“We recognize that changes taking place in the nonwovens, hygiene, and industrial markets are creating the need for new performance attributes from our fibers. This expansion will allow our joint venture with JNC of Japan, ES FiberVisions, to continue delivering differentiated bicomponent fibers that our customers need in order to be successful in their own businesses,” according to Tom Zaiser, CEO of FiberVisions Corporation. “With this investment in Covington, we will provide new capabilities to our customers, particularly in the Carded, Air Laid, and Air Lay markets. As a pioneer of bicomponent fiber, this expansion will enable ES FiberVisions to remain the leading supplier in the world.”
The new line will create a site with four bicomponent lines servicing the Americas and Europe, and represents one piece of an expansion plan promoting the company's bicomponent fiber growth worldwide. Indorama Ventures and ES FiberVisions (ESFV), a joint venture between FiberVisions LLC (a subsidiary of Thailand's Indorama Ventures PCL) and Japan's JNC Corporation, have been successfully expanding bicomponent fiber growth on a global scale. Key projects include ES FiberVisions' opening of a new production facility in Rayong, Thailand in 2017; FiberVisions Corporation's debottlenecking of its existing bicomponent fiber lines in Covington in the summer of 2018; and the previously announced investment to double the capacity of ES FiberVisions Suzhou Co., Ltd plant to over 28,000 tons per year capacity in Jiangsu Province, China.
Through the ES FiberVisions joint venture between FiberVisions and JNC Corporation, the two partners are the world’s largest producers of polyolefin bicomponent fibers and have the broadest geographic coverage of any producer with production sites in China, Denmark, Japan, Thailand and the U.S.