test


Member ID:
Password: 
Stay logged in for 30 days
Forget Your Password?
close

login CCFGroup App

Industry News | Time:Mar 13 2018 2:50PM
Wuxi No.1 Cotton's Phase I project in Ethiopia to start production in 2019
 
Text size
Wuxi No. 1 Cotton Mill, part of the Guolian Development Group and one of the largest textile manufacturers in China, has signed an investment agreement with the Ethiopian government to establish an integrated textile plant in Ethiopia. The new plant will be set up in Dire Dawa, the second largest city in Ethiopia, with 40 hectares, and invested $220 million. The spinning capacity is projected to be 300,000 spindles in two phases. The first phase will be invested $80 million, reaching 100,000 spindles and the factory will complete construction by the end of this year, with facilities like open-end processing workshop, staff restaurant and activity center. Equipment installation and debugging is supposed to do in the first half year of 2019 and the normal start-up of production is predicted to be in the second half year.

The products produced in Ethiopia is targeted at medium-to-high-end yarn, with high-end yarn-dyed, knitted and home textiles.
Related Articles
US hiking source from Vietnam
Spinning capacity approaches 4.6 million spindles in Bazhou,
US share in Vietnam's cotton imports dips
Textile exports surge by 7.17pc to $8.8b in Pakistan
Vietnam-Garment-textile sector earns $8 billion from exports in Q1
U.S. textile and apparel imports from China up 22 pc
Welspun to set up a plant in Telangana
Pakistan sees surge in textile exports 7.17pc to $8.8bn
55mln pieces/yr knitted apparel project located in Aksu, Xinjiang
APTMA member to invest $7bn in garment manufacturing sector
 
Research
 
 

浙公网安备 33010902000742号