By Patrick Raleigh ERJ ON-line news editor
Dortmund, Germany- Dortmund-based plant contractor Uhde GmbH is acquiring Inventa-Fischer, from the Swiss EMS group. The deal, which remains subject to regulatory approval, is to have retrospective effect from 1 Jan, 2004, Uhde has announced.
With branches in Domat/Ems, near Chur, Switzerland, and Berlin, and 160 employees, Inventa-Fischer designs and builds industrial plants for the production of polyester- and polyamide-based fibres and polymers.
Inventa-Fischer proprietary technology, includes processes for the production of PET bottle feedstocks, technical and industrial yarns, textile fibres, filaments and tyre cord, according to Uhde.
The acquisition will enable Uhde to â€œstrategically expand its range of processes in the field of polymers," said Uhde board member Klaus Schneiders, in a 26 May press statement.