TenCate strengthens position in Asian geosynthetics markets

11/15/2010, 8:01 AM (Source: GlobeNewswire)
TenCate has entered into an agreement to purchase the geosynthetics activities
of Emas Kiara Industries Berhad, a publicly listed company based in Rawang,
Malaysia. This transaction will provide TenCate Geosynthetics with a
significantly larger position in the supply of geosynthetics solutions to the
Southeast Asian markets.  The purchase is expected to be finalized in early
2011.

Emas Kiara Industries is an important full-line producer and supplier of a wide
range of geosynthetic products and solutions with primary focus on the Asian
markets. This addition of the Emas Kiara production capabilities, employees, and
product brands will significantly strengthen the position of TenCate
Geosynthetics activities in this rapidly growing region of the world. In
combination with the existing production activities of TenCate Geosynthetics in
Malaysia and China, and the existing pan-Asian market activities, TenCate will
clearly have a leading market position in this region. As a result of this
transaction, TenCate doubles the revenue of geosynthetics in this region.

Wally Moore, Global Group Director at TenCate Geosynthetics: "Emas Kiara
Industries has done an excellent job of developing their geosynthetic activities
in Asia, and we are pleased to combine our efforts to provide unmatched
capabilities and solutions to this important market. This strengthening of our
market position is integral part of the Asia strategy of TenCate."

No financial details will be provided with regards to the transaction.

In addition to the continuation of other non-geosynthetic related business, Emas
Kiara Industries will maintain their construction and installation activities
with exclusive product supply support from TenCate Geosynthetics.


Royal Ten Cate
Almelo, the Netherlands, Monday 15 November 2010


For further information:

Drs. F.R. Spaan, director investor relations & corporate development
Telephone     : +31 (0)546 544 338
Mobile          : +31 (0)6 12 96 17 24
E-mail           :f.spaan@tencate.com
Internet         :www.tencate.com

TenCate Geosyntheticsdevelops and produces synthetics fabrics, non-wovens and
grids, and designs solutions and systems for infrastructure and civil
engineering. TenCate Geosynthetics has plants in Europe, North America and
Asia.
Royal Ten Cate (TenCate) is a multinational company which combines textile
technology with related chemical processes and material technology in the
development and production of functional materials with distinctive
characteristics. Products of TenCate are sold worldwide.
Systems and materials from TenCate come under four areas of application: safety
& protection, space & aerospace, infrastructure & the environment, and sport &
recreation. TenCate occupies leading positions in protective fabrics, composites
for space and aerospace, antiballistics, geosynthetics and synthetic turf.
TenCate is listed on the NYSE Euronext (AMX).



[HUG#1462398]





Press release as PDF:
http://hugin.info/130798/R/1462398/401388.pdf




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