JNC Corporation (Chiyoda-ku, Tokyo, CEO Mr. Yasuyuki Goto, hereinafter "JNC") will jointly invest in a new production line for polyolefin bicomponent fibers at ES FiberVisions Suzhou Co., Ltd, a joint venture company with FiberVisions Corporation (Georgia, USA, CEO Mr. Tom Zaiser, hereinafter "FiberVisions") in Jiangsu Province, China.
The product family made at this plant is well-known as "ES Fiber". ES Fiber is a bicomponent fiber made of two thermo-plastic polymers having different melting points. ES Fiber was the first bicomponent fiber produced successfully at commercial scale by Chisso Corporation (JNC is a 100% subsidiary of Chisso Corporation and inherited all the businesses). ES fiber can be converted into nonwoven fabrics by heating the fibers up without adhesives and the resulting nonwoven fabrics are softer and bulkier than those produced by competing technologies. Nonwoven fabrics made of ES Fiber are widely used in hygiene products such as baby diapers, wet wipes and feminine care products.
JNC has been in a global partnership with FiberVisions through ES FiberVisions, a sales joint venture for ES fibers since 2000. In 2011, JNC and FiberVisions formed ES FiberVisions Suzhou as a manufacturing company to expand the business in the growing Chinese market. JNC and FiberVisions agreed to further expand the Suzhou plant capacity to to meet continuing strong demand from the market. ES FiberVisions will also start up a new plant in Thailand in this summer to serve customers in Thailand.
<Description of the investment>
Company name |
ES FiberVisions Suzhou Co., Ltd. |
Plant location |
Suzhou New District, Suzhou, Jiangsu Province, China |
Investors/investment ratio |
JNC Fibers Corporation 50%, FiberVisions A/S (Denmark) 50% |
Business scope |
Sales and manufacture of thermo- bondable polyolefin bicomponent fibers |
Capacity |
14,500t/y |
Capital expenditure |
$22 million USD |
Expected completion |
July , 2018 |
<FiberVisions Corporation>
FiberVisions is the largest producer of PP monocomponent fiber with headquarters in Georgia, USA and with manufacturing sites in the USA, Denmark, and China.
<Location of manufacturing sites and offices>
Sales offices of bicomponent fibers
ES FiberVisions Co.,Ltd. / Osaka, Japan
ES FiberVisions Hong Kong Ltd./Hong Kong
ES FiberVisions Shanghai Co., Ltd. / Shanghai, China
ES FiberVisions ApS / Varde, Denmark
ES FiberVisions LP / Georgia, USA
Manufacturing sites of bicomponent fibers
JNC Fibers Corporation / Shiga, Japan
Guangzhou ES Fibers Co.,Ltd. / Guangzhou, China
FiberVisions A/S / Varde, Denmark
FiberVisions Corporation / Georgia, USA
Manufacturing sites of nonwoven
JNC Fibers Corporation / Shiga, Japan
Guangzhou ES Fibers Co.,Ltd. / Guangzhou, China
Chisso ES Asia Co.,Ltd. / Changshu, China
End