Thailand: Indorama Ventures to acquire German airbag maker UTT

Thailand: Indorama Ventures to acquire German airbag maker UTT

Image from pixabay.

Bangkok-based petrochemical producer Indorama Ventures Pcl (IVL) has entered into an agreement to acquire airbag yarns and technical textiles supplier UTT Beteiligungsgesellschaft mbH. Financial terms of the deal were not disclosed.

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