Applied Extrusion Technologies, Inc. announces that the company name has changed to Taghleef Industries Inc. for operations in the United States, and Taghleef Industries Canada Inc. for our company in Canada.
As previously announced, Taghleef Industries (Ti) had entered into an agreement to acquire AET Films, and finalized that transaction on May 31, 2012. This company name change reflects the further integration of our Americas business into the global Ti organization, as we service and supply our customers around the world, and continue to develop the products, systems, and packaging solutions in our target markets.
AET Films, now Taghleef Industries Inc. in the Americas, is a leading supplier in North America of specialized oriented polypropylene (OPP) films used primarily in flexible packaging for food, product labeling, and non-food applications. Headquartered in Wilmington, DE, the company provides supply chain value through the application of advanced polymer technology, world-class manufacturing capabilities, and unmatched service organizations as we supply the packaged food, beverage, and other consumer goods markets. As a market leader in the Americas, Taghleef Industries Inc. will continue to service and supply many of the leading converters and world’s largest consumer product companies, while continuing the development of innovative products that our customers have come to expect.