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PFNonwovens to invest R600 million for expansion in South Africa

24
Jun '21
Pic: PFnonwovens
Pic: PFnonwovens
PFNonwovens, a Czech Republic nonwoven fabrics producer, is expanding its Cape Town site in South Africa. PFN has committed to invest at least $42.3 million, which will lead to the creation of up to 40 new jobs. With this investment, PFN’s market leading position as the largest spunmelt producer in the hygiene market in South Africa will be reinforced.

PFN first came to Atlantis in 2017, originally investing over R1.3 billion and creating much needed local employment. PFN collaborated with Wesgro and Into SA to successfully complete the largest manufacturing foreign direct investment that the two organisations had secured since 2011, the company said in a media statement.

With this latest investment, PFN’s market leading position as the largest spunmelt producer in the hygiene market in South Africa will be reinforced. As a result, the company will have the capacity to meet the growing local market needs for high value and specialty products with increasing levels of softness, comfort, and sustainability. The Western Cape is a natural choice to base the company’s African expansion, with world class infrastructure and access to the rest of the continent. The new capacity is planned for the end of 2022, PFN said.

“We are the first company to invest in the latest Reicofil’s R5 machinery in South Africa, and this exciting expansion will not only localise manufacturing, it will also allow for more sustainable and flexible production which is required to meet the growing needs of both our global and local clients,” Wilhelm Cronje, director for PFN South Africa said in a statement.

“This investment aligns with our global strategy to grow our hygiene and medical markets on the African continent as well as providing a base for exports to neighbouring regions,” Mariann Forsström, PFN’s newly appointed EMEA commercial director said.

Fibre2Fashion News Desk (GK)

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