Danish-Based Fibertex Personal Care Group Upgrades Asheboro, North Carolina Plant
09/09/2020
In addition two production lines will be added in Malaysia, with both lines expected to be running in the second half of 2021. The company will invest more than $39 million in the upgrades.
“Both of our business areas, nonwovens and print on nonwovens, are experiencing an increase in demand for specialty products and services. We have a strong position in these markets due to our portfolio. Combined with a steady growth in the Asian market, rising demand for print in the American market, and a changed market dynamic caused by COVID-19 makes the timing of the expansions just right,” explains Group CEO Mikael Staal Axelsen, Fibertex Personal Care.
“In the US, Fibertex Personal Care experiences an increased demand for print on nonwovens. The company was first on the market to offer print directly on lightweight nonwovens for the hygiene industry, and has continuously established print lines in Germany, Malaysia, and recently in the US. Today, Fibertex Personal Care is the global market leader in this field,” company officials said.
“Our focus on offering the customers a broad selection of speciality products and services continues to be a high priority for our business, and as the leading nonwovens manufacturer in Asia, we will continue to invest in increasing capacity at our Malaysian site," said Axelsen.
Fibertex Personal Care is owned by the industrial conglomerate Schouw & Co. President Jens Bjerg Sørensen, Schouw & Co. added, “The ability to make investments in business areas with great potential, at the right time, is something we have worked with for many years. In our experience, continued investments in speciality products, differentiation, and global presence lead to the best results in the long run.”
“Due to increased wealth and growth in the Asian middle-class segment, the market in Asia shows an annual growth rate of approximately 10%, company officials noted. “This is leading to an increased demand for speciality nonwovens for baby diapers, sanitary napkins and adult incontinence care products.”
Project Announcements
Kimberly-Clark Expands Aiken County, South Carolina, Distribution Operations
05/04/2025
Aerowerks Plans Gaffney, South Carolina, Manufacturing Operations
05/04/2025
Sweden-Based Troax Group Plans Portland, Tennessee, Manufacturing Operations
05/04/2025
Kimberly-Clark Corporation Plans Warren, Ohio, Manufacturing Operations
05/04/2025
Denmark-Based Novonesis Expands Salem, Virginia, Production Operations
05/04/2025
Polyvlies USA Expands Winston-Salem, North Carolina, Manufacturing Operations
05/04/2025
Most Read
-
Run a Job Task Analysis
Q4 2024
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
The Location Economics of Advanced Nuclear
Q1 2025
-
Why Workforce Readiness Can’t Wait
Q1 2025
-
Power, Policy, and Site Selection in 2025
Q1 2025
-
Is It Time to Start Planning for Quantum Data Centers?
Q1 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024