Avgol to relocate SMMS line to India with additional melt blown line

摘要

AVGOL, the global leader in the manufacture of high performance nonwoven fabric solutions, has confirmed it is relocating an existing asset to India as part of an immediate strategic investment in the region. In a statement Shachar Rachim, CEO at Avgol said that this move is part of the company s commitment to continue increasing its presence and service across India and South Asia. "This strategic move positions our line rapidly at the heart of the local market," said Mr Rachim. "There is a huge domestic demand for hygiene products in India and across the South East Asia region, but there are heavy tariffs on importing materials. The demand is already at 165% against local supply capacity. Our projections show that through regional organic growth, improved promotion of feminine health, and increased awareness of hygiene because of the coronavirus pandemic, demand is only going to increase."