Related Keywords: Indorama, PHP Fibers, polyester, Toyobo
Thailand-based Indorama Ventures Public Co. Ltd. (IVL) a global producer of polyester precursors, fiber, yarn and components has decided to take over 80 percent of Germany-based PHP Fibers GmbH and the remaining 20 percent of the PHP will be owned by Japan-based Toyobo Co. Ltd. a global manufacturer of high-performance automotive and other industrial products.
Germany-based PHP Fibers GmbH is a global producer of polyamide 6,6 yarn for applications including airbags and tires, and of polyester industrial yarn.
