# Performance Fibers expands tire fabric capacity in Kaiping, Guangdong

Performance Fibers (Kaiping) Co. Ltd. held a ribbon-cutting ceremony for a capacity expansion project in Jiangmen, Guangdong, with an investment of 500 million yuan. The project will add 30,000 tons of annual capacity for industrial yarns, with partial operation in September 2017 and full operation by early 2018.

- Type: Expansion
- Announced: 2017-02-09
- Where: Jiangmen, Guangdong, China
- Value: $72.6M (500.0M CNY)
- Starts operating: Sep 2017
- Status: under construction
- Capacity: 30,000 tons per year
- Products: industrial yarns, tire fabric
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Performance Fibers](https://endata.com/companies/16731.md)
- [Indorama Ventures](https://endata.com/companies/3457.md) (investor)

## Sources

- [en.tireworld.com.cn](http://en.tireworld.com.cn/cnews/201729/4276.html), 2017-02-09: "The ribbon-cutting ceremony for capacity expansion of Performance Fibers (Kaiping) Co. Ltd. was held lately in Jiangmen, Guangdong province."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.