Thailand-based Indorama Ventures PCL Group (IVL) has acquired the remaining 25-percent shareholding of Germany-based fiber manufacturer Trevira GmbH from its joint venture partner Sinterama S.p.A., Italy. Trevira is now a wholly owned subsidiary of IVL. “We see further growth potential especially in the hygiene and automotive segments, as well as in the high-end home textiles business,” said Uday Gill, CEO, IVL’s fibers business.
May/June 2017
