BRUSSELS BACKS INTERNATIONAL POLYESTER DEAL
June 1st, 2011
BY KEITH NUTHALL
AN INTERNATIONAL commercial deal creating a global player in the polyester market has been given regulatory approval by the European Commission. It has allowed a takeover of German polyester producer Trevira by Thailand's Indorama and Italy's Sinterama. All three companies have different roles within the polyester sector: Trevira produces and supplies polyester textile chips, staple fibres and filament yarns; Indorama manufactures polyethylene terephthalate resins, preforms and bottles; while Sinterama manufactures polyester filament yarns for ...
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