Low & Bonar's division Bonar, a multinational group of producers and suppliers of performance technical textiles, as part of its expansion plan will be investing EUR 32 m to set up a new factory at Changzhou, in the Yangtze river delta near Shanghai, China to meeting the fast growing demand from Asian markets.
This investment will give them an opportunity to capitalise on their unique technology base both domestically and in Asia. This state-of-the-art production facility will provide a strong platform for their further growth.
Production is expected to commence in 2016 and sales and technical support will be provided by the recently formed team located in Shanghai.
The new factory will use Bonar's unique Colback technology to supply the fast-growing and important carpet tile backing and automotive markets in Asia.
Colback is widely used in the flooring industry, as a primary backing in carpet tiles, high-grade patterned wall-to-wall carpeting and walk-off mats. The dimensional and thermal stability of Colback is said to prevent carpets from bowing and skewing during processing and makes installation.
Marc Krauth, Bonar's Global Business Director Interior and Flooring their decision to invest in a new factory in China will strengthen their position as global leader in the carpet tile backing and automotive markets.
Bonar is a leading producer and supplier of high-quality nonwovens, wovens, knitted fabric with production facilities based in Netherlands, Belgium, Germany, Hungary, Slovakia, USA and through joint ventures in China and Saudi Arabia.
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