Huvis Indorama Advanced Materials, a 50-50 joint venture between Indorama Ventures Public Co. Ltd. and Huvis Corporation of Korea, is launching new manufacturing operations at Auriga Polymers, Inc.’s campus in Spartanburg County, South Carolina, U.S.A. The US$48-million investments are projected to create 50 new jobs.
The new, state-of-the-art operations will manufacture low melting fiber (LMF) with an annual capacity of 60,000 tons. LMF is commonly used as a binder fiber in core-sheath constructions for use in automotive and industrial composites. The initial volumes of LMF will be sold in the U.S. with the potential to expand into neighboring regions over time.
Auriga Polymers currently employs more than 450 production associates, engineers and scientists at its Spartanburg County campus and, through this joint venture, the facility will be adding 50 new positions.