# Fitesa invests $70M in new spunbond line at CNCFitesa in Thailand

Fitesa is investing $70 million in a new spunbond line at its joint venture CNCFitesa in Rayong, Thailand. The investment will significantly increase nonwovens capacity in the region.

- Type: Expansion
- Announced: 2019-06-10
- Where: Rayong, Thailand
- Value: $70.0M
- Status: announced
- Products: spunbond nonwovens
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Fitesa](https://endata.com/companies/22228.md)
- [CNCFitesa](https://endata.com/companies/39910.md) (partner)

## Sources

- [nonwovens-industry.com](https://www.nonwovens-industry.com/breaking-news/fitesa-to-add-line-at-cnc-site/), 2019-06-10: "Fitesa is investing $70 million in a new spunbond line at its joint venture company CNCFitesa, based in Rayong, Thailand."

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