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In January 1993, the Mobile Tencel plant reached full production levels of 20,000 tons per year, by which time Courtaulds had spent £100 million and 10 years on Tencel development. Tencel revenues for 1993 were estimated as likely to be £50 million. A second plant in Mobile was planned. By 2004, production had quadrupled to 80,000 tons.
X1 gets 50% valuation boost, aims to give consumers a way to buy stocks via credit card reward points. X1, a consumer fintech startup which recently launched an income-based credit card to the ...