Tredegar Film Products to Expand Elastic Laminates Capacity in North America

March 6, 2015 | By Business Wire News

RICHMOND, Va.

Tredegar Film Products, a subsidiary of Tredegar Corporation (NYSE:TG), today announced that it will expand its North American manufacturing capacity for elastic laminates for personal care applications. In response to increased demand for elastic laminate products for adult incontinence and baby care applications, the Company is investing to expand and modernize one of the existing lines in its Terre Haute, Indiana plant to enable production of its FlexAire^TM products. The Company expects this additional capacity to be fully operational by the end of the second quarter of 2015.

“Our customers have been overwhelmingly positive about our new product launches under the FlexAire^TMbrand. These new products offer innovative features that respond to growing consumer demand for higher softness, better fit, comfort and breathability,” said Alvaro Vaselli, Vice President of Consumer Care. “Tredegar Film Products has a track record of supplying innovative high-quality personal care products, and we continue to see exciting growth opportunities in this business segment,” added Mr. Vaselli.

“Across Tredegar Film Products we are seeing growth opportunities in each of our key businesses, driven by positive market dynamics, strong new products and continued leadership in quality, delivery and service,” said Mary Jane Hellyar, President of Tredegar Film Products. “Our new FlexAire^TM elastic products continue in this tradition, creating increased value for both our customers and the end consumer.”

Among the top global leaders in the plastic films industry, Tredegar Film Products manufactures plastic films, elastics, and laminate materials for the personal care, electronic display, flexible packaging, lighting and other specialty film markets. With a global R&D structure and locations throughout North America, Europe, Asia, and South America, Tredegar Film Products provides local support and innovative solutions to meet our customers’ needs. Additional information regarding Tredegar Film Products is available at www.tredegarfilms.com.