Teijin to Establish Polyester Chemical Recycling Joint Venture in China Aim to establish closed-loop recycling system in china

摘要

Teijin Limited announced on August 9, 2012 that in September it will establish Zhejiang Jiaren New Materials Co., Ltd., a joint venture with Jinggong Holding Group, in Shaoxing, Zhejiang Province, China, one of China's largest production bases for ber products. Through the joint venture, Teijin will chemically recycle polyester, as well as manufacture and sell the resulting bers, with the aim of establishing a closed-loop recycling system in China leveraging its advanced proprietary chemical