Nonwovens Markets Feature- May 21, 2018

Indorama buying controlling share of Avgol in raw material maker’s first major move into nonwovens

• In a move that surprised many nonwovens market observers, Bangkok-based raw materials supplier Indorama Ventures announced yesterday it had signed a deal to acquire 65.72% of outstanding shares of Avgol Industries 1953 Ltd. in a $314 million deal expected to close during the second half of this year....  Read More