IVL acquires Tollegno 1900’s wool assets
Fibres/Yarns
Indorama concentrates European yarn production in Italy
Company bundles spinning, draw texturizing and dyeing expertise in Sandigliano and at its neighbouring site in Saluzzo.
1st October 2024
Knitting Industry
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Bangkok
Indorama Ventures, a leading player in the polyester fibres market, has moved to concentrate large parts of its high-performance polyester filament yarn production for the European textiles industry around 100km west to Milan, Italy.
By transferring current German production and bundling the company’s spinning, draw texturizing and dyeing expertise in Sandigliano and its neighbouring site in Saluzzo, Indorama executes on its strategy to transform its global asset network into a focused footprint that can serve volatile markets.
European textile filament customers will benefit from efficient, reliable supply of high-quality, coloured, spun and package dyed, as well as functional yarns for a vast range of applications in customised quantities. End use applications are, among others, in apparel, home textile, woven label and automotive interior markets.
“While European customers value our expertise and supply capabilities from within the region, they also expect us to be highly cost competitive,” explains Vipin Kumar, Chief Operating Officer of Indorama Ventures’ fibres business. “Consolidating our capabilities will be most efficient moving forward and allow us to continuously serve our European customers with highly specialized and proven quality-products and services competitively.”
The company’s twisting and air texturizing processes will continue to be performed out of Bulgaria. Customers have been informed accordingly and can address questions to their usual contact or email to [email protected].
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