Home / Knowledge / News / Textiles / Low & Bonar's Yarns business is improving
Low & Bonar's Yarns business is improving
Apr '11
Low & Bonar PLC ("the Group"), the international performance materials group, publishes its interim management statement providing an update on its business since 30 November 2010.

In comparison to last year, the overall demand for our products has been strong across all markets through a combination of economic recovery, new products and increased exposure to emerging markets. Raw material polymer prices have escalated further but we expect that we will continue to be able to pass through price increases, albeit with a time lag. As a result the full benefit of increased revenues will not be felt until the second half.

Performance within the Yarns business is improving and is on track to be profitable this year. The restructuring project is progressing to plan and the Ostend site will close in June.

Our joint venture in Saudi Arabia with NATPET, announced on 1 February, is being established. Construction of the production facility in Yanbu is expected to commence in the third quarter. The joint venture is well positioned to take full advantage of the high growth geotextile markets in the Middle East and the Indian subcontinent given its technological, marketing and raw material strength.

In spite of the very high polymer prices, we remain confident that the Group will deliver another year of substantial progress.

Low & Bonar PLC

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

Rahuul Jashnani

‘Online economy has changed the whole dynamics of buying habits.’

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Sonia Agarwal

‘The terms eco-friendly and organic are common but everyone perceives them ...

Paolo Ocleppo
Sandvik Hyperion

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Jay Ramrakhiani
Occasions Elegance Wear

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

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