06.08.17
Fiberweb India has announced it will double its spunbond capacity from 7500 metric tons to 15000 metric tons and add 2000 tons to its current meltblown ouput in response to strong demand, particularly from its U.S.-based customers. The company announced the investment during its full year and fourth quarter earnings release in May, also reporting that its full year sales increased 159% to about $10.2 million.
In addition to expanding its output, Fiberweb India has been improving the quality of its current capacity to offer more value-added products, says Pravin Sheth, managing director.
"We are working toward enhancing our existing capacity to cater to the increasing demand that is coming for our new value-added products across geographies and from our repeat and loyal long standing customers as well as new customers," he said. We will continue to do more hard work to add more and more such value added products that will not only bring us growth but only increase our profit margins."
In addition to expanding its output, Fiberweb India has been improving the quality of its current capacity to offer more value-added products, says Pravin Sheth, managing director.
"We are working toward enhancing our existing capacity to cater to the increasing demand that is coming for our new value-added products across geographies and from our repeat and loyal long standing customers as well as new customers," he said. We will continue to do more hard work to add more and more such value added products that will not only bring us growth but only increase our profit margins."
