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Agreement by IVL to purchase polyester staple fiber producer M&G Fibras Brasil

Related Keywords: cotton, high-quality fibers, polyester staple fiber producer, polyethylene terephthalate, polymerization, Purified terephthalic acid, spinning industry, Textile Industry

Aloke Lohia, IVL group CEO said that, “Brazil, with its large spinning industry is a natural place for the textile industry to enjoy long-term growth due to its location and large population,” ,“We intend to support the local spinning industry with a commitment to supply high-quality fibers to blend with cotton and reduce dependence on imports.”

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