Textile giant Toray: Nanhai to build a new non-woven fabric factory, the annual output value is expected to reach 1 billion!
Looking to invest in China's textile industry? Here's one company you may want to keep an eye on - Toray! The Japanese textile giant has announced that it will be building a new non-woven fabric factory in Nanhai, Guangdong Province. This new factory is expected to have an annual output value of 1 billion yuan (approximately $150 million).
What is Toray?
Toray is a textile giant with operations in over 100 countries. The company produces a wide range of textiles, including non-woven fabrics that is use in making eco-friendly non woven bag and many other products.
2. Toray has announced that it will build a new non-woven fabric factory in Nanhai, China.
The new factory will have an annual output value of billion of dollars. This will make Toray the world's leading producer of non-woven fabrics.
3. The success of the new factory is driven by the increasing demand for these types of fabrics in the global market.
Due to its performance advantages and increased surface pressure, while permitting downsizing and weight savings, the new textile should decrease slip areas. Improved slide durability should allow textile usage in more demanding circumstances. Another significant advantage of oil-free sliding is that it has a lower environmental effect due to decreased maintenance requirements and resource conservation from less frequent repairs. Toray will make use of the new textile's advantages to expand its range of uses, which will now include industrial equipment, plant infrastructure, automobile components, and bearings.
What kind of non woven fabric factory will Nanhai build?
Nanhai is planning to build a new non-woven fabric factory to increase the production of textile products. The factory will have an annual output value of billion yuan, and it is expected to create many jobs.
Non-woven fabrics are used in a variety of applications, such as clothing, furniture, and automobile parts. The construction of the new factory will help to increase the production of these types of products. It is also expected to lead to the development of other related industries in Nanhai.
The new factory will employ many people in Nanhai. It is also expected to lead to the creation of many new businesses. Thus, it has significant benefits for the local economy.
Her are some example of non-woven products: food packaging nonwoven bag, foldable nonwoven clolr bag with logo, Laminated non woven food bag, cooler nonwoven bag with metallized, washable nonwoven bag for food, non woven wine color bag and more. It is used in making different products such as bags, clothes, and more.
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How much will the annual output value be?
Toray Industries, one of the largest textile companies in the world, is expanding its operations in China. The company has announced that it will build a new non-woven fabric factory in Nanhai Province, and the annual output value is expected to reach a billion dollars.
China is currently the world's leading producer of textiles, and Toray Industries is looking to capitalize on this trend by building a new factory in Nanhai. The company expects the new factory to create more than 10,000 jobs during its initial phase of operation.
The new factory will produce a variety of fabrics that are used in a wide range of products, such as clothing, blankets, and automobile seats. Toray Industries is committed to using high-quality materials and sustainable manufacturing processes to produce safe and environmentally friendly products.
When is the new factory expected to be completed?
The new textile factory belonging to Toray Nanhai is set to be completed by the end of 2020. The factory is expected to have an annual output value of around a billion, to increase the company's global competitiveness.
Located in the city of Nanhai in Guangdong Province, the new factory will be devoted to the production of non-woven fabrics. This type of fabric is often used in clothing, accessories, and other products.
Toray Nanhai has already invested a total of 7.5 billion yuan (US$1.2 billion) into the project and is expecting to create around 10,000 jobs during its construction phase. The company says that the new factory will play a major role in its global strategy for 2020 and beyond.
image source: www.pinterest.ph
Conclusion
Textile giant Toray announced today that it plans to build a new non-woven fabric factory in Nanhai, Guangdong province. The annual output value is expected to reach 1 billion yuan (US$152 million). This new factory will help meet the increasing demand for fabrics for both national and international markets specially when producing a fashion shopping non woven bag and other non woven bags product.
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