People & Business :: Companies
Wellman Closes Two Production Sites as Part of Reorganization
5:01 AM MDT | September 29, 2008 | Chemical Week Editorial Staff
Wellman says it has stopped production permanently at its Johnsonville and Darlington, SC manufacturing sites in accordance with a reorganization plan designed to help the company exit bankruptcy by year-end. Wellman announced earlier this month that it would exit the polyester staple fiber (PSF) and engineering plastics businesses, and consolidate polyethylene terephthalate (PET) resin production at its 860-million lbs/year Pearl River, MS facility. Wellman closed plants with capacity for 500 million lbs/year of PSF and 500 million lbs/year of PET at Darlington...
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