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Indorama Ventures to invest in projects at Guben site

17 May '18
1 min read
Courtesy: Trevira
Courtesy: Trevira

Trevira’s owner Indorama Ventures has decided to invest in various large projects at the Guben site which will be of importance for the company. The approved investments will be in the form of equipment for processes (polycondensation, spinning, and textile processing) at the Guben site where Trevira produces filament specialties for the textile industry.

Trevira is an innovative European manufacturer of high-value branded fibres and filament yarns for technical applications and hygiene products as well as for home textiles, automotive interiors and functional apparel.
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A total sum of approximately 7.5 million euros is scheduled to be invested. These investments will generate additional quantitative growth and optimise processes and procedures at Trevira’s site in Guben where flat and texturised filament yarns are produced for automotive interiors, technical textiles, apparel, and home textiles.

Trevira’s CEO Klaus Holz said: “These investments are an extremely important signal. They are a reiteration of the long-term commitment of our parent company IVL to Trevira.” The head of the Filament BU, Edo Lieven, said: “We are very excited about the investments in the new equipment. The Guben site and the Filament BU will be strengthened by these projects.” (SV)

Fibre2Fashion News Desk – India

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