Home / Knowledge / News / Textiles / TenCate buys geosynthetics activities of Emas Kiara
TenCate buys geosynthetics activities of Emas Kiara
15
Nov '10
TenCate has entered into an agreement to purchase the geosynthetics activities of Emas Kiara Industries Berhad, a publicly listed company based in Rawang, Malaysia. This transaction will provide TenCate Geosynthetics with a significantly larger position in the supply of geosynthetics solutions to the Southeast Asian markets. The purchase is expected to be finalized in early 2011.

Emas Kiara Industries is an important full-line producer and supplier of a wide range of geosynthetic products and solutions with primary focus on the Asian markets. This addition of the Emas Kiara production capabilities, employees, and product brands will significantly strengthen the position of TenCate Geosynthetics activities in this rapidly growing region of the world.

In combination with the existing production activities of TenCate Geosynthetics in Malaysia and China, and the existing pan-Asian market activities, TenCate will clearly have a leading market position in this region. As a result of this transaction, TenCate doubles the revenue of geosynthetics in this region.

Wally Moore, Global Group Director at TenCate Geosynthetics: "Emas Kiara Industries has done an excellent job of developing their geosynthetic activities in Asia, and we are pleased to combine our efforts to provide unmatched capabilities and solutions to this important market. This strengthening of our market position is integral part of the Asia strategy of TenCate."

No financial details will be provided with regards to the transaction.

In addition to the continuation of other non-geosynthetic related business, Emas Kiara Industries will maintain their construction and installation activities with exclusive product supply support from TenCate Geosynthetics.

TenCate Geosynthetics develops and produces synthetics fabrics, non-wovens and grids, and designs solutions and systems for infrastructure and civil engineering. TenCate Geosynthetics has plants in Europe, North America and Asia.

TenCate NV

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Paolo Ocleppo
Sandvik Hyperion

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

Kai Poehler
Voith Paper GmbH & Co. KG

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Silvia Venturini Fendi
Fendi s.r.l

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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