Russia’s Nonwovens Market on the Verge of Big Changes
Acquisitions and mergers. It seems like you hear about a new one every day and sometimes it appears to be coming from out of left field. Even Russia has their share of acquisitions and the latest shakeup comes from NKK, one of the largest petrochemical producers in the world, and their upcoming acquisition of Polymatiz, a nonwoven producer. There looks to be growth potential in nonwovens for the Russian region and NKK is positioning itself to take advantage of that growth.
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