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Teijin exits p-xylene business

3:38 AM MDT | August 4, 2014 | Deepti Ramesh

Teijin says it discontinued production of para-xylene (p-xylene) at its plant at Matsuyama, Japan, in March. The 290,000-m.t./year plant at Matsuyama was the only location where Teijin produced p-xylene. Teijin tells CW that the company decided in January to stop producing and selling p-xylene, a raw material used to manufacture polyester because of poor profitability. Teijin had produced p-xylene at its Matsuyama plant since 1973. Competitors worldwide have recently invested to expand their p-xylene production capacities, a...

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