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Polyester producer Trevira: sale completed

04 Jul '11

5 min read

He subsequently managed Business Lines at fibre manufacturers KoSa and Invista, was CEO of Kelheim Fibres and Dolan and also Head of the Nonwoven Business Unit at Lenzing. He finally worked independently as a consultant.Gregan says that he is looking forward to starting at Trevira. “I have been following the acquisition over the last ten months and have gained a good insight. It's now a matter of implementing the projects step by step, together with the workforce and the management team. My predecessors and the experienced team have already set many good and important things in motion, and now we have to strengthen Trevira for future crises. I look forward to this challenge and I am sure that together we will achieve our goals”.

Business at full capacity in first six months
The company reports that operations in the first six months of 2011 were running satisfactorily and according to plan. The situation in the raw materials markets continued to present a great challenge for all downstream stages, but capacities were being well exploited. Demand in most market segments was holding at a high level, with home textiles and hygiene showing the main positive signs.

Trevira GmbH is an important European manufacturer of high quality branded polyester fibres and filament yarns for the home textiles, apparel and automotive industries, the hygiene sector and technical applications. It produces in Germany and Poland. The company has around 1,350 employees and a turnover volume of some 240 million euro (2010). Its head office is in Bobingen near Augsburg/Germany.

Indorama Ventures Public Company Limited, listed in Thailand (Bloomberg ticker IVL.TB) is a leading integrated producer in the polyester value chain with strong global network and manufacturing across Asia, Europe and North America. Its products serve major branded players in diversified end use markets, including food, beverages, personal and home care, health care, automotives, textile, and industrial.

With its head office in Biella (Italy), Sinterama is a leading European manufacturer of dyed polyester yarns for the automotive, home textile, apparel and technical products industries. It is present in 5 countries with 6 production sites: Italy and Great Britain in Europe, Turkey, Brazil and China. The Group achieves with 650 employees a sale of almost 30,000 tons of filament yarns and a turnover of 120 million euro.

Trevira GmbH

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