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(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 group’s
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.
mrcplast.com
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