The installation of the production line will utilize the existing infrastructure of the Egyptian plant. This new concept will enable production capacities in Egypt to be gradually increased up to 45,000 thousand tons per year with minimal building modifications.
“The investment into this new production line represents another significant milestone in our company’s history,” says František Řezáč, CEO and member of the board of Pegas Nonwovens. “It is an entirely new platform, the first of its kind in the nonwoven textile industry. We are thus fulfilling our long-term strategy based on installing state-of-the-art technology that enables the production of advanced products and confirm our position as one of the technological leaders in the segment of nonwoven textiles used in the production of disposable hygiene products.
“For further development of the company it is no less important that, together with the secured long term financing, we consider this type of production line, with its lower overall investment costs, lower demands on infrastructure and lower capacity to be an expansion technology platform which is suitable for penetration into new, especially developing markets,” he adds.
Pegas expects the new line to be up and running by the beginning of the second quarter of 2017.