Invista permanently shuts Canadian PET plant

10-Apr-09
Invista, an integrated producer of polymers and fibers, has reportedly closed its PET plant in Millhaven (Ontario, Canada) permanently following a four month period of stalled production. The plant was shut down due to drastic decline in demand leading to PET glut in the North American which will impact 100 employees. The plant used to supply the feedstock to bottled water packagers and aerated beverage market in the region. The company also considered to sell-off the plant albeit there were no takers owing to the plummeting demand for PET.
  More News  Post Your Comment

Previous News

Next News

{{comment.Name}} made a post.
{{comment.DateTimeStampDisplay}}

{{comment.Comments}}

COMMENTS

0

There are no comments to display. Be the first one to comment!

*

Name Required.

*

Email Id Required.

Email Id Not Valid.

*

Mobile Required.

Email ID and Mobile Number are kept private and will not be shown publicly.
*

Message Required.

Click to Change image  Refresh Captcha