Performance Fibers expands Kaiping tyre fabric unit

Richmond, Virginia - Performance Fibersis to expand its tyre cord fabric capacity by 30 percent in Kaiping, China to continue to meet growing demand in Asia. The new capacity is expected to be operational by the third quarter of 2007.

The company said it will install new advanced equipment and machinery to convert its polyester yarns into treated fabrics used in radial automotive tyres. The investment by Performance Fibers is the latest in a series of planned expansions at the Kaiping site that has more than…

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