Nonwomen fabrics industry ramps up investmentsValor Internacional
Manufacturers of nonwoven fabrics are preparing a new investment cycle in Brazil and plan to spend $60 million in the next two years to install new technologies and expand capacity. The industry spent $70 million in the last five yearts updating factories, but the new investment wave will allow companies to launch products that can compete with imported options. Companies also see market potential since per capita consumption in Brazil is only 1.4kg per inhabitant, from 8kg in developed countries. Nonwoven fabrics are especially important in the manufacturing of diapers and wet tissues, and can combine more than one input like rayon and fluff pulp, for example.