Low & Bonar to set up new plant in China
September 22, 2014 - China
Bonar, a producer of high performance technical textiles and a division of Low & Bonar laid the foundation stone of a new factory that will be built in Changzhou – China to produce Colback – Bonar’s proprietary fabric.
Bonar will begin with starting a single line to be built at a total cost of €32 million over two years. The new line will have an annual production capacity of 60 million sq meters of Colback and will be funded by Bonar's own resources.
Low & Bonar said this is a unique technology to supply the fast growing and important carpet tile backing and automotive markets in China and the Asian region.
In the flooring industry, Colback is widely used as a primary backing in carpet tiles, high-grade patterned wall to wall carpeting and walk-off mats.
The dimensional and thermal stability of Colback prevents carpets from bowing and skewing during processing and makes installation easier. In the new factory, there will be enough space for a second production line of Colback."
Brett Simpson, CEO of Low & Bonar, said, "Our decision to invest in a new factory in China to support the fast growing Asian markets is consistent with our strategy and will consolidate our position as global leader in the carpet tile backing and automotive markets."
Bonar is a producer of high-quality nonwovens, wovens, knitted fabrics, three-dimensional polymeric mats, construction fibres and composites for civil engineering, interior, transportation, construction, agro and industrial applications.
Marc Krauth, Bonar's Global Business Director of Interior & Transportation said, “This investment is an exciting opportunity to capitalize on our unique technology base both domestically and in Asia, and to follow and support our strategic US customers moving into the Asian Pacific region.” (AR)
Bonar will begin with starting a single line to be built at a total cost of €32 million over two years. The new line will have an annual production capacity of 60 million sq meters of Colback and will be funded by Bonar's own resources.
Low & Bonar said this is a unique technology to supply the fast growing and important carpet tile backing and automotive markets in China and the Asian region.
In the flooring industry, Colback is widely used as a primary backing in carpet tiles, high-grade patterned wall to wall carpeting and walk-off mats.
The dimensional and thermal stability of Colback prevents carpets from bowing and skewing during processing and makes installation easier. In the new factory, there will be enough space for a second production line of Colback."
Brett Simpson, CEO of Low & Bonar, said, "Our decision to invest in a new factory in China to support the fast growing Asian markets is consistent with our strategy and will consolidate our position as global leader in the carpet tile backing and automotive markets."
Bonar is a producer of high-quality nonwovens, wovens, knitted fabrics, three-dimensional polymeric mats, construction fibres and composites for civil engineering, interior, transportation, construction, agro and industrial applications.
Marc Krauth, Bonar's Global Business Director of Interior & Transportation said, “This investment is an exciting opportunity to capitalize on our unique technology base both domestically and in Asia, and to follow and support our strategic US customers moving into the Asian Pacific region.” (AR)