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INDA & EDANA sign LOI in Rome to explore strategic nonwovens alliance

26 Sep '24
2 min read
INDA & EDANA sign LOI in Rome to explore strategic nonwovens alliance
(L-R) Murat Dogru, GM, EDANA; Mikael Staal Axelsen, CEO, Fibertex Personal Care, EDANA Board Chair; Mark Thornton, VP, P&G Company, INDA Board Chair; & Tony Fragnito, President & CEO, INDA. Pic: INDA

Insights

  • INDA and EDANA have signed a Letter of Intent in Rome to explore a strategic alliance aimed at enhancing value for members through education, advocacy, and operational synergies.
  • The collaboration seeks to drive innovation and long-term industry growth.
  • Leaders from both organisations expressed optimism about addressing global industry challenges together.

INDA, the Association of the Nonwovens Industry, based in Cary, North Carolina, and EDANA, the Voice of Nonwovens, headquartered in Brussels, Belgium, have announced the signing of a Letter of Intent (LOI) in Rome.

The proposed alliance aims to enhance value for members through expanded educational programs, joint advocacy efforts, and operational synergies. It also seeks to foster innovation and support long-term industry growth. Both organisations will engage in a due diligence process to explore the strategic benefits of the collaboration.

“This Letter of Intent underscores our commitment in exploring how we can better serve the nonwovens community and tackle industry’s evolving challenges,” said Murat Dogru, general manager of EDANA. “Our purpose is to ensure that our members are well-positioned to thrive in a dynamic global environment. Reflecting on the Treaty of Rome signed decades ago, we hope that the signing of this Letter of Intent in Rome will pave the way for even greater achievements.”

INDA president & CEO Tony Fragnito added, “This potential alliance represents an opportunity to combine our strengths while openly engaging on the global issues affecting the industry. Better coordination will enhance our ability to serve the industry and our members while retaining our regionally focused support and representation.”

The evaluation of this potential partnership will take place in the coming months.

Fibre2Fashion News Desk (HU)

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