|Invista to build new Brazil plant|
Paul?nia ? Invista is to build a new US$100 million Lycra fibre production plant in Paul?nia, Brazil.
Construction for the expansion project in S?o Paulo State will begin immediately, with an expected opening in late 2012.
The investment from Invista is part of its strategy to expand its business in Brazil. ?Brazil is a growing and strategic market for our business,? said David Trerotola, president of Invista Apparel. ?The expansion of our Lycra fibre production is a reflection of the growth of our customers.?
According to Trerotola, Invista?s existing presence in Brazil plays an important role in the company?s global apparel sales volumes. Invista currently has sites in Americana, producing Supplex fabric, and Paul?nia, where it produces Lycra fibre. ?Brazil?s textile market is very integrated, with textile mills, garment and fashion brands with high penetration in the country and the world. Through our local and global innovations in textile fibres, we are able to offer even more solutions to customers,? Trerotola said.
The new spandex plant, which will be installed at Invista?s Paul?nia site, will generate approximately 1,000 jobs during the construction phase and a significant number of new jobs after the start of operations. The expansion will also contribute to the development of the community through increased municipal revenues.
In addition to the investment in the new unit, Invista said it will also implement new technologies to further enhance its production system.
German Silva, Invista Apparel business director for South America, said: ?Textile companies must continually improve and advance their technology to maintain a world-leading position in the marketplace. Given the need for more and more differentiation, we are always innovating and looking for new ways to develop Lycra fibre with value-added attributes.? Recent examples include Xtra Life Lycra fibre, which is 10 times more resistant to chlorine than another type of spandex; and the Lycra Xtra Fine Collection fibre, which is suitable for underwear and allows the production of lightweight fabrics with exceptional power and comfort.