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Teijin eyes film business operating income of Yen 8 bn in fiscal 2005.

Asia Africa Intelligence Wire

| June 23, 2005 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Chemical Business NewsBase - Japan Chemical Week)

In fiscal 2004, consolidated operating income by Teijin from its films operations amounted to Yen 6.6 bn. In fiscal 2005, the company is aiming to achieve sales of nearly Yen 8 bn and will allocate 60% of its resources to the sectors where it anticipates growth. It will expand its operations in PET films for flat panel displays and automotive applications in Japan. In the US, the emphasis will be on packaging …

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