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Mitsui to Build Production Capacity for Spunbonded Fabrics in China
12:57 AM MDT | August 26, 2011 | Deepti Ramesh
Mitsui Chemicals says it will form a new company for the production and sale of spunbonded fabrics at Tianjin, China, in response to increased demand resulting from a growing disposable diapers market in China. The new company, tentatively dubbed Tianjin Mitsui Chemicals Nonwovens, will be established in December 2011, and it will produce 15,000 m.t./year of spunbonded fabrics. The project will involve an investment of about ¥5 billion ($65 million), and production is expected to begin in September 2013, Mitsui says. Mitsui announced in November 2010, that it...
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