Klaus Holz Confirmed As Trevira CEO

BOBINGEN, Germany — May 2, 2016 — Trevira opts for continuity, in personnel as well. The owners of the polyester specialist and CEO Klaus Holz have concluded an early agreement to continue working together. Due to run out at the end of 2016, the CEO contract has now already been extended until the end of 2019.

Holz joined Trevira in 2001 as Head of Human Resources, a position he held until the end of 2010. At the start of 2011 he took over the function of managing director and played an instrumental part in preparing the change to the current owners of the company: Indorama Ventures PCL and Sinterama S.p.A.. He has been sole CEO of Trevira GmbH since June 2013.

Five years have now passed since the change in ownership and this period has witnessed the development of close and confident cooperation with the majority owners Indorama Ventures and the sister companies. This is evident also in joint appearances at trade fairs such as Techtextil in Frankfurt or currently at IDEA in Boston. For Indorama Ventures Trevira constitutes a long-term investment.

Mr. Uday Gill, president of the fibres and yarns division of Indorama Ventures said, “I am very pleased to have Klaus Holz continue as CEO who has done very well to shape Trevira GmbH and will continue to lead the company on the next phase of its journey. As a leading and internationally recognised trademark in the polyester business, Trevira has been an important part of IVL’s high value-added business with its specialties an important and strategic addition to our product portfolio. We aim to grow the Trevira trademark further and continue the expansion of its global business“.

Posted May 2, 2016

Source: Trevira GmbH