# Indorama Ventures approves €7.5M investment at Trevira Guben site

Trevira GmbH's owner Indorama Ventures approved approximately €7.5 million in investments for new equipment at the Guben site, affecting polycondensation, spinning and textile processing to produce filament specialties.

- Type: Investment
- Announced: 2018-05-09
- Where: Guben, Germany, Germany
- Value: $8.90M (7.50M EUR)
- Status: announced
- Products: flat and texturized filament yarns
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Trevira Holdings](https://endata.com/companies/23828.md)
- [Indorama Ventures](https://endata.com/companies/3457.md) (investor)

## Sources

- [textileworld.com](https://www.textileworld.com/textile-world/fiber-world/2018/05/trevira-large-projects-approved-for-the-guben-site/), 2018-05-09: "These investments are an extremely important signal."
- [textile-network.com](https://textile-network.com/en/Technische-Textilien/Fasern-Garne/Grossprojekte-am-Standort-Guben), 2018-06-06: "These investments are an extremely important signal. They are a reiteration of the long-term commitment of our parent company IVL to Trevira GmbH."

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