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Toyobo Co. Ltd. agreed to set up a joint venture with Indorama Polyester Industries PCL to build a new plant for nylon 6,6 airbag yarns on the IPI factory site in Rayong Province, Thailand, with operations starting in Q1 2022.
“The joint company plans to build a new plant on the IPI factory site in Rayong Province, Thailand, and start operations in first Quarter of 2022.”textileworld.com
Summarized from public sources; check the original articles before acting on it.