Location: SEOUL, KOREA
Sales: $123 million
Description: Plant Locations
Gumi, Kyungsang-Bukdo, South Korea; Nantong, Jiangsu Province, China (March 2008)
ISO-9001: 1999; ISO-14001 (environmental certification): 1999; ISO-18001 (operational certification): 1993
Y.K. Lee, president and CEO; Y.K. Kim, senior vice president; Yasuhiko Tanabe, senior vice president; J.N. Kim, president of TPN; W.C. Hwang, director of TPN
Spunbond PP (SS, SSS, SMS, SMMS), PET
Livsen (PP/PET), Airborn (protective apparel). TSI recently launched a new global brand of ""Livsen, essence of your life.""
Hygiene, medical and protective markets, industrial specialties, agricultural, upholstery, filtration, PP/PE bicomponents, geotextiles
With nonwoven roll goods sales in 2007 hitting the $123 million mark, spunbond specialist Toray Saehan, Inc. (TSI) attributes its 7% turnover increase to product mix, rationalization and enhanced productivity. A joint venture company of Toray Industries of Japan and Saehan of Korea, TSI's company-wide revenue reached $772 million last year, with nonwovens representing approximately 16% of this total. The company's sales are split nearly evenly between exports and its domestic (Korean) market.
Approximately two-thirds of its nonwovens business targets hygiene markets. ""Strong demand for hygiene, medical and protective apparel products in the Asian region has increased our presence,"" observed company spokesperson H.B. Lee. He added that robust demand in agricultural and industrial markets created stable growth for the company as well.
From a geographical standpoint, half of TSI's sales target Korea, while the Japanese market represents 17% of sales and other markets make up one-third (or 33%) of TSI’s sales. Worldwide capacity is holding steady at about 54,000 tons annually.
Commenting on the state of the nonwovens industry in Asia, Mr. Lee said that there have been no spunmelt capacity expansions in China in 2007 or 2008 except by its subsidiary TPN (Toray Polytech Nantong), which operates at the company's new $60 million plant near Shanghai. “This investment by TPN will absorb and meet strong demand in THE hygiene and medical markets in China.”
The new state-of-the-art facility, which started commercial production in March, houses a Reifenhauser RF-4, SXMMS 4.2 meter line with a production capacity of 18,000 tons per year. The SMMS products are treated to offer softness and hydrophilicity. “With technical expertise in spunbond nonwovens from TSI Korea, TPN has stabilized the SXMMS line operation. TPN is scheduled to reach full-scale production during the upcoming fourth quarter,” reported Mr. Lee. “Major markets are hygienic and medical applications in China.”
As for its goals for the near future, TPN is underway with plans to install a second multi-beam production line during the fourth quarter of 2010 to meet growing demand in the Chinese market. “Details on the production process will be settled in the near future. This plan is in line with our long-term global operation strategy.” Mr. Lee added that TPN expects to receive final approval at the board of directors’ meeting in the final quarter of 2008.
“TPN will play an important role in delivering valuable products to major clients in China. With continuous expansions in 2010 and 2013, TPN will serve Chinese domestic clients in hygiene and medical segments. Thus, TSI Korea and TPN China will create a great synergy and grow to be a leading supplier of spunbonded nonwovens in Asia.”