FiberVisions Corporation, a subsidiary of Indorama Ventures, headquartered in Bangkok, Thailand, plans to expand capacity with state-of-the-art technology 24,000 tons per annum bicomponent fiber production plant in Covington, Georgia, USA.
Indorama Ventures’ board has approved the new project, which will be the Company’s largest line for producing a new generation bicomponent fibers.
Tom Zaiser, CEO of FiberVisions Corporation, said, “We recognize that changes taking place in the nonwovens, hygiene, and industrial markets are creating the need for new performance attributes from our fibers. This expansion will allow our joint venture with JNC of Japan, ES FiberVisions, to continue delivering differentiated bicomponent fibers that our customers need in order to be successful in their own businesses. With this investment in Covington, we will provide new capabilities to our customers, particularly in the Carded, Air Laid, and Air Lay markets. As a pioneer of the bicomponent fiber, this expansion will enable ES FiberVisions to remain the leading supplier in the world.”
The new production facility will have four bicomponent lines to serve the Americas and Europe that represents one piece of an expansion plan for its bicomponent fiber growth worldwide.
Indorama Ventures and ES FiberVisions (ESFV), a joint venture between FiberVisions LLC (a subsidiary of Thailand’s Indorama Ventures PCL) along with Japan’s JNC Corporation, are jointly moving in successful expanding bicomponent fiber growth on a global scale with the addition of a new production facility in Rayong, Thailand in 2017.
Another facility scheduled to be completed in Covington in the summer of 2018, followed by the third to over 28,000 tons per year capacity in Jiangsu Province, China in the summer of 2019.
FiberVisions and JNC Corporation, are the world’s largest producers of polyolefin bicomponent fibers with production sites in China, Denmark, Japan, Thailand and the United States.