Home / Knowledge / News / Textiles / Bangladesh's Matin Spinning expands melange yarn unit
Bangladesh's Matin Spinning expands melange yarn unit
31
Mar '16
Courtesy: DBL Group
Courtesy: DBL Group
Matin Spinning Mills Limited, a concern of Bangladesh's DBL Group inaugurated its expanded melange unit on March 28 in Kashimpur, Gazipur to expand its production capacity by 10 tonnes a day of Melange yarn to meet the company's growing demand for high-quality yarn.

The additional capacity of producing melange yarn will boost the total capacity to 35 tonnes a day, the Group announced on its website.

The company raised Tk 126 crore through an initial public offering, to set up its melange project. The expanded unit will be one of the most modern spinning mills in Bangladesh with state-of-the-art machinery from Germany, Switzerland, Italy and Japan.

The Dhaka Stock Exchange (DSE) said in a disclosure on its website that the plant would work for 350 days a year with a capacity utilization of 90 per cent. (SH)

Fibre2Fashion News Desk – India

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search