Profiles of the World`s Top 40 Nonwovens Producers- Part 2 - Nos 11-30, 2005 Edition
Released on = June 2, 2007, 1:27 am
Press Release Author = Bharat Book Bureau
Industry = Marketing
Press Release Summary = Worldwide sales of nonwoven roll goods continued their mid-single digit growth in 2004, reaching nearly US$15 bn. Sales of the 20 medium sized producers profiled in this report-which rank from number 11 to number 30 among the world's leading companies-ranged individually
Press Release Body = Profiles of the World\'s Top 40 Nonwovens Producers: Part 2 - No.s 11-30, 2005 Edition
Worldwide sales of nonwoven roll goods continued their mid-single digit growth in 2004, reaching nearly US$15 bn. Sales of the 20 medium sized producers profiled in this report-which rank from number 11 to number 30 among the world's leading companies-ranged individually from US$93 mn to US$191 mn and together accounted for almost 19% of the global total. Companies ranking 11-30 include long established as well as new players. Hollingsworth & Vose has been in the business for more than 160 years but Western Nonwovens, Pegas Nonwovens, Avgol and Concert Industries are relatively new companies. New to the report this year is Owens Corning, at number 11. Although the company has been in the business of making dry-laid glass nonwovens since the 1950s, 2004 was the first year in which it was included in the ranking. The company recently showed its commitment to nonwovens by investing US$25 mn in a new line in Aiken, South Carolina, USA.
Other recent investments include Fibertex's new spunmelt line in Denmark as well as improvements to its Czech Republic facilities and a third spunmelt line at Avgol's North American facility in Mocksville, North Carolina. Meanwhile, Orlandi has put on hold its plans to construct a spunlace line in North America. There have also been ownership changes. Georgia-Pacific has been purchased by Koch Industries. Propex Fabrics, formerly BP Fabric and Fibers, has purchased SI Industries, a competitor, while British Vita, Pegas Nonwovens and Concert Industries have all been bought up by private equity funds.
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