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Performance Fiber to expand plant in China

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CHARLOTTE, N.C. (Sept. 10, 2010)—Performance Fibers plans to expand capacity for tire industry-related polyester fiber and fabric at its plant in Kaiping, China.

The project will double the company's polyester production and expand its geographic reach during the next 12 to 18 months, the company said. The new capacity will produce and convert the latest generations of polyester fibers for tire reinforcement and other industrial uses.