Performance Fibers To Expand Production In China

Colonial Heights, Va.-based Performance Fibers, formerly part of Honeywell International, has
announced plans to build a second polyester fiber and fabric plant at its facility in China. The
expansion will double production capacity for dimensionally stable polyester (DSP®) at that
facility, which had doubled its original capacity with the addition of new lines earlier this

The new plant will produce and convert the newest generations of DSP fibers for use in
automotive, tire reinforcement and other industrial and consumer applications.

“Construction is expected to be complete by the first quarter of 2006,” said Greg Rogowski,
president and CEO. “Additional expansions are planned, which will again double our DSP fiber and
fabric capacity in China by 2008.”

May 2005