Performance Fibers to expand HMLS yarn production in Korea

Richmond, Virginia – Performance Fibers is to expand its joint venture operation in South Korea to produce ultra low shrinkage fibers for speciality uses, including rubber reinforcement yarns.

Performance Fibers SYSKO partner Sam Yang Corp. is building an addition to its Jeonju plant and installing new, state of-the-art equipment that will increase capacity by about 20 percent. Construction has begun and is expected to be complete by March 2007.

In a statement, the company said, “These low shrinkage products will be used in broadwoven and…

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