Home / Knowledge / News / Textiles / Indorama acquires mono & bi-component fibers firm
Indorama acquires mono & bi-component fibers firm
Jan '12
Indorama Ventures Public Company Limited at the Board of Directors' Meeting held on January 4, 2012, approved to acquire 100% of FiberVisions Holdings LLC, a global manufacturer of specialty mono and bi-component fibers based in Duluth, Georgia, USA.

FiberVisions has a total global capacity of 221,000 tons per annum of specialties, with 117,000 tons per annum capacity in the United States of America, 90,000 tons per annum capacity in Europe and 14,000 tons per annum capacity in China.

FiberVisions Holdings, LLC and its subsidiaries are the global market leader in high value applications of fibers. The products are used in non-woven industries and used for various applications in hygiene, wipes, construction, automotive and textile sectors. These companies have several valuable patents and technologies together with a strong R&D setup with substantial accumulated research knowledge.

The acquisition of FiberVisions will significantly enhance IVL's position in the World's most specialized fibers business for hygiene products and complements IVL's strength as the World's largest polyester producer with FiberVisions' as the largest producer of polypropylene fiber, who together will better cover customer needs in all parts of the World.

A new, indirect subsidiary, Indorama Ventures Performance Fibers Holdings USA LLC, has been formed in the USA in order to acquire the business. The closing of the transaction will take place on January 6, 2012.

Indorama Ventures Public Company Limited

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Angelina Francesca Cheang

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search