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Trevira re-emerges after securing financial backing

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Bobingen ? Troubled fibre firm Trevira will
officially relaunch this week after the new owners secured the required funding
from several of the region?s financial institutions.

Insolvency administrator Werner Schneider
said the state government of Bavaria had now
guaranteed new equity finance from banks in Bavaria,
while banks in the state of Brandenburg
were also expected to be involved.

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