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MEXICO: JOINT VENTURE CONSTRUCTION PLANS FOR PROPOSED $100,000,000 FIBER PLANT, SHELL CHEMICALS & KOSA [USA] - Order #: 116599.
WWP-Business Opportunities in Latin America & theCaribbean
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November 1, 1999
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COPYRIGHT 1999 Worldwide Projects, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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PROJECT OVERVIEW:
The Mexican textiles industry has reportedly been growing at a rate of 6% per annum during the past few years. As a result, an American joint venture was recently established in view of building a new fiber plant in Mexico.
The partners in the planned undertaking include SHELL CHEMICALS, a subsidiary of the ROYAL DUTCH/SHELL GROUP of the Netherlands/ UK, and KOSA. In so doing, the partnership is proposing to produce a new fabric known as Corterra. Corterra is the trade name for polytrimethylene terephthalte (PTT).
Construction ...
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