Taiwanese manufacturers are developing smart textiles, incorporating devices for temperature control, heart monitoring or position finding. Taiwan is one of the world’s top producers of functional textiles. In order to sustain the nation’s position, producers are investing in modern equipment and innovations, new capacities as well as research and development.
Textile producers in Taiwan are investing in Vietnam. Far Eastern New Century (FENC), the largest textile producer in Taiwan, has enlarged its facilities for PET (polyethylene terephthalate) and terephthalic acid (PTA) needed for the production of synthetic fibers. In Taiwan where FENC has been producing spun bonded fabrics made of polyester in a joint venture with the German company Freudenberg for the Asian market since 1987 the company is increasing its capacities as well. FENC bought two new plants from a US enterprise thus reducing the risk of potential trade restrictions and improving the chances to benefit from free trade agreements.
Textile companies based in Taiwan are often family operated and it is in Taiwan that purchasing and marketing decisions and research and development decisions are made. Demand for functional garments has risen in the sports, leisure and shoe industries. Other sectors like the automotive and medical sectors as well as construction materials and agricultural means have also recorded an increased use.
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