Avgol raises cash with IPO

Kovac, Matt
January 2007
ICIS Chemical Business;1/29/2007, Vol. 2 Issue 51, p16
Trade Publication
The article announces the decision of Avgol Nonwoven Industries to raise its initial public offering and bond issues on the Tel Aviv Stock Exchange in Israel. The company is a global manufacturer and supplier of non-woven fabrics, had a market capitalisation of $170 million after heavy share trading. Avgol is building a new facility at an unrevealed location in eastern Europe, which will serve the emerging markets in eastern Europe, Russia, Ukraine and central Asian states.


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