IFG acquires Exelto to expand its PP production line

The Swedish Bronsstädet Group, International Fibres Group (IFG) has increased its annual capacity of Polypropylene staple fibre to around 130,000 tons and PP filament to 10,000 tons with the acquisition of Exelto NV, a Belgian-based polypropylene staple fibre producer.

It is the largest supplier of coloured polypropylene staple fibre to the European market and also the largest supplier of coloured polypropylene to the US automotive market.
IFG’s acquisition of Exelto is part of its long term strategy for profitable growth and the company plans to use its position as the technical leader in polypropylene fibre production to build on Exelto’s highly efficient lass fibre production lines.
IFG also consists of the UK’s Drake Extrusion Ltd., and Austria’s Asota, along with Drake Extrusion Inc. in the US. In the floor coverings industry its fibres are used extensively in tufted and woven products as well as needle punched nonwovens, as wall as in automotive, concrete, textiles and home furnishing products.

Recent Posts

LYCRA showcases renewable fiber innovations

The LYCRA Company is presenting a range of new fibre technologies, focusing on performance, comfort and the use of recycled…

12 hours ago

DITF explores converting wind turbine blades into textile fibers

The German Institutes of Textile and Fiber Research Denkendorf is exploring how retired wind turbine blades could be turned into…

12 hours ago

Corn, beeswax-based textile treatment to offer PFAS finishes alternative

University of Texas has developed a textile treatment made from corn-derived protein and beeswax to help fabrics resist water and…

12 hours ago

Researchers develop selective recycling process for polyester blends

Researchers have developed a recycling process to break down polyester in blended textiles while preserving cotton and spandex present in…

1 day ago

Aalto researchers remove dye from cotton for recycling

Researchers have developed a two-step process that can remove up to 99.3% of colour from reactive-dyed cotton while keeping most…

1 day ago

Indorama Ventures partners to launch biodegradable wash mitt

Schülke, Nitto, Indorama Ventures and Polymateria have launched a new biodegradable disposable wash mitt in Germany, Switzerland, Austria and Spain.

1 day ago