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Article: Review & forecast.(Nonwovens Industries)
- Article from:
- Nonwovens Industry
- Article date:
- December 1, 2005
CopyrightCOPYRIGHT 2005 Rodman Publishing. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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As 2005 draws to a close, nonwovens executives describe the year as positive for the industry. Despite escalating raw material prices, overcapacity in some key areas and severe competition, the nonwovens industry continues to triumph. Looking ahead to 2006; the industry will continue to grow, thanks to new capacity investment and continued global penetration.
The nonwovens industry began the past year with a positive outlook and demonstrated continued growth through the third quarter of 2005, according to James Schaeffer, CEO of the Polymer Group Inc. "While the optimism has been dampened by an extremely difficult raw material environment, as a result of a series ...