company news; dupont joins teijin in venture to make polyester film
Through the associated pressure. 1999 Taijin Co. , Ltd. Japan and DuPont announced yesterday that they will set up a joint venture to produce the material polyester film used to produce audio-visual tapes. Teijin, a major textile manufacturer, and DuPont, a chemical giant, said their joint operations would form the world\'s largest manufacturer of polyester films for about $1. Annual sales are expected to be 4 billion. Shosaku Yasui, president of Teijin, said at a news conference in Tokyo that Teijin and DuPont will each contribute about 50% to the joint venture. We are constantly improving the quality of text archives. Please send feedback, error reports, and suggestions to archid_feedback @ nytimes. com. A version of the article was printed on page C00003 of the National edition on February 4, 1999, with the title: Company News; DuPont works with Dijin to produce polyester film.