Wellmann closes 1999 with a loss


(USA) - The US company Wellman Inc., Shrewsbury, has closed the business year 1999 at a net loss of USD11.1m and declining sales. In the year before, the company, a manufacturer of polyester fibres and in its own words the world’s largest recycler of PET, posted USD968m turnover and a net profit of USD11.7m. In ...

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