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Trevira GmbH Trevira GmbH
Trevira GmbH
08.05.2017

Indorama Ventures becomes sole owner of Trevira GmbH

  “Trevira with its renowned brand is an integral part within our specialty portfolio strategy”, explains Mr. Uday Gill, CEO of IVL’s Fibres Business. “We see further growth potential especially in the hygiene and automotive segments, as well as in the high-end home textiles business.”


For Trevira CEO Klaus Holz the takeover of the remaining Sinterama share is just the last consequent step which documents the long-term commitment of the parent company. „For Trevira and its customers and suppliers, this consolidation reflects Indorama Ventures’ commitment to investing in the company and ensuring a continued strong and reliable partnership. IVL has supported us from the very beginning in all our activities and has integrated us in its global network. We cooperate in joint projects and benefit significantly from the synergies within the IVL group. We would like to thank the Sinterama team for their ongoing support in ensuring a seamless transition.“

  “Trevira with its renowned brand is an integral part within our specialty portfolio strategy”, explains Mr. Uday Gill, CEO of IVL’s Fibres Business. “We see further growth potential especially in the hygiene and automotive segments, as well as in the high-end home textiles business.”


For Trevira CEO Klaus Holz the takeover of the remaining Sinterama share is just the last consequent step which documents the long-term commitment of the parent company. „For Trevira and its customers and suppliers, this consolidation reflects Indorama Ventures’ commitment to investing in the company and ensuring a continued strong and reliable partnership. IVL has supported us from the very beginning in all our activities and has integrated us in its global network. We cooperate in joint projects and benefit significantly from the synergies within the IVL group. We would like to thank the Sinterama team for their ongoing support in ensuring a seamless transition.“

More information:
Trevira GmbH Indorama
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Trevira GmbH

Intertextile Shanghai Home Messe Frankfurt
Intertextile Shanghai Home
27.04.2017

August’s Intertextile Shanghai Home Textiles provides opportunities in the rejuvenated Chinese home textiles market

With less than four months to go before Intertextile Shanghai Home Textiles takes place, the domestic market is showing strong signs of rejuvenation. China’s economy has stabilised recently, with 2016 GDP recording a 6.7% increase and reaching USD 10.7 trillion, while the National Bureau of Statistics also stated that the total sales of consumer goods last year rose 10.4% to nearly USD 4.8 trillion. Not only will the estimated 10 million couples getting married every year contribute to the strong demand for home textiles products, but the ascending living standards resulting from increased urbanisation together with the flourishing hospitality industry are also driving forces for the market. Apart from the domestic market, the Chinese home textiles industry is also actively opening up new markets around the world, particularly in the ASEAN region where exports continue to increase.

With less than four months to go before Intertextile Shanghai Home Textiles takes place, the domestic market is showing strong signs of rejuvenation. China’s economy has stabilised recently, with 2016 GDP recording a 6.7% increase and reaching USD 10.7 trillion, while the National Bureau of Statistics also stated that the total sales of consumer goods last year rose 10.4% to nearly USD 4.8 trillion. Not only will the estimated 10 million couples getting married every year contribute to the strong demand for home textiles products, but the ascending living standards resulting from increased urbanisation together with the flourishing hospitality industry are also driving forces for the market. Apart from the domestic market, the Chinese home textiles industry is also actively opening up new markets around the world, particularly in the ASEAN region where exports continue to increase.


Along with the national 13th Five-Year Plan, the home textiles industry has also set its own development plan for the coming five years. Industry leaders, the China National Textile and Apparel Council and the China Home Textile Association, have announced that the home textiles industry is to be modernised by incorporating more innovative, technological and artistic elements. Annual growth of 5.5% and 3.2% for revenue and exports, respectively, are targeted, while automation is to be further promoted to enhance productivity.
Ms Wendy Wen, Senior General Manager of Messe Frankfurt (HK) Ltd added that the prevalent whole-home trend in China will also stimulate the market as a whole. “More and more companies are starting to promote the whole-home concept which emphasises unified styles of decoration throughout the entire home to customers. Compared to demonstrating home textile products separately, showcasing whole-home furnishing is more appealing to Chinese buyers and will encourage sales. The synergy among products, especially those between home textile products and furniture is the emerging trend at present,” said Ms Wen.

Source:

Messe Frankfurt

Intertextile Shanghai Messe Frankfurt
Intertexile Shanghai
20.04.2017

Intertextile Shanghai Home Textiles – Spring Edition 2017 concluded last month with a surge in visitors

Reflecting the enthusiasm of China’s home textiles market, the 2017 Spring Edition of Intertextile Shanghai Home Textiles wrapped up last month with strong increases across the board. This year, the fair hosted 204 exhibitors (2016: 182) from eight countries and regions and attracted 18,596 trade buyers (2016: over 12,080) travelling from 69 countries and regions to source, a 12% and 53% increase respectively. Most exhibitors were offering finished products such as bedding, duvets, pillows and towelling, in-line with the Spring Edition’s focus on these during the peak domestic sourcing season for such products.

Reflecting the enthusiasm of China’s home textiles market, the 2017 Spring Edition of Intertextile Shanghai Home Textiles wrapped up last month with strong increases across the board. This year, the fair hosted 204 exhibitors (2016: 182) from eight countries and regions and attracted 18,596 trade buyers (2016: over 12,080) travelling from 69 countries and regions to source, a 12% and 53% increase respectively. Most exhibitors were offering finished products such as bedding, duvets, pillows and towelling, in-line with the Spring Edition’s focus on these during the peak domestic sourcing season for such products.

Ms Wendy Wen, Senior General Manager of Messe Frankfurt (HK) Ltd commented: “We are pleased with the big increase in visitors attending this year, and believe the fair is now firmly established in the domestic industry’s calendar as a key sourcing event at the beginning of the year following its return last year after a break. The timing of the fair within the domestic sourcing season for finished products as well as the four concurrent textile shows also played a part in this increase, but we are most pleased that this growth has led to satisfactory results for the majority of our domestic and international exhibitors this edition.”

Source:

Messe Frankfurt