Home / Knowledge / News / Textiles / Transfar buys specialty textile chemicals maker Tanatex
Transfar buys specialty textile chemicals maker Tanatex
20
Aug '16
Courtesy: Tanatex
Courtesy: Tanatex
Netherlands based producer of specialty textile chemicals Tanatex Chemicals has been acquired by China based Zhejiang Transfar Co. Ltd, a business unit of Transfar Chemicals.

After the acquisition, Tanatex Chemicals will continue to operate under the existing Tanatex brand as an independent entity within the Transfar Group.

According to Transfar, the acquisition of Tanatex enables both groups to provide its global customers with a broader and enhanced product portfolio and become leaders in specialised textile auxiliaries.

Transfar will also use Tanatex Chemicals' global footprint to accelerate growth of the combination and benefit from Transfar Chemicals' number one position in the large Asian textiles auxiliaries market.

It will also optimise production between Tanatex Chemicals' location in the Netherlands and Thailand and Transfar Chemicals' locations in China.

“Together we will be in a better position to support our globally active client base and their growth,” CEO at Tanatex Chemicals, Marco de Koning said.

Senior vice president, strategy at Transfar Chemicals John Zhu too said, “With Tanatex Chemicals, we will take a major step in the execution of our strategy to grow our textile chemicals business globally.” (AR)

Fibre2Fashion News Desk – India

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

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Robert Brunner
Devereux

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

Tony Ward
Tony Ward

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

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