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  4. Indorama: Acquisition of German airbag yarn producer UTT

Indorama
Acquisition of German airbag yarn producer UTT

06.03.2019 The chemical company Indorama Ventures Public Co. Ltd. (IVL), Bangkok/Thailand, has completed the acquisition of UTT Beteiligungsgesellschaft mbH, Krumbach/Germany.

© Photo: IVL
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UTT is one of the leading suppliers of airbag fabrics, and has manufacturing sites in Germany and Mexico with a combined capacity to produce around 70 million m² of fabrics. UTT also produces ...
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