Fiberweb acquires control of Terrain India

摘要

Fiberweb has announced that contracts have been signed for Fiberweb Geosynthetics to invest Rs 2 million to increase its stake from 26% to 65% in its existing geotextiles joint venture in Gujarat, India. Terram India, based in a duty-free zone near Mundra; fully commissioned its manufacturing operation during 2012, utilizing a Terram geotextile spunbond line relocated from Fiberweb's Terram operation in the UK.