Fibertex Personal Care adjusts operations in Malaysia

Fibertex Personal Care adjusted its Malaysian spunmelt output due to weakened demand and large-scale production expansion in the market. The parent company Schouw & Co. reported a DKK15 million ($2.2 million) charge related to one-off costs and a significant reduction in employees.

“Fibertex Personal Care has adjusted its Malaysian spunmelt output amidst weakened demand from its Asian customers and large-scale production expansion in the market in recent years.”nonwovens-industry.com

• 1 source
• nonwovens-industry.comWeekly Recap: Amcor to Buy Berry Global, Fibertex Personal Care Adjusts Operations in Malaysia - Nonwovens IndustrySaveNov 24, 2024

Summarized from public sources; check the original articles before acting on it.