Home / Knowledge / News / Textiles / TenCate finalizes acquisition of geosynthetics activities of Emas Kiara
TenCate finalizes acquisition of geosynthetics activities of Emas Kiara
19
Mar '11
Ten Cate Geosynthetics Asia announces the successful closing of the acquisition of the geosynthetics activities of Emas Kiara Industries Berhad, a publicly listed company based in Rawang, Malaysia. The completion of this transaction provides TenCate Geosynthetics with a significantly larger position in the supply of geosynthetics solutions to the Southeast Asian markets.

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 strengthen the position of TenCate Geosynthetics activities in this rapidly growing region of the world.

These activities are concentrated on the rapidly growing environmental, infrastructure and water management applications in the region. One example of the succesfull business lines is the TenCate Geotube for coast protection, land reclamation and environmental dewatering projects for cleaning harbours, rivers etc.

Wally Moore, global group director TenCate Geosynthetics says: 'In combination with the existing production activities of TenCate Geosynthetics in Malaysia and China, and the existing pan-Asian market activities, TenCate is expanding its leading market position. As a result of this acquisition, TenCate substantially increases the revenues of geosynthetics in this region'.

In addition to continuing other non-geosynthetic related business, Emas Kiara maintains their geosynthetic construction and installation activities with exclusive product supply support from TenCate. In this way Emas Kiara and TenCate combine their efforts and will be a strong solutions driven combination.

The acquisition provides an immediate accretive benefit to the earnings of TenCate in 2011. The acquisition is financed through the credit facilities of TenCate.

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 Sep 2017

India needs to double cotton farmers’ income: top official

India needs to double the income of cotton farmers and non-farmers...

Textiles | On 20th Sep 2017

Pakistan seeks more JVs with China: textile minister

The Pakistani Government wants to forge more joint ventures (JVs)...

Apparel/Garments | On 20th Sep 2017

Egypt’s garment exports touch $941 million in 8 months

Egypt's garment exports touched $941 million in the first eight...

Interviews View All

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Suresh Patel
Sidwin Fabric

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

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Mohammad Hassan
Biax Fiberfilm

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Jay Ramrakhiani
Occasions Elegance Wear

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

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

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

September 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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