29 July 2009 20:41 [Source: ICIS news]
NEW YORK (ICIS news)--DuPont Teijin Films (DTF) is consolidating its US-based polyethylene terephthalate (PET) film production to one location, and will shutter its other plant, the company said on Wednesday.
PET film production will be centred at the Hopewell plant in Virginia, while the Florence facility in South Carolina will be shut down in late 2010 with the loss of 210 jobs.
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It did not give capacity figures for either site or detail sales figures from PET films.
“The consolidation of PET film operations into our Hopewell facility completes our strategic plan to address structural changes in our industry, and positions us for solid growth in our key markets,” said Jean-Philippe Azoulay, president of DTF Americas.
“The capability and productivity of the
DuPont Teijin Films is a 50-50 joint venture between US-based DuPont and Japan-based Teijin.
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