Major Investment Bonar in New Manufacturing Facility in China

Arnhem, The Netherlands (ots/PRNewswire) -

Low & Bonar's division Bonar, a multinational group of producers
and suppliers of performance technical textiles operating worldwide,
announces that it will be building a new factory at Changzhou, in the
Yangtze river delta near Shanghai, China.

(Photo: http://photos.prnewswire.com/prnh/20140428/683981-a )

The new factory will use Bonar's unique Colback technology to
supply the fast-growing and important carpet tile backing and
automotive markets in Asia. In the flooring industry, Colback is
widely used as a primary backing in carpet tiles, high-grade
patterned wall-to-wall carpeting and walk-off mats. The dimensional
and thermal stability of Colback prevents carpets from bowing and
skewing during processing and makes installation, especially pattern
repeat, easier.

The total cost of the investment will be circa EUR32m spread over
two years, starting towards the end of this year, and will be funded
from Bonar's own resources. Production is expected to commence in
2016 and sales and technical support will be provided by the recently
formed team located in Shanghai.

Marc Krauth, Bonar's Global Business Director Interior & Flooring:
"Our decision to invest in a new factory in China to support the
fast-growing Asian markets is consistent with our strategy and will
consolidate our position as global leader in the carpet tile backing
and automotive markets."

Bob Elzen, Corporate Account Manager: "This investment is an
exciting opportunity to capitalise on our unique technology base both
domestically and in Asia and to follow, and support, our strategic US
customers moving into the Asian Pacific region. This state-of-the-art
production facility will provide a strong platform for our further
growth."

About Bonar

Bonar is a leading producer and supplier of high-quality
nonwovens, wovens, knitted fabric, three-dimensional polymeric mats,
construction fibres and composites for Civil Engineering, Interior,
Transportation, Construction, Agro and Industrial applications.

The company's production facilities are based in Emmen and Arnhem
(the Netherlands), Lokeren and Zele (Belgium), Obernburg (Germany),
Tiszaújváros (Hungary), Ivankapri Nitre (Slovakia), Asheville (USA)
and through joint ventures in Jiangsu (China) and in Yanbu (Saudi
Arabia).

Bonar is part of Low & Bonar, listed on the London Stock Exchange.
Low & Bonar employs more than 2,000 people worldwide, with 1,200
people working in Bonar and its joint ventures.

Photo:
http://photos.prnewswire.com/prnh/20140428/683981-a

ots Originaltext: Bonar
Im Internet recherchierbar: http://www.presseportal.de

Contact:
For further information, please contact: Jos Waltmans,
Communications Manager Bonar, +31-6-11007399