Trevira CEO Klaus Holz's contract renewed
Fibres/Yarns/Fabrics
Large investments approved for Trevira’s Guben site
The approved investments will be in the form of equipment that will affect all of the processes at the Guben site.
17th May 2018
Innovation in Textiles
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Bobingen
Trevira’s owner Indorama Ventures has approved various large projects at the Guben site, Germany, which will be “of enormous importance” for the entire company, according to Trevira’s CEO Klaus Holz. “These investments are an extremely important signal. They are a reiteration of the long-term commitment of our parent company IVL to Trevira,” he said.
The approved investments will be in the form of equipment that will affect all of the processes (polycondensation, spinning, and textile processing) at the Guben site where Trevira produces filament specialties for the textiles industry.
A total sum of around EUR 7.5 million is scheduled to be invested. These investments will generate additional quantitative growth and optimise processes and procedures at Trevira’s site in Guben where flat and texturised filament yarns are produced for automotive interiors, technical textiles, apparel, and home textiles. “We are very excited about the investments in the new equipment. The Guben site and the Filament BU will be strengthened by these projects,” said Edo Lieven, Head of the Filament BU.
Trevira is a European manufacturer of high-value branded fibres and filament yarns for technical applications and hygiene products, as well as for home textiles, automotive interiors and functional apparel. Two production sites and a Marketing and Sales office with a total of around 1,100 employees are located in Germany. These are supported by an international marketing and sales organisation.
In 2017, sales amounted to around EUR 244 million. The head office of the company is located in Bobingen, near Augsburg. Owner of Trevira is Indorama Venture PCL, Thailand. Trevira has a reputation for fibres and yarns for flame retardant polyester home textiles (Trevira CS), for its fibre specialties for hygiene products and technical applications, as well as for low-pill fibres for functional apparel.
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