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Official Xuan: Fibertex nonwoven fabric continues to invest in Europe
Fibertex non-woven fabric continues its powerful investment strategy, investing 50 million US dollars in the Czech Republic and Turkey. This Danish company announced in March this year that it will invest similarly to its business in South Carolina, USA.
Fibertex
"In recent years, the demand for our nonwoven fabric has increased significantly. In particular, more professional applications and high-performance materials, industrial products, professional acoustic products, industrial uses of industrial products, etc.
The Fibertex CEO J爀最攀渀 Bech Madsen explained: "In the past decade, our business development and research activities have been in the leading position in Europe and the United States, which is the direct investment of more than 600 million Danish Krando. the reason."
He added that new crown pneumonia has caused explosive growth in the demand of hygiene products such as disinfection wipes.
The ability of fiber nonwoven fabric with a relatively low cost of special products with unique performance is increasingly recognized by the market.
Most of this investment will be used to build a new waterstick production line in the Eastern Svitavy of the Czech Republic:
"We have a lean and high-tech production structure, which clearly pays attention to innovation, and the new production line is to meet the huge demand for disinfection wipes in the medical industry.
This demand is even more increasing before the coronavirus is popular, but we expect to increase further in the next few years.
With this new investment, we will be able to provide new and sustainable product performance, which will help meet future needs of this area.
At the same time, we are releasing the capacity of several other European plants to explore new opportunities in the manufacture of acoustic products and filter products in the automotive industry. "