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Toray Industries and Toray Advanced Materials Korea to enter PP spunbond business

April 28/2011

(Fibre2fashion) -- Toray Industries Inc and Toray Advanced Materials Korea Inc announced that the companies have decided to enter the high-performance polypropylene spunbond business in Indonesia. The companies plan to establish P.T. Toray Polytech Jakarta (TPJ) in the groups site in Tangerang, Indonesia, in September this year and build a production facility with an annual capacity of approximately 20 KT. The new plant is expected to start full-scale operations in June 2013.


Demand for disposable baby diapers is expected to grow at a rapid pace in the ASEAN countries on the back of high economic growth and changes to lifestyle brought about by rising national incomes. Particularly in Indonesia, the market for disposable baby diapers is estimated to grow at a pace of 14% a year, increasing approximately from 1.9 billion diapers in 2010 to 3.7 billion diapers in 2015.


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