Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Buckeye To Sell Fiberline Biz - Nonwovens Industry
Nonwovens News

Buckeye To Sell Fiberline Biz

Plans are underway at specialty fiber and nonwovens producer Buckeye Technologies, Memphis, TN, to sell its Lumberton, NC-based Fiberline operation. Buckeye Lumberton entered the bleached cotton fiber market in September 2001 with state-of-the-art equipment and technology, utilizing a batch bleaching process to treat a variety of cotton fibers. Bleached cotton fibers are used in personal care, cosmetic and pharmaceutical products around the world and are gaining acceptance in nonwoven applications. Boasting an 8000-metric-ton capacity, the Lumberton operation currently runs at about 90% with annual sales of approximately $14 million.

Buckeye chairman John Crowe commented, “Buckeye Lumberton is no longer a strategic component of our future plans and we believe it could provide a strategic growth opportunity for the right owner. If a suitable sales arrangement is not found, we intend to continue to operate and optimize Buckeye Lumberton.”

Add us as a preferred source on Google

Get the latest Nonwovens Industry news, insights and analysis in your Google Search and AI experiences.

Keep Up With Our Content. Subscribe To Nonwovens Industry Newsletters