The $48 million investment is projected to create 50 new jobs, South Carolina department of commerce said. “Auriga Polymers, Inc. 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,” the department said.
“We’re proud to congratulate Huvis Indorama Advanced Materials on this latest investment in Spartanburg County. The announcement is a testament to Auriga’s commitment to our state and its people, and I look forward to watching them continue to thrive here for a long time to come,” said South Carolina Governor Henry McMaster.
“We continue to see manufacturers making investments across the state. The announcement by Huvis Indorama Advanced Materials further strengthens South Carolina’s robust manufacturing sector and brings jobs that will have an ongoing positive impact in Spartanburg County,” said South Carolina secretary of commerce Bobby Hitt.
LMF is commonly used as a binder fibre in core-sheath constructions for use in automotive and industrial composites. The initial volumes of LMF will be sold in the US with the potential to expand into neighbouring regions over time. (RKS)
Fibre2Fashion News Desk – India