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Oerlikon Neumag and Teknoweb Materials have agreed in principle to establish a new jointly-owned company to extend nonwovens production systems into the disposable nonwovens market. The deal is expected to close within weeks.
“The establishment of a new, jointly-owned company will be completed in the upcoming weeks.”nonwovens-industry.com
Summarized from public sources; check the original articles before acting on it.