# Indorama Ventures invests EUR 7.5M in Trevira Guben filament site

Indorama Ventures (IVL) approved a EUR 7.5 million investment package for Trevira's Guben site, including a new POY spinning machine and three more planned, to be finalized by end of June 2020.

- Type: Investment
- Announced: 2019-12-12
- Where: Guben, Germany
- Value: $8.40M (7.50M EUR)
- Starts operating: Jun 2020
- Status: under construction
- Products: POY (partially oriented yarn), flat and texturised 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

- [texdata.com](https://www.texdata.com/news/Yarn&Fiber/12825.html), 2019-12-12: "The total investment package of EUR 7.5m for Trevira’s filament production site at Guben will be put in place and finalised by the end of June 2020."

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