RICHMOND, Va., July 28 /PRNewswire-FirstCall/ -- Tredegar Film Products
Corporation, a subsidiary of Tredegar Corporation (NYSE: TG), announced that
it has purchased Shanghai Yaheng Perforated Film Material Co., Ltd., a
manufacturer of apertured nonwovens used primarily in personal care markets.
Yaheng is based in Shanghai, China, and has 40 employees. Terms of the
purchase were not disclosed.
Thomas G. Cochran, president of Tredegar Film Products, said: "Yaheng
expands our technology base and product line in apertured nonwovens for
feminine hygiene products and other potential applications in personal and
household care markets. This acquisition is another demonstration of
Tredegar's commitment to profitable growth in China and other emerging
Yaheng is Tredegar's third manufacturing site in China. The company has
another plant in Shanghai and one in Guangzhou.
Tredegar Film Products is a major supplier of apertured and elastic
materials for use in personal care markets. Primary applications include
diapers and feminine hygiene products. It also produces films for a variety
of packaging and specialty markets. The subsidiary had sales of $366 million
in 2003 and employs approximately 1,300 people at its production facilities in
the U.S., South America, Europe and China.
Based in Richmond, Va., Tredegar Corporation is a global manufacturer of
plastic films and aluminum extrusions. Tredegar is also developing and
marketing bone graft substitutes through its Therics subsidiary.
SOURCE Tredegar Corporation
/CONTACT: Mitzi S. Reynolds of Tredegar Corporation, +1-804-330-1134,
fax: +1-804-330-1177, or email@example.com/
/Web site: http://www.tredegar.com /
CO: Tredegar Film Products Corporation; Tredegar Corporation; Shanghai Yaheng
Perforated Film Material Co., Ltd.
ST: Virginia, China
IN: CHM MNG
-- DCW042 --
4960 07/28/2004 13:00 EDT http://www.prnewswire.com