Unifi has signed a letter of intent to enter into a J/V in Guatemala: Read the press release here…

 

AKC Note: Apologies for being late in sending out this link – I was out of the country in early August when it originated and was not able to send a News Update. Unifi has entered a number of licensing agreements for its successful Repreve brand of products, but this LOI potentially takes the brand further in the Central America region by entering into a manufacturing J/V in Guatemala. The potential partners are the owners of Complast and TTA who are already in the bottle recycling business as well as POY and DTY in Guatemala. It is understood that due diligence is ongoing with a target of completion by the end of 2017

Alasdair Carmichael
Carmichael International
PO Box 3444
Spartanburg
SC 29304
T: 864 583 6868
C: 864 542 4481