Unitika to exit textiles business, seeks buyer for nonwovens and fiber units

Unitika announced plans to withdraw from the textile business and find buyers for its nonwovens and fiber units, which generate about 40% of revenues, due to Chinese competition and financial losses.

“Unitika has announced plans to withdraw from the textile business and find buyers for its nonwovens and fiber units.”nonwovens-industry.com

• 2 sources
• nonwovens-industry.comUnitika Seeking Buyer for Nonwovens Business - Nonwovens IndustryBy: Karen McIntyre EditorDec 27, 2024
• nonwovens-industry.comWeekly Recap: Intercare Forms Alliance with K-C, Unitika Seeking Buyer for Nonwovens Business & More - Nonwovens IndustrySaveJan 5, 2025

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