Unitika to leave textile business

Unitika Ltd. President Shuji Ueno holds a press conference in Osaka on Nov. 28, 2024. The company, which started in 1889 as a textiles firm, announced the same day it will pull out of the loss-making side to its business and instead focus on packaging film for food and other polymer products.

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ILEA003656805

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2024/11/28 00:00:00

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Kyodo / Kyodo News Images

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2024 Kyodo News

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Unitika to leave textile business

Unitika Ltd. President Shuji Ueno bows during a press conference in Osaka on Nov. 28, 2024. The company, which started in 1889 as a textiles firm, announced the same day it will pull out of the loss-making side to its business and instead focus on packaging film for food and other polymer products.

Unitika to leave textile business

Photo taken Nov. 28, 2024, shows the building housing the headquarters of Japanese chemical firm Unitika Ltd. in Osaka, western Japan. The company, which started in 1889 as a textiles firm, has decided to pull out of that loss-making side to its business and instead focus on packaging film for food and other polymer products, sources close to the matter said the same day.

Unitika to leave textile business

Photo taken Nov. 28, 2024, shows the building housing the headquarters of Japanese chemical firm Unitika Ltd. in Osaka, western Japan. The company, which started in 1889 as a textiles firm, announced the same day its decision to pull out of that loss-making side to its business and instead focus on packaging film for food and other polymer products.

Unitika to leave textile business

Unitika Ltd. President Shuji Ueno holds a press conference in Osaka on Nov. 28, 2024. The company, which started in 1889 as a textiles firm, announced the same day it will pull out of the loss-making side to its business and instead focus on packaging film for food and other polymer products.

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