Media reports have Berry Global Group Inc. now considering the sale of the company's nonwovens business.
The business line makes plastic fabrics used in wide range of projects, including diapers, wipes, health care protection and construction materials.
Berry, when reached Aug. 11, had this to say: "We are not able to provide further information as Berry does not comment on speculation."
Bloomberg, citing "people with knowledge of the matter," is reporting the company is speaking with potential advisers about the future of the unit within Berry's Health, Hygiene and Specialties division.
Berry made a big push into the nonwovens business with the 2015 acquisition of Avintiv Inc., then the world's largest nonwovens manufacturer, from investment firm Blackstone Group.
A potential sale could be for as much as $2 billion, Bloomberg reported.
The report comes shortly after Berry said it is closing 20 plants to trim costs.