The investment and development of non-woven in China
|Release time:2013-02-28 Source:admin Reads:|
Due to the Chinese non-woven industry wait significant investments to come on stream, market watchdogs are eager to see how an unprecedented number of new and sophisticated spunbond lines will reshape the market. These investments, being made by local and international companies, alike are considered a must for anyone who wants to do business in China. And this would also affect the woven labels makers in China. The investment also has an effect on woven labels industry.
Among the many new lines coming onstream is the First Quality investment in Wuxi, Avgol’s third line in Hubei (which will bring the company’s Chinese capacity to 40,000 tons), Toray Saehan’s two lines, which will bring the company’s total Chinese output to 58,000 tons on three lines, and the Jofo Group’s 30,000 ton line in Weifang. These investments join a number of other lines already operational that have transformed the Chinese non-woven, including the woven fabrics & woven labels market into a major global force, ready to serve a population that is hungry for disposable goods. This hunger is evident in the rapid rate of foreign investment on the end use side of the business. In 2012, alone, at least four major diaper plants have been established or are in the process of being built.
Also looking to capitalize on this growth is P&G, the maker of Pampers and Luvs diapers, which has started stage one of a three-stage investment in Luogang, Guangzhou, China, that will ultimately be one of the largest manufacturing sites in Asia. The first stage of the plant will reportedly make a number of consumer goods, including Pampers, and is part of the company’s goal of investing as much as $1 billion in China by 2015. The plant is expected to add as much as $490 million worth of production value to the Cincinnati, OH-based company annually. The growth would also effect the woven labels makers which in woven fabric lines.