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Indian technical textiles firm, Neo corp inc acquires Euro Plast

Written By Views maker on June 27, 2008 | 6/27/2008

More then two decades of reliable catering to the requirement of FIBC's, container liner, leno bag, geo textile, ground cover, shade nets, hale nets, wind breakers and constructive cover from fully integrated, clean room 30000 square meter manufacturing facility.

Neo successfully launched the value added product i.e. Flexible Intermediate Bulk Containers (FIBC), and Raschel Bags in the year 1996 and was also successful in penetrating Overseas Market for the FIBC and Raschel Bags.

Indian company Neo Corp International has acquired UK's Euro Plast Euro Plast, a technical textile marketing company which has extensive business in UK, France and Germany, has an annual turnover of about $10-15m. The Indian technical textile market is worth $3bn, growing at a rate of 26 per cent/year. Neo is currently manufactures products including container liners, geo textiles, ground covers, shade nets and wind breakers

1 comments:

S K G Rao, C Text ATI. said...

Dear Mylasamy,
Request permission to copy the acquisition by Neo Corp Inc of Ero Plast in my blog.
Thanks.