New JV to acquire Trevira
16/02/2011
German polyester manufacturer Trevira is to be acquired by a new joint-venture company set up by Thai yarn producer Indorama Ventures (IVL) and Italian manufacturer of dyed polyester yarns Sinterama. According to reports IVL will acquire a 75% stake of Trevira, while Sinterama will hold the remaining 25%. The Italian company will play a prominent ...