29 August 2003 16:27 [Source: ICIS news]
LONDON (CNI)--UK polymer technology group British Vita said Friday its Vita Nonwovens division has invested $6m (Euro5.5m) in a new US production facility.
Located near Fort Wayne International Airport, Indiana, the plant will manufacture technical and specialty nonwovens for air filtration, automotive, industrial, furniture and bedding markets, said British Vita.
The decision to invest in a new plant resulted from market share gains and the continued success of a wide range of Vita Nonwovens’ products, British Vita added.
Alan Ball, chief executive of Vita Nonwovens’ US operations, said in a statement: “'We are excited by this latest development in the US, which is an increasingly important market for Vita Nonwovens. Our new facility increases capacity and gives us improved geographical presence to meet the needs of our customers. We are currently configuring our new facility for production to begin by the end of this year.”
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections