Navigation

Skiplink Navigation

Main Features

Zellweger sets up e-market place

Switzerland's Zellweger Luwa Group is to buy a 20 per cent stake in a global on-line marketplace for yarns and raw materials for the manufacture of synthetic fibres and fabrics.

The platform is being created together with Ariba, a US-based developer of business-to-business (B2B) platforms.

Also taking a stake in the new B2B platform is Switzerland's Gherzi Textil and Germany's Intex Consulting.

The new Internet based marketplace, known as "Textilio.com", will be the first fully integrated on-line trading market for the global textile industry.

Zellweger said it hopes the new marketplace, which will cut the cost of access to international markets and increase market transparency, will be trading by January 2001.

The site should help industrial players reduce raw material stocks and use available capacities more effectively, and also match traders of textile products and producers.

"Textilio.com" will be headquartered in Pfaffikon, Switzerland, and plans to open subsidiaries in Asia, South America and the United States.

Zellweger is a diversified machinery, engineering and industrial group based in Uster in canton Zurich.

swissinfo with agencies


Links

Neuer Inhalt

Horizontal Line


swissinfo EN

Teaser Join us on Facebook!

Join us on Facebook!

subscription form

Form for signing up for free newsletter.

Sign up for our free newsletters and get the top stories delivered to your inbox.








Click here to see more newsletters