# Fitesa expands non-woven production capacity in Brazil with IFC financing

IFC provided $50 million financing to Fitesa to expand non-woven production capacity at its plants in São Paulo and Rio Grande do Sul, Brazil, increasing capacity by 20,000 tons per year (17% growth).

- Type: Expansion
- Announced: 2022-07-18
- Where: São Paulo and Rio Grande do Sul, Brazil
- Value: $50.0M
- Status: announced
- Capacity: 20,000 tons per year
- Products: non-woven fabric, medical masks, hospital gowns, PPE
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Fitesa](https://endata.com/companies/22228.md)
- [IFC](https://endata.com/companies/49372.md) (investor)

## Sources

- [ifc.org](https://www.ifc.org/en/pressroom/2022/ifc-fitesa-to-increase-non-woven-production-capacity-in-brazil-with-sustainable-technology), 2022-07-18: "Fitesa's non-woven production capacity will increase by 20,000 tons per year, which means a 17 percent growth from the current volume."

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