Home / Knowledge / News / Textiles / New Polymer Group operations started
New Polymer Group operations started
04
Dec '09
Polymer Group Inc (PGI) announced it has completed the initial phase of the previously announced acquisition of the Barcelona, Spain-based Tesalca-Texnovo nonwovens businesses from Grupo Corinpa, S.L.

With the closure of the sale, the company began operations of its new wholly owned subsidiary, PGI Spain, strengthening its position as the global leader in the hygiene market by giving it a new presence in the European market with state-of-the-art technology.

“We are very pleased to have completed this phase of the transaction and to begin operations of our new PGI subsidiary,” said Veronica (Ronee) Hagen, chief executive officer. “This acquisition furthers our strategy of being the global hygiene leader, and also strengthens our medical and industrial businesses in the region.”

The acquisition adds about 280 employees to PGI's global employee base of more than 3,000. It also expands its manufacturing capabilities with presence in Tarragona, Spain consisting of six spunlaid lines serving the hygiene, medical and industrial/agricultural segments. The additional capacity brings PGI's global spunlaid capacity to more than 285,000 metric tonnes.

Jaime Carreras, previously general manager for Tesalca-Texnovo, has been named general manager of the new PGI Spain. He has been with Tesalca-Texnovo for over 20 years.

Polymer Group Inc (PGI)


Must ReadView All

Textiles | On 28th Jun 2017

GST and textiles industry: Analysis and opinion

The Goods and Services Tax (GST) is at long last all set to be rolled ...

Textiles | On 28th Jun 2017

India probing dumping of polyester yarn by China

Indian government is probing anti-dumping allegations against a...

Courtesy: Raymond

Apparel/Garments | On 28th Jun 2017

Raymond plans to invest Rs 1,400 crore in Amravati plant

Raymond, Indian textiles and apparel major, has decided to invest Rs...

Interviews View All

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Dinaz Madhukar
DLF Emporio and DLF Promenade

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Silke Brand-Kirsch
Schlegel und Partner

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

Silvia Venturini Fendi
Fendi s.r.l

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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

news category


Related Categories:
July 2017

July 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search