# Oerlikon and Teknoweb Materials to form joint venture for nonwovens

Oerlikon's Manmade Fibers segment and Teknoweb Materials agreed in principle to establish a jointly-owned company to expand into the disposable nonwovens market. The deal is expected to close within weeks.

- Type: Partnership
- Announced: 2017-04-04
- Where: Switzerland
- Status: announced
- Products: nonwovens production systems, disposable nonwovens
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Oerlikon](https://endata.com/companies/7876.md)
- [Oerlikon](https://endata.com/companies/7876.md) (partner)
- [Teknoweb Materials](https://endata.com/companies/23326.md) (partner)

## Sources

- [innovationintextiles.com](https://innovationintextiles.com/oerlikon-enters-into-strategic-partnership-with-teknoweb-materials/), 2017-04-04: "Our objective was to join forces with a strategic investor with outstanding know-how, excellent technologies and machine and systems solutions."
- [news.textileexcellence.com](https://news.textileexcellence.com/oerlikons-strategic-partnership-to-expand-its-nonwovens-portfolios), 2017-04-04: "Our objective was to join forces with a strategic investor with outstanding know-how, excellent technologies and machine and systems solutions."
- [textiletechsource.com](https://textiletechsource.com/2017/04/19/oerlikon-enters-strategic-partnership/), 2017-04-19: "Oerlikon Manmade Fibers segment is entering into a strategic partnership with the Italian company Teknoweb Materials s.r.l."
- [indiantextilejournal.com](https://indiantextilejournal.com/oerlikon-ties-up-for-disposable-nonwovens/), 2017-05-01: "The Manmade Fibers segment of the Swiss Oerlikon Group is entering into a strategic partnership with the Italian company Teknoweb Materials s.r.l."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.