Chemical Week Magazine :: Business & Finance :: Asia/Pacific
Mitsui to Build Capacity for Spunbonded Fabrics in China
10:03 AM MDT | September 9, 2011 | â€”DEEPTI RAMESH
Mitsui Chemicals says it will form a company at Tianjin, China for the production and sale of spunbonded fabrics, in response to increased demand for disposable diapers in China. The new company, tentatively named Tianjin Mitsui Chemicals Nonwovens, will be established this December and it will produce 15,000 m.t./year of spunbonded fabrics. The project involves an investment of about Â¥5 billion ($65 million) and production is expected to begin in September 2013, Mitsui says.The decision follows Mitsuiâ€™s announcement last November that it would expand...
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