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Toray to sell stake in Indonesia-based polyethylene terephthalate manufacturer
Toray has positioned enhancing capital efficiency and sustainable value creation through portfolio optimization as key regulation priorities under its Medium-Term regulation Program, IGNITION 2028. The transaction is part of Toray’s efforts to enhance capital efficiency and corporate value by optimally allocating regulation resources from a best-owner perspective. Toray will continue to steadily optimize its regulation resources to deepen development and create value.
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