# Huvis and Indorama Ventures discuss US joint venture for LMF production

Huvis is discussing a joint venture with Indorama Ventures to produce low-melt fiber (LMF) in the US and sell it in the NAFTA region.

- Type: Partnership
- Announced: 2018-01-16
- Where: United States (location yet to be determined), United States
- Status: announced
- Capacity: 60,000 tons per year
- Products: low-melt fiber (LMF)
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Huvis](https://endata.com/companies/15590.md)
- [Indorama Ventures](https://endata.com/companies/3457.md) (partner)
- [Huvis](https://endata.com/companies/15590.md) (partner)

## Sources

- [mk.co.kr](https://www.mk.co.kr/news/stock/8154845), 2018-01-16: "휴비스의 선도적인 LMF 기술리더십 및 시장점유율(M/S) 1위의 시장리더십과 인도라마 벤처스의 글로벌 운영효율성 및 원가경쟁력과의 결합으로 NAFTA 시장 내 위상을 강화할 수 있을 것"
- [nonwovens-industry.com](https://www.nonwovens-industry.com/breaking-news/indorama-huvis-announce-north-american-joint-venture/), 2018-01-16: "Indorama Ventures Public Company Limited (IVL) and Huvis Corporation (HC) of South Korea announced their intention to establish a 50:50 joint venture for the development, construction and operation of a low melting fiber (LMF) plant in the U.S."
- [textileworld.com](https://www.textileworld.com/textile-world/fiber-world/2018/02/ivl-huvis-announce-jv/), 2018-02-28: "Our partnership will be a strategic step for both Indorama Ventures and Huvis to emerge as a regional leader and position us well to take advantage of the robust growth potential in the region."

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