MAS Holdings invests in HeiQ AeoniQ for sustainable yarn

MAS Holdings secured a stake in HeiQ AeoniQ GmbH and signed a 5-year offtake agreement for 3,000 tons of HeiQ AeoniQ yarn in 2025 and 5,000 tons per year from 2026 to 2029, valued at US$100 million.

“With the closing of this deal, HeiQ and MAS agreed to a 5-year Offtake Agreement for 3,000 tons of HeiQ AeoniQ™ yarn in 2025 and 5,000 tons per year from 2026 to 2029, valued by HeiQ in the aggregate to US$ 100 million.”prnewswire.co.uk

• 3 sources
• prnewswire.co.ukMAS Holdings invests in HeiQ AeoniQ™: a sustainable alternative to syntheticsMAS Holdings, HeiQJul 6, 2023
• newswire.caMAS Holdings invests in HeiQ AeoniQ™: a sustainable alternative to syntheticsMAS HoldingsJul 6, 2023
• specialtyfabricsreview.comMAS Holdings invests in HeiQ AeoniQ - Specialty Fabrics ReviewATAJul 10, 2023

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