combining the PTT fibers operations of AKF and Teijin Fibers. Following the dissolution of Solotex, AKF will exit the PTT fibers business, while Teijin Fibers is studying the possibility of an independent PTT fibers business. “With declines in feedstock...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa