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Dubai Firm Taghleef Buys U.S. BOPP Producer AET Films

2:35 AM MDT | June 6, 2012 | Natasha Alperowicz

Taghleef Industries (Ti; Dubai), a leading producer of biaxially oriented polypropylene film (BOPP), has completed a transaction to buy Applied Extrusion Technologies (AET Films; Wilmington, DE), one of the principal manufacturers of specialized BOPP films in the Americas.     “The purchase of AET Films allows Tito expand its global footprint, secure a strategic position within the North American market and connect with multinational brand owners”, says Rashid Al Ghurair, chairman of Taghleef. Ti is one of the leading BOPP producers with...

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