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Snippets
Reliance eyes construction industry for boosting fibre
sales
Reliance Industries is targetting the construction industry to increase the
revenue of the fibres marketing division of the company. Head of business development
(Recron 3s) of Reliance Industries, Mr M K Goyal, said that the construction
industry in India, valued at Rs 2,50,000 crore, was huge potential for Reliance
to market Recron 3s modified polyester manufactured as a petrochemicals derivative
at the companys Patalganga plant in Maharashtra.
He said that Recron 3s was gaining acceptance as a fibre reinforced concrete,
used in all kinds of construction work, particularly in seismic zones for making
them more resistant to earthquakes. To popularise Recron 3s, Reliance is also
organising conferences and mason educational meets in collaboration with Construction
Industry Development Council (CIDC), which is functioning under the ministry
of planning.
Tredegar Film Products acquires manufacturer in China
Tredegar Film Products Corporation, a subsidiary of Tredegar Corporation, announced
that it has purchased Shanghai Yaheng Perforated Film Material Co, a manufacturer
of apertured nonwovens used primarily in personal care markets. Yaheng is based
in Shanghai, China. Mr Thomas G Cochran, president of Tredegar Film Products,
said, Yaheng expands our technology base and product line in apertured
nonwovens for feminine hygiene products and other potential applications in
personal and household care markets. This acquisition is another demonstration
of Tredegars commitment to profitable growth in China and other emerging
markets. Yaheng is Tredegars third manufacturing site in China.
The company has another plant in Shanghai and one in Guangzhou.
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