JBF RAK LLC, a leading manufacturer of polyethylene terephthalate (“PET”) polymer resin and Bi-Axially Oriented Polyester Films (“BoPET”) in the Gulf Region, announced a holistic restructuring plan under which JBF RAK, currently a subsidiary of JBF Group, exits the JBF Group, ensuring that JBF RAK maintains its own governance, management, and independent operations. …
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