Trevira, German polyester producer which was taken over by Reliance Industries Ltd (RIL) for Rs440 crore, is going to see green in the coming two years informed Chief Representative of RIL for Europe, Mohan Murti.
Trevira is specialized polyester manufacturer and is having many patents and technology with sound R&D with units operating in Belgium, Denmark and Germany.
He disclosed the plan of targeting Asian as well as North and South American markets along with the European market.
Murti was apprehensive of the rising raw-material prices but was still upbeat as their market share was increasing in spite of shrinking market.