The acquisition aims to start a high-performance polypropylene spunbond facility there. Toray will establish a new company, Toray Polytech (Foshan) Co., Ltd. (TPF), in November and plans to set up a production facility with an initial annual capacity of 20,000 tons of spunbond nonwovens there. The facility is expected to start operations in fiscal year 2019. It will be the second polypropylene spunbond production facility in China for Toray. The company currently operates a four-line plant in Nantong, which is knowns as Toray Polytech (Nantong) Co., Ltd.
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