IFG acquires Exelto to expand its PP production line

The Swedish Bronsstädet Group, International Fibres Group (IFG) has increased its annual capacity of Polypropylene staple fibre to around 130,000 tons and PP filament to 10,000 tons with the acquisition of Exelto NV, a Belgian-based polypropylene staple fibre producer.

It is the largest supplier of coloured polypropylene staple fibre to the European market and also the largest supplier of coloured polypropylene to the US automotive market.
IFG’s acquisition of Exelto is part of its long term strategy for profitable growth and the company plans to use its position as the technical leader in polypropylene fibre production to build on Exelto’s highly efficient lass fibre production lines.
IFG also consists of the UK’s Drake Extrusion Ltd., and Austria’s Asota, along with Drake Extrusion Inc. in the US. In the floor coverings industry its fibres are used extensively in tufted and woven products as well as needle punched nonwovens, as wall as in automotive, concrete, textiles and home furnishing products.

Recent Posts

Scientists develop bioabsorbable fabrics for soft tissue repair

Researchers from MIT and Lincoln Laboratory are developing innovative bioabsorbable fabrics that replicate how soft tissues naturally stretch.

12 hours ago

Researchers develop sustainable carbon fiber manufacturing process

A research team at the University of Limerick (UL) has introduced a groundbreaking method for producing carbon fiber through their…

12 hours ago

T2T recyclers to shape EU sustainability policies

Circ, Circulose, RE&UP, and Syre, have joined forces to create the T2T Alliance, an initiative focused on driving policy changes…

12 hours ago

Sun Tekstil, Refabric to drive digital transformation

Sun Tekstil has partnered with Refabric, investing in its AI-powered design platform to accelerate digital transformation in the fashion industry.

1 day ago

Uplift360 launches advanced fibers recycling process

Uplift360 showcased its chemical process that dissolves and re-spins para-aramid fibres, such as Kevlar and Twaron, into high-performance regenerated fibres.

1 day ago

IST unveils advanced Imidetex polyimide fibre

Industrial Summit Technology, a company based in Shiga, Japan, introduced Imidetex, an innovative polyimide fibre designed to enhance composite applications.

1 day ago