The new line will produce the LNP Verton long glass fibre-reinforced thermoplastic composites that are widely used across the burgeoning automotive, telecommunications, and appliance industries in Asia. The company's continued investment in new production facilities such as the LNP Verton composite line is designed to provide customers with a local source of innovative product solutions and technological expertise.
By providing customers with local production and resources, the company aims to slash delivery times for LNP Verton composite grades. Local material production can help customers reduce time to market for a competitive advantage, especially in the telecommunications and electronics sectors.
"We are demonstrating our ongoing commitment to faster and more responsive customer service by investing in this new production line," said Alan Leung, the company's Pacific president. "It will enable us to quickly supply manufacturers and moulders in Korea and Asia with our popular LNP Verton composites.