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

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