Issue Date: September 7, 2015
Textiles Are New Growth Business For Chemical Firms
DAK Americas, a subsidiary of Mexico’s largest chemical company, has announced a project that just a few years ago would have been foolhardy: an expansion of U.S. capacity for polyester fiber. The project is a sign that textiles may yet again be a growth market for chemical makers.
DAK says it will add 230 million lb per year of capacity for polyester staple fiber, a cotton-fiber-like form of polyester, at its plant in Bay St. . . .
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