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Samuels LAX, announced on
Movey that it will spend $1 billion
to build nylon production and
processing facilities in Singapore
to serve the Asia Pacific region.
Construction of the 45,000-square-
meter plant will take two years.
When the factory is complete,
it will employ over 500 workers
and have an estimated annual
production of 60,000 tons of nylon
and nylon components. According
to company spokesperson Michael
Tan, the plant will be equipped with
the same advanced technology
used in Samuels plants in India and
Canada, enabling the company
to price its nylon competitively.
The nylon products will be sold to
213. What is the purpose of the
article?
(A) To publicize new
merchandise
(B) To discuss a company's
plans for expansion
(C) To explain a problem with a
product
(D) To describe the layout of a
factory
4 Part Part
applications.
companies throughout the region
for use in various industrial textile
The Asia Pacific market for nylon
has remained strong over the
last decade, with the majority
of purchases coming from the
automobile manufacturers, Samuels
is hoping that the efficient
production from the new factory will
position it to become a leader in the
market. It will face stiff competition
from Haring Corporation, the current
leader, and from several other large
chemical companies that ship nylon
products into the area from Europe
and Africa.
214. According to the article, why did
Samuels Ltd., choose to target
the Asia Pacific market?
(A) It can ship in products from
its existing plants.
(B) There is no competition in the
region.
(C) Raw materials are available
locally.
(D) There is a steady demand
for the product.
