We have received market reports advising that Nan Ya is expanding its polyester staple fiber capacity at its Lake City, SC plant. There is no formal press announcement at this time, but we believe the expansion will lead to an additional 40 – 50 million lbs of annual capacity (18,000 – 23,000 tons). The target end use segment for this capacity increase is understood to be spinning fiber and start-up is expected in 2016.

AKC Note: The polyester staple fiber market is currently very strong and both the spinning and the nonwovens segments have seen significant downstream investments in the U.S. over the last 18 months, and Nan Ya is clearly reacting to this increased demand volume. Our News Update of October 15th reported that DAK Americas is also adding polyester staple capacity to its plant in Cooper River, SC. This is a continuation of the generally good news that the industry has been providing recently.

 

 

Alasdair Carmichael

Carmichael International

PO Box 3444

Spartanburg, SC 29304

T: 864 583 6868

C: 864 542 4481

 

News Update is a service of Carmichael International designed to provide relevant up to date information on the textile markets. We aim to provide links to information and some commentary which is provided in good faith as to its accuracy. Carmichael International however disclaims any and all liability and responsibility for information supplied and any decisions that may be made on the information.