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Toyobo has sold Kureha, its nonwoven fabric manufacturing subsidiary, and Toyobo Kankyo Techno, its filter manufacturing subsidiary. The company continues to produce PET spunbonded nonwoven fabrics with a capacity of 12,000 tons per year.
“Japanese nonwovens producer Toyobo has reportedly sold Kureha, its nonwoven fabric manufacturing subsidiary, and Toyobo Kankyo Techno, its filter manufacturing subsidiary.”nonwovens-industry.com
Summarized from public sources; check the original articles before acting on it.