Sunday, June 10, 2012

[ Why are they shy to come to India.]

Fibertex Personal Care invests US$55 million in Malaysia.
Fibertex Personal Care is to invest US$55 million in a state-of-the-art production line in Malaysia. The company says the facility will be in operation within two years and increase total production capacity by 30%. A leading global supplier of spunbond for the hygiene industry, Fibertex Personal Care announced a similar investment of US$49 million two years ago, which is now fully implemented.
JNC to make air-through nonwovens in Thailand.
JNC Corporation of Tokyo, Japan, is to establish a sales and manufacturing company for air-through nonwovens for hygiene applications in Rayong, Thailand, through its subsidiary JNC Fibers. The new site, which was chosen after requests from several hygiene-related customers, is designed to meet increasing demands for hygiene products in Southeast Asia. Additionally, the facility will target emerging markets in India and the Middle East.
SCA strengthens presence in South America.
Sweden-based SCA has acquired the remaining 50% shareholding in the Chilean hygiene products producer Papeles Industriales (PISA), and now owns 100% of the company. The purchase price was approximately SEK520 million (US$9.7 million).
V-Care building three diaper manufacturing lines in China.
V-Care, a joint venture of Hong Kong-based toilet tissue maker Vinda Paper Group, is building three diaper manufacturing lines in Hubei Province, China. The first line is expected to begin operation in May 2012.

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