Indorama acquires remaining 25% of Trevira from Sinterama

Indorama Ventures has signed an agreement to buy the remaining 25% of Trevira Holdings from Italian partner Sinterama, gaining full control of the German polyester fiber and filament producer. The deal is expected to close by the end of April 2017.

“L’operazione sarà completata entro il mese di aprile dalla consociata europea Indorama Netherlands BV.”polyestertime.com

• 3 sources
• polyestertime.com25% of Trevira owned by Sinterama has been bought by Indorama (Italian Language Only) - Trevira Sinterama Indorama •Apr 26, 2017
• textination.deFrom the Sector – TextinationApr 27, 2017
• polyestertime.comIndorama Ventures acquires fibre manufacturer Trevira - Indorama Ventures Trevira • PolyestertimeMay 9, 2017

Summarized from public sources; check the original articles before acting on it.