# Oerlikon Neumag and Teknoweb Materials form strategic partnership for nonwovens

Oerlikon Neumag and Teknoweb Materials agreed to establish a jointly-owned company to extend the nonwovens production systems portfolio into the disposable nonwovens market. The agreement was announced on April 4, 2017 at the Index trade fair in Geneva.

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

## Companies

- [Teknoweb Materials](https://endata.com/companies/23326.md) (partner)
- [Oerlikon Neumag](https://endata.com/companies/23329.md) (partner)

## Sources

- [barmag.com](https://www.barmag.com/en/about-us/news/oerlikon-neumag-and-teknoweb-materials-joining-forces-in-the-future/), 2017-04-04: "Our objective was to join forces with a strategic investor with outstanding know-how, excellent technologies and machine and systems solutions."

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