Mitsubishi Rayon to transfer acrylic filaments t - sportstextiles: Lea SportsTextiles

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Mitsubishi Rayon to transfer acrylic filaments to subsidiary

06/03/2007

Japan-based Mitsubishi Rayon Co., Ltd has decided to transfer the responsibility for marketing its acrylic filament products and its synthetic leather products to its existing subsidiary Mitsubishi Rayon Textile Co., Ltd, with effect from April 1. Until now the subsidiary only handled the wholesaling of fabric.

With the objective of enhancing profitability by creating a more efficient operating framework, and strengthening the consolidated group’s textile operations, MRC has decided to transfer the responsibility for the marketing of its Silpalon acrylic fibres and ultra-fine acrylic fibre synthetic suede, Glore, to Mitsubishi Rayon Textile Co., Ltd. through the corporate divestiture procedure.


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