Lenzing exits facemask joint venture

Lenzing exits facemask joint venture
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
+65 315 904 24

05.04.2021

MOSCOW (MRC) -- Austrian company Lenzing is transferring its shareholding in the Hygiene Austria facemask joint venture to partner Palmers Textil, said the company. The JV was set up quickly in April 2020 amid the sudden shortages of facemasks and other personal protective equipment as the first wave of the coronavirus pandemic struck. Regarding financial terms, for the time being Lenzing

Full article at mrcplast.com

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