Indorama to establish third plant in India to expand spandex capacity

The new plant will augment the spandex capacity of Indorama to 75 MT/day by the end of 2022, the company said in a media release.

INVIYA is well positioned to provide functional solutions to high end garments, accessories like elastics, tapes etc and hygiene products like diapers. Incidentally, Indorama is the only company in Indian subcontinent to produce elastomeric yarns meant for these applications (elastics/narrow fabrics/diapers).

INVIYA spandex is available in denier ranging from 10 to 1680 in different lustres to address the consumer needs across various segments. Apart from these, various cross functional teams of INVIYA work closely with customers to work out solutions to meet various requirements.

Spandex market demand is pegged at around 45,000 MTs in India and with a push from the government, this is slated to grow at CAGR of around 14-15 per cent.

Apart from meeting demand in domestic markets, INVIYA is exported to various countries like Bangladesh, Turkey and Latin American regions for various applications in textile/clothing segment.

Indorama India Private Limited is part of Indorama Corporation, which is headquartered in Singapore.

Fibre2Fashion News Desk (KD)