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                                                News Update   
                                             August 2, 2016
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Sponsored

by:

 

 
DAK Americas is one of the largest integrated producers of PET resins in the world and the main producer of polyester staple fibers in the Americas. DAK Americas is headquartered in Charlotte, NC, and is wholly owned by Alfa S.A.B. de C.V. of Monterrey, Mexico.


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DAK Americas announce they have acquired a controlling interest in the Canadian PET resin producer, Selenis Canada Inc.:



 AKC Note: The PET resin business in N. America is going through a period of change with major new capacity being built by M&G in Corpus Christi, the 2015/16 antidumping suit against PET resin from China, India, Canada and Oman, and consolidation expected. This move by DAK to acquire a controlling interest in Selenis brings the smallest PET producer in N.America (144,000 tons/yr capacity) into the DAK Americas business. In 2015, before the full impact of the anti dumping ruling was felt, Canadian exports to the US were 132,000 tons and Selenis was the only Canadian producer.





Alasdair Carmichael

Carmichael International

PO Box 3444

Spartanburg, SC 29304

T: 864 583 6868

C: 864 542 4481
     
News Update is a service of Carmichael International designed to provide relevant up to date information on the textile markets. We aim to provide links to information and some commentary which is provided in good faith as to its accuracy. Carmichael International however disclaims any and all liability and responsibility for information supplied and any decisions that may be made on the information. 
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Synthetic Yarn and Fiber Association

To promote the production, improvement and use
of synthetic yarns and fibers


703-875-0636 (phone)
703-875-0907 (fax) 
www.thesyfa.org


Synthetic Yarn and Fiber Association | 3033 Wilson Blvd., Suite 700 | Arlington | VA | 22201