9 March 2010, Luxembourg - Pegas Nonwovens has announced
that it is to invest in further production capacity and has already contracted with
Reifenhäuser Reicofil GmbH & Co. KG for the supply of the spunbonding technology.
The EUR 50 million investment in the new 9th production line will be carried
out through Pegas’ subsidiary Pegas - NS a.s. and the facility will be located
in Znojm, Přímětice, Czech Republic.
The Reicofil 4 type production line will produce materials
mainly for the hygiene segment with the option of production for other
applications. Pegas says the new production line will enable the expansion of
the company's annual production capacity by up to 20 thousand tonnes, depending
on the products manufactured. The company expects to launch the new line in the
second half of 2011.
"The decision of the Company confirms the company's
strategy to expand its capacity through investment in the latest technology. We
believe that the new line, which will be Pegas' most technologically advanced
yet, will strengthen our position as the technological leader in the field of
nonwoven textile production and will open a new window of opportunity for
mutual cooperation with our customers, with an even stronger focus on ultra light
materials, new bicomponent applications and other new materials that are
planned to go into commercial production between 2012 and 2014," said
František Řezáč, CEO of PEGAS NONWOVENS s.r.o and member of the Pgas Nonwovens SA
Board of Directors.
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