Eastman to increase Naia cellulosic yarn production
Eastman, the global specialty materials provider, has decided to increase its capacity to produce Naia cellulosic yarn to serve the growing demand of customers. More than 50% will be produced by 2022.
global specialty materials provider, has decided to increase its capacity to
produce Naia cellulosic yarn to serve the growing demand of customers. More
than 50% will be produced by 2022.
established in 1920, is a specialty materials company that produces a wide
variety of products that are used by people in their daily lives. The company
has the purpose to enhance the quality of life of the people due to which it
delivers innovative products while maintaining safety and sustainability.
It is a globally
inclusive and diverse company and has around 14,500 employees around the world.
The company has its presence in nearly 100 countries. Headquartered in
Tennessee, the USA, the company functions on the model that is driven by innovation,
has world-class technology, and has deep customer engagement. It has a leading
position in areas of transportation, building and construction, and
consumables. The revenue of the company in 2020 was recorded at $8.5 billion.
As per Burt A.
Capel, Vice president and General Manager of fibres, Eastman, the importance of
sustainability and circularity is increasing and these have become the key
factors to adopt sustainable fibres. This is the prime reason as to why Naia cellulosic filament yarn is becoming popular
among the customers. He added that the vision of the company is to make
sustainable fashion accessible to all and for this the entire team is working
actively at the Barcelona site. The company wishes to serve its customers
across the globe. The company is increasing its capacity to produce Naia
filament yarn and might reach 30% by mid 2021 at its Barcelona site.
It is believed
that there is a growing demand for sustainable fibres in womenâ€™s fashion wear.
With this expansion, the company wishes to support this area as well. The brand
feels that the demand for sustainable fibres has led to a growth of Naia in the
Source â€“ Press Release of “Eastmanâ€