Related Keywords: acquiring remaining twenty five percent shareholding of Trevira, become a wholly owned subsidiary of IVL, consolidated ownership, IVL, joint venture partner Sinterama Spa, leading European fiber manufacturer, Thailand based Indorama Ventures PCL Group
Thailand-based Indorama Ventures PCL Group (IVL) has consolidated its ownership by acquiring the remaining 25-percent shareholding of Trevira from its earlier joint venture partner Sinterama S.p.A. with this Trevira GmbH, a leading European fiber manufacturer has become a wholly owned subsidiary of IVL.
Trevira with its renowned brand is an integral part within their specialty portfolio strategy, explains Uday Gill, CEO of IVL’s Fibres Business. They see further growth potential especially in the hygiene and automotive segments, as well as in the high-end home textiles business.
