NetComposites
Airtech

Arvind Enters Into a Joint Venture With Polser

07 February 2019

Turkish Composites Manufacturers Association announces that Arvind and Polser has entered into a joint venture and will produce flat and corrugated fibreglass sheets together, 60 percent of the new partnership will be owned by Indian Arvind and the rest will belong to Turkish company Polser.

Ashish Kumar, Arvind Materials' CEO, stated that the Arvind brand in garment industry has grown rapidly in the industrial sector and has taken an important step with the Turkish company Polser in the field of developing modern house construction. In the statement he gave to the Indian Press, stating that the new partnership will start production in the recent time, Kumar said, "the manufacturing plant will be set up at Ahmedabad, India. We are aiming to reach revenue of several hundred million dollars in 10 years.”

Turkish Composites Manufacturers Association hope that the partnership is beneficial to Polser, its sector and its country.





Share this story


Related / You might like...

Covestro at JEC World 2019

Covestro says it has been committed to developing material solutions for composites for several years and is now a leading provider. The broad portfolio ranges from polycarbonate and polyurethane (PU) products to film formers for fibre sizings.

Tecniplas Projects 10% Growth in 2019

Brazilian reference in the manufacture of composites tanks and special equipment, Tecniplas predicts a growth of 10% in its sales in 2019.

METYX USA Boosts Technical Textiles Production Capacity

In response to growing market demand, METYX USA is boosting production of its range of high-performance technical textiles in its factory in Gastonia, North Carolina, US which recently gained ISO 9001:2015 QMS accreditation.