# Unitika to exit textiles business, seeks buyer for nonwovens and fiber units

Unitika announced plans to withdraw from the textile business and find buyers for its nonwovens and fiber units, which generate about 40% of revenues, due to Chinese competition and financial losses.

- Type: Closure
- Announced: 2024-12-27
- Where: Japan
- Status: announced
- Capacity: 30,000 tons per year (nonwovens)
- Products: polyester spunbond nonwovens, spunlace nonwovens, fibers
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Unitika](https://endata.com/companies/31564.md)

## Sources

- [nonwovens-industry.com](https://www.nonwovens-industry.com/breaking-news/unitika-seeking-buyer-for-nonwovens-business/), 2024-12-27: "Unitika has announced plans to withdraw from the textile business and find buyers for its nonwovens and fiber units."
- [nonwovens-industry.com](https://www.nonwovens-industry.com/breaking-news/weekly-recap-intercare-forms-alliance-with-k-c-unitika-seeking-buyer-for-nonwovens-business-more/), 2025-01-05: "Unitika has announced plans to withdraw from the textile business and find buyers for its nonwovens and fiber units."

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