- 25 October 2007 -

Argentina joint venture for fibres

Argentinean companies Tel Rad Cuyo S.A (TRC) and Freudenberg Telas Sin Tejer SA, a subsidiary of Freudenberg Nonwovens, Weinheim/Germany, have launched a joint venture company called Bicomfiber SA to produce different types of bi-component fibres for multiple purposes and applications.

TRC, the main shareholder of the new company, is a producer of polypropylene fibre for the hygiene market in Latin America. "We are proud of the new venture which enlarges our involvement within the market in Latin America," says Guillermo Kraves, president of TRC.

"With this new joint-venture we will be able to offer a complete package of different materials for the markets where we are presently active, being better prepared for the new challenges to come," added Juan Carlos Borchardt, president of Freudenberg Nonwovens Latin America. Bicomfiber will be headquartered near Buenos Aires, Argentina, with an annual capacity exceeding 10,000 tons.

www.nonwovens-group.com

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