Textured and processed yarns manufacturing company Unifi has entered the Vietnamese market mainly to expand its global footprint for recycled fiber – REPIEVE. Unifi has partnered with one of Vietnam’s largest polyester yarn manufacturers Century Corporation to manufacture, sell and distribute REPREVE filament yarn in the Southeast Asian country.
Unifi’s subsidiary in China – Unifi Textiles (Suzhou) Co., Ltd. (UTSC) will be responsible for managing sales and distribution of REPREVE filament yarn exported from Vietnam.
Vietnam is a major apparel-producing region and the new venture will help Unifi meet the increasing demand from the region and also shorten lead times to its customer base.
Vietnam has become a key focus region for clothes brands and retailers. Vietnam is expected to be a strategic position in growing the global supply chain for REPREVE. It will allow Unifi to expand into other Premium Value Added (PVA) products in the near future. The presence in Vietnam is also expected to help Unifi meet sourcing requests and increase demand from customers wherever they choose to do business.
More about polyester markets will be discussed at CMT’s 7th PET Asia Outlook on 9-10 November in Ho Chi Minh City, Vietnam.
For more information, contact Ms. Grace at firstname.lastname@example.org or call +65 6346 9147.