Performance Fibers Builds Tire Fabric Base in Guangdong
2017-2-9 17:38:29Editor：AmandaFont Size：Big Medium Small
The ribbon-cutting ceremony for capacity expansion of Performance Fibers (Kaiping) Co. Ltd. was held lately in Jiangmen, Guangdong province.
With an overall investment of 500 million yuan, the project is to adopt the world’s leading technology and equipment to produce industrial yarns with high added-value and the annual capacity is expected to reach 30,000 tons.
The new production lines will be partially operated in Sept. and completely operated at the beginning of 2018.
By then, Performance Fibers’s annual capacity will reach 100,000 tons and become the country’s largest tire fabric producer.
Indorama Ventures purchased Performance Fibers in 2015 and its investment in Kaiping has exceeded 600 million U.S. dollars.
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