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18-Oct-2001 - The European Commission has decided to withhold giving its consent to the planned acquisition of Lenzing AG by CVC Capital Partners (CVC) which owns 64% of the Acordis shares. Subsequently, the formation of a new fibres company (''NewCo'') within the CVC-group and the transfer of several Acordis ...
23-Aug-2001 - Acordis has sold its Fine Chemicals business unit in Leek, UK, to Tessenderlo Group of Brussels, Belgium. Financial details of the transaction were not disclosed. The Fine Chemicals business in Leek produces a range of specialities for use by manufacturers and formulators, which are sold into a ...
06-Apr-2001 - Acordis Cellulosic Fibers Inc has announced the closure of its viscose staple fibre plant in Mobile, USA. This will involve job losses affecting all of the 324 employees. The US textile industry, the principal market for Mobile's products, continues to decline having shrunk by 50% in the ...
16-Feb-2001 - ollowing the announcement of the formation of a new fibres company (“NewCo”) within the CVC-group, which owns 64% of Acordis shares, Acordis today announced the proposed transfer of several of its businesses to NewCo. The formation of NewCo by CVC Capital Partners (“CVC”) was announced ...
15-Feb-2001 - Acordis Cellulosic Fibres has announced that it proposes to cease production of Viscose Staple fibre at its plant in Grimsby, UK, and to concentrate its European manufacturing activities in Kelheim, Germany. The Grimsby plant produces approximately 25,000 tonnes of fibre per annum. The ...
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