Serafon, a company founded four years ago by the Palestine Economic Corporation and American industrialists, has begun manufacturing an essential raw material for the production of plastics, it was announced here today.
The production of “polystyrene saffron,” a thermoplastic powder, is expected to make the plastics industry independent of imports of this product and thus save about 40 percent of the foreign currency now allocated for materials for the plastics industry. The company is also producing a soil conditioner and is planning to start the manufacture of synthetic heels and soles for shoes.
Power the news that matters to you. Before 2025 ends, help JTA's independent, award-winning newsroom document Jewish history in real-time.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
