INVISTA Opens Spandex Plant Expansion In Foshan China

FOSHAN, China — May 5, 2011 — INVISTA, the recognized leader in spandex production and a wide range
of other apparel fibers, fabric treatment and fabric technologies, expanded its spandex venture
plant in Foshan. The plant will add approximately 12.5 kilotons of spandex production,raising total
annual capacity to 24.5 kilotons in response to Asia’s growing demand of high quality spandex
products.

With a total investment of more than US$227 million, the venture between INVISTA and Foshan
Plastics Group Co., Ltd remains the largest foreign investment ever in Guangdong’s fiber
industry.The plant now operates four production lines producing spandex fibers for multiple textile
processing applications.

“China has become the largest spandex consuming country in the world. With the expansion of
our Foshan site, INVISTA continues to demonstrate its commitment to the global market and China,
and our ability to anticipate and meet the changing needs of the market,” said David Trerotola,
president of INVISTA Apparel, at the opening ceremony where leaders from the Foshan municipal
government, the Sanshui district government and the Xinan town government as well as other guests
and INVISTA representatives gathered to witness the plant’s opening ceremony.

INVISTA is the only spandex producer with production capabilities in Asia, Europe, North
America and South America. As one of the largest spandex plants in the world, the venture site
utilizes world-class production technology and strives to achieve safety, health and environmental
excellence in operations. To date, the Foshan expansion project and site operations teams have
achieved more than 4.5 million safe work hours with no incidents. In addition, it has received the
“Safety Manufacturing and Fire-fighting Excellence Award” from the Xinan Town of Sanshui District,
Foshan government for four consecutive years since 2007.

“As a world-leading spandex producer, we do not just focus on building capacity, but also on
bringing innovations to meet the needs of the industry and the consumers,” said Trerotola. “As part
of these efforts, we are moving forward with our plan to set up a China Textile Research Center in
Qingpu district of Shanghai to support the development and commercialization of new fiber, fabric
and garment innovations. The facility is expected to commence operations in the middle of 2012.”

INVISTA continues to develop and introduce new products to the market. In the Hong Kong Mode
Lingerie Exhibition held last month, INVISTA unveiled its latest collection of concept and
commercial garments created with LYCRA® beauty fabrics, a new product platform for shape wear.
Other LYCRA® fiber innovations for intimate apparel, swimwear, active outdoor wear and ready to
wear have been introduced in various promotional activities throughout Asia and received positive
feedback from the industry.

In China, INVISTA also operates manufacturing plants and ventures in Qingpu district of
Shanghai and Liangyungang of Jiangsu province, as well as sales and marketing offices in Beijing,
Shanghai, Guangzhou and the Hong Kong SAR. The company is expanding its airbag fiber plant in
Qingpu, and is moving forward with engineering for construction of a nylon intermediates and
polymer facility in Shanghai.

Posted on May 20, 2011

Source: INVISTA

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