Freudenberg, TRC Launch Bicomfiber Joint Venture
Two Argentina-based companies, Freudenberg Telas Sin Tejer S.A. — a subsidiary of Germany-based Freudenberg Nonwovens — and Tel Rad Cuyo (TRC) S.A., have entered into an agreement to launch Bicomfiber S.A., a joint venture for bicomponent fiber production. The new plant, to be located near Buenos Aires, will have an annual capacity of more than 10,000 tons.
TRC, a leading producer of polypropylene fibers for the hygiene market in Latin America, is the main shareholder in the joint venture. “We are proud of the new venture, which enlarges our involvement within the market in Latin America,” said Guillermo Kraves, president, TRC.
“With this new 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,” said Juan Carlos Borchardt, president, Freudenberg Nonwovens Latin America. September/October 2007