Speciality cellulosic fibres maker Acordis is to link its Tencel and Acordis viscose staple fibres operations. The new business will be headed by Tencel's CEO, Mark Lejman.

The company says that important synergies between the two Acordis companies and the introduction of new product variants in the coming months are expected to establish the new cellulosics grouping as a leading player in both textiles and nonwovens. The focus will be on value-added cellulosic fibres through investment in research and technology in both fibre production and downstream processing.

"The two businesses are extremely complementary and can benefit from each other's strengths," commented Mark Lejman. "We see Tencel as a performance enhancing fibre and our aim is to enable the trade to make more competitive, profitable fabrics."

The announcement to merge the two fibre operations follows last week's EC ruling to block the acquisition of Austrian manmade fibre producer Lenzing AG by Acordis shareholder CVC Capital Partners. According to the Commission, there were a number of markets where the merger of Lenzing with the relevant fibre operations of Acordis would raise serious concerns.


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