Fibertex Nonwovens has purchased Mogul's spunlace operation in Gray Court, South Carolina, including a state-of-the-art spunlace line built in 2016 with 14,000 tons annual capacity and 20 acres of industrial land.
Fibertex Nonwovens will invest approximately DKK 15 million to increase production capacity at its Brazilian site (acquired from Duci in February 2018) by 20% to meet growing demand for special-purpose nonwovens. The upgrade is expected to be completed by summer 2019.
Fibertex Nonwovens, a Danish company wholly owned by Schouw & Co, has taken over all activities of Brazilian nonwovens manufacturer DUCI. The transaction took effect in February 2018, giving Fibertex a foothold in the South American market, particularly for automotive nonwovens.
Fibertex Nonwovens has acquired DUCI, a Brazilian nonwovens manufacturer, to gain a foothold in the South American market and boost growth in automotives.
Fibertex Nonwovens has been chosen as the supplier of 1.5 million square meters of Formtex for a major bridge project connecting Kuwait City and the Subiyah region. The bridge is part of the Silk City urban development project.
| Site | Largest | Latest |
|---|---|---|
| Brazil, Brazil | $2.33M | 2018-09-26 |