One of the world’s largest suppliers of polyester, Auriga Polymers Inc., a wholly-owned subsidiary of Indorama Ventures Public Company Limited, will invest more than $35 million to expand its existing operations at 1550 Dewberry Road in Spartanburg, South Carolina.
This investment will include the installation of an extruder system and other production efficiencies. It will add 15,000 tons of extrusion-based fiber spinning capacity to the Auriga Polymers manufacturing site in Spartanburg. With this new expansion, Auriga Polymers will be able to produce fibers based on environmentally-friendly polymers such as PLA as well as specialty polyester and post-consumer recycled polymers.
“I am excited that Indorama Ventures is confident in our company and continues to invest in the operations and the people of South Carolina. This investment further enhances our ability to support our customers and markets with high value added products while continuing to provide employment for 450 families,” said Auriga Polymers Inc. VP of Operations Mark Holden.
The plant produces polyester fibers, resins, and specialty polymers currently used in bottles, trays, sheets, film and textile applications. The site is also home to the Global Research and Development facilities for Indorama Ventures PLC. Bottles made from Auriga’s resins are used for carbonated soft drinks, water, beer, juice, wine and food.
“Indorama Ventures is constantly evolving its portfolio and technologies to help our customers grow. This added capacity increases Auriga’s position to support our customers who are seeing growing demand for specialty materials in all sectors of the nonwovens marketplace. Through the co-location of specialty PET polymers and staple fiber production at our Auriga Polymers Spartanburg site, we are uniquely positioned to tailor our fiber portfolio to our customers’ requirements. Auriga’s staple fibers have been setting a high standard in the US marketplace for many years, and we are very excited about the many possibilities we will be able to offer to our customers in the future,” said Auriga Polymers Inc. VP of Polymers and Fibers Tom Brekovsky.
“Spartanburg County is pleased to work with Auriga Polymers on this latest expansion as it ensures they remain a global leader in the advanced materials industry. This investment of $35 million will not only increase their production capacity it also represents an investment in new state of the art machinery and equipment. We are pleased Auriga Polymers has chosen Spartanburg for this investment and we thank the over 400 existing associates for their dedication and hard work,” David Britt, Chairman of the Economic Recruitment and Development Committee of Spartanburg County and Member of the Economic Futures Group Board said.