Japan's Teijin DuPont Films establishes new subsidiary in S Korea

20 June 2012 03:48  [Source: ICIS news]

SINGAPORE (ICIS)--Teijin DuPont Films will establish a new wholly owned subsidiary in South Korea to market and sell polyester films, Japanese high-performance fibers maker Teijin said on Wednesday.

The new firm, dubbed Teijin DuPont Films Korea, will be established on 1 July. It is aimed at expanding the group’s partnerships with electronics firms in the South Korean market, the company said in a statement.

Teijin DuPont Films is a global joint venture Teijin and US-based DuPont.

Teijin is also expanding operations in other emerging economies such as China, Brazil and India to target growth in the key fields of information and electronics, with a special focus on displays, touch screens and printable electronics, the company added.

By: Nurluqman Suratman

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