Barmag, Lohia Starlinger Sign Agreement
Germany-based Barmag, a division of Saurer GmbH & Co. KG, and India-based Lohia Starlinger Ltd., have signed an agreement to cooperate in developing machinery for circular-woven sacks and bags.The companies said the cooperation will create synergies in the processing of complete projects and allow them to provide total solutions to their customers. With the agreement, Barmag enters the circular-woven sack market, in which complete projects are traditionally carried out by a single provider.According to the agreement, Barmag will provide, in designated markets, tape extrusion and takeup expertise, while Lohia will contribute its competence in circular looms.
January/February 2005