TAIWAN: Yarn maker Acelon building $35m lyocell plant

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Acelon Chemicals & Fiber Corp has started construction on a US$35m plant in Changhua County that will make Greencell branded lyocell cellulosic fibres and nonwoven fabric.

The company estimates that the new plant will begin production in the first quarter of 2013, and will generate revenues of up to $12m in its first year. It will be its fourth production facility.

The move is a departure for Acelon, which is a leading producer of nylon and polyester yarn for applications including apparel, swimwear, underwear, sportswear and outerwear.

Source:  www.just-style.com

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