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Title
Polyfelt geotextile producer up for sale.
Abstract
This article reports on the strategic divestment plan of the Austrian oil and gas group OMV of its subsidiary Polyfelt GmbH, the world's largest manufacturer of geotextiles. This Euro 11 million investment will increase capacity for geotextiles and further develop the company's technology. After the commissioning of the new plant, global Polyfelt production capacity will reach 40,000 tons/year.