Unifi, Inc. Enters Agreement with Century Synthetic Fiber Corporation
January 09, 2017 at 11:12 pm IST
Share
Unifi, Inc. continued to expand its global footprint of REPREVE recycled fiber by entering into Vietnam with support from Century Synthetic Fiber Corporation, now a licensed manufacturer of REPREVE. Century Corporation will manufacture, sell and distribute REPREVE filament yarn within Vietnam, and Unifi Textiles (Suzhou) Co. Ltd. (UTSC) - Unifi's subsidiary in China - will manage sales and distribution of REPREVE filament yarn exported from Vietnam. This collaboration will open distribution channels for REPREVE in a key apparel-producing region, helping to fulfill increasing demand and shorten lead times to the Company's customer base.
Unifi, Inc. is a multinational company. The Company manufactures and sells recycled and synthetic products, made from polyester and nylon, primarily to other yarn manufacturers and knitters and weavers that produce yarn and/or fabric for the apparel, hosiery, home furnishings, automotive, industrial, medical, and other end-use markets. It operates through three segments: Americas, Asia, and Brazil. The Americas and Asia segments primarily sell recycled and synthetic products to yarn manufacturers, knitters and weavers that produce yarn and/or fabric for the apparel, hosiery, home furnishings, automotive, industrial, medical, and other end-use markets principally in North and Central America, Asia and Europe. The Brazil Segment sells recycled and synthetic products to knitters and weavers that produce fabric for the apparel, home furnishings, automotive, industrial, and other end-use markets principally in Brazil. It offers polyester and nylon products, and recycled solutions.