Home / Knowledge / News / Textiles / DAK Americas acquires stake in Selenis Canada
DAK Americas acquires stake in Selenis Canada
04
Aug '16
DAK Americas, the main producer of polyester staple fibres in the Americas, has completed transaction with IMG Group of Portugal to acquire a controlling interest in Selenis Canada Inc.

Selenis Canada operates a polyethylene terephthalate (PET) plant in Montreal, Quebec with a capacity to produce 144 kilo tons/yr of PET resin.

The Montreal PET facility offers the ability to expand operations into Canada, to produce differentiated products and enhance raw material synergies.

Terms of the transaction were not disclosed.

However, the transaction has been approved by the Canadian Competition Bureau. (RKS)

Fibre2Fashion News Desk – India

Must ReadView All

Apparel/Garments | On 1st Oct 2016

Wolf & Badger plan New York store following Brexit

UK multi brand fashion retailer Wolf & Badger is crossing the...

L-R: Smriti Irani, Vanathi Srinivasan and M Senthilkumar

Textiles | On 30th Sep 2016

Textile industry appeals for cotton fibre security

A pan-India textile industry delegation has urged Union textiles...

Courtesy: Kelheim Fibre

Textiles | On 30th Sep 2016

Kelheim Fibres develops static dissipative viscose fibre

Germany based specialty fibre producer Kelheim Fibres has developed a ...

Interviews View All

Anshul Sood
Oceedee

Anvita Mehra
Confidential Couture

Riddhika Shah
SS Homme

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
September 2016

September 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search