Home / Knowledge / News / Textiles / Freudenberg Politex establishes Chinese subsidiary
Freudenberg Politex establishes Chinese subsidiary
23
Jan '08
The Management Board of the Freudenberg Politex Group is pleased to announce the foundation of the Company Freudenberg Politex Ltd. in Shanghai, China.

Already active in China through a representative office since 2006, with the creation of the operative Company Freudenberg Politex strengthens its position in Asia, which is an area of strategic interest for the Group.

The Management of the Group sees in the Asian market a twofold opportunity of growth: first, the sales of polyester reinforcement in the local market replacing “poor” materials traditionally used, and secondly, attractive opportunities for cooperation with local manufacturers.

Following the successful completion of the Russian project, Freudenberg Politex is pleased to add China to its operations, confirming its intent to consolidate the global leadership of polyester nonwovens through growth and business diversity.

Freudenberg Politex, with headquarters and group management in Italy (Novedrate, Como), is world leader in the production and marketing of high tenacity staple and spunbonded polyester nonwovens, mainly sold as supports for bituminous roofing membranes, core business of the Group.

Two other important segments are represented by special products and polyester panels used for the construction industry and high loft nonwovens used as padding for furniture and garment applications.

Freudenberg Politex is one of the Business Groups belonging to the Freudenberg Group (Weinheim, Germany), diversified multinational enterprise with more than 30.000 employees in 54 countries and a global turnover of over 4 billions Euro.

Freudenberg Politex Ltd

Must ReadView All

Apparel/Garments | On 18th Jan 2017

Government considering 100% FDI in single brand retail

The Government of India is looking at allowing 100 per cent foreign...

Courtesy: Walmart

Apparel/Garments | On 18th Jan 2017

Walmart to create 34,000 new jobs in the US

The world’s biggest retailer and also the biggest US private sector...

Courtesy: UN Department of Public Information

Textiles | On 18th Jan 2017

World economy expanded by just 2.2% in 2016: UN

The world economy expanded by just 2.2 per cent in 2016, the slowest...

Interviews View All

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Robert Brunner
Devereux

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search