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

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

“The $50 million financing for Fitesa, Latin America’s largest producer of spunmelt non-woven, will support the company in expanding its production of medical masks, hospital gowns and other healthcare personal protective equipment.”worldoftechnicaltextile.com

• 1 source
• worldoftechnicaltextile.comIFC, FITESA to increase non-woven production capacity in Brazil - Techtextiles & NonwovensThe Textile MagazineSep 22, 2022

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