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IVL to acquire Glanzstoff leading European tire cord manufacturer

Related Keywords: entered into a definitive agreement, Glanzstoff, global chemical producer, Indorama Ventures Public Company Limited, IVL, major European manufacturer of tire cord fabrics, single endcords for high performance tire applications. transaction expected to close during second quarter of this year, to acquire Glanzstoff Group

Indorama Ventures Public Company Limited (IVL), a global chemical producer to acquire Glanzstoff Group has entered into a definitive agreement. Glanzstoff is a major European manufacturer of tire cord fabrics and single-end-cords (SEC) for high performance tire applications. This transaction is expected to close during the second quarter of 2017, subject to regulatory approval.

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