Italian yarn producer Aquafil and Carvico, a manufacturer of warp-knitted stretch fabrics, have formed a joint venture company XLAnce Fibre Italia which will manufacture and market the XLA polyolefin stretch fibre.

XLAnce Fibre Italia has completed a transaction with The Dow Chemical Company and its affiliates to purchase the trademarks associated with XLA polyolefin based stretch fibre and to acquire an exclusive license under the related intellectual property for cross linked polyolefin based stretch fibre for knitted and woven textiles.

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