The approved investments will be in the form of equipment that will affect all of the processes â€” polycondensation, spinning and textile processing â€” at the Guben site where Trevira produces filament specialties for the textile industry. A total sum of approx. 7.5 million euros is scheduled to be invested. These investments will generate additional quantitative growth and optimize processes and procedures at Treviraâ€™s site in Guben where flat and texturized filament yarns are produced for automotive interiors, technical textiles, apparel, and home textiles.
CEO Klaus Holz said,â€œThese investments are an extremely important signal.â€He also added,â€œThey are a reiteration of the long-term commitment of our parent company IVL to Trevira GmbH.â€
Head of the Filament BU, Edo Lieven said that, â€œWe are very excited about the investments in the new equipment.â€ He also quoted that,â€œ The Guben site and the Filament BU will be strengthened by these projects.â€
Trevira GmbHâ€™s owner Indorama Ventures has approved various large projects at the Guben site, which will be of enormous importance for the entire company.
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