Bobingen,

Change in Trevira Management

Klaus Holz to take over leadership as CEO of Trevira from Robert Gregan

Robert Gregan, who was associated with Trevira as CEO for a two year contract following consultancy support during takeover process, has decided to leave Trevira on completion of his contract as on 30.06.2013 and revert to his consulting work at his own request and for personal reasons.

Under his leadership a series of comprehensive restructuring and strategic projects including reducing the number of sites have been completed successfully. The two strategic business units Staple SBU at Bobingen under the leadership of Hartmann Huth and Filament SBU at Guben under the leadership of Edo Lieven have been created with a clear focus on individual SBUs.

Klaus Holz will replace Mr Gregan as CEO Trevira Gmbh with effect from 1st of July 2013. Mr. Holz has been part of the Trevira leadership team for over 10 years and held key positions including most recent as Co-MD along with Mr Gregan.

Trevira management recognises the contribution of Mr Gregan and his team over the last two years and wishes him success in his future endeavours.

About Trevira GmbH

Trevira GmbH is an innovative European manufacturer of high value branded polyester fibres and filament yarns for the home textiles, automotive and apparel industries and for hygiene and technical applications. A workforce of around 1140 is employed at two productions sites and a sales centre in Germany, supported by an international marketing and sales organisation. The company achieved turnover of some 232 million euros in 2012. Company headquarters are in Bobingen, near Augsburg.
Trevira is a subsidiary of Trevira Holdings GmbH, a joint venture by Indorama Ventures PCL and Sinterama S.p.A.