2015 Nonwovens Sales: $140 million
Guangzhou, Weifang, Shandong, China
Spunbond, meltblown, SMS
Hygiene, medical, industrial
Jofo Nonwovens continues to face a challenges in its nonwovens business. Most of its revenues came from plants located in Zhaoqing, Guangdong; Weifang; and Dongying, Shandong in China. Three existing production lines—one meltblown and two SMS—in Jofo’s Weifang plant generated about $62 million in sales in 2013. Roughly 60-70% of its hygiene and personal care products based material went to overseas markets and the company is hoping to achieve full capacity by the end of 2016. One of its six existing spunbond lines were imported from STP, Italy, while the company reports the other five were sourced locally. The plant also operates five meltblown lines with variable capacities, i.e., one is close to 10,000 tons per year, while the smaller one that was put into operation recently could yield about 600-1000 tons per year.
In addition, five production lines are installed in the Jofo’s Zhaoqing, Guangdong plant, while another is under installation in a Jiangxi facility. These two plants are focused on high-tech geotextiles applications and the household nonwovens market, with capacity above 20,000 tons per year. While discussing the current market environment, the company says that the next three to five years will be a little tough for the industry as a whole. The company will introduce more high value-added, special functional nonwovens that suit different market needs in the future, including biomedical products for the aging population and high-tech geotextiles, among others. Jofo also says it expects a better regulatory and legal operating environment to encourage innovation and IP protection moving forward in the years ahead.