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 23rd Jun 2017

Textile ministry organises training workshop on GST

The ministry of textiles had organised training workshop on GST which ...

Apparel/Garments | On 23rd Jun 2017

Uware Brands into licensing agreement with Polaroid

Uware Brands has entered into a licensing agreement with Polaroid for ...

Textiles | On 23rd Jun 2017

Ralph Lauren ex-president Tiger of Sweden's new CEO

Hans-Christian Meyer, former president of Ralph Lauren Corporation,...

Interviews View All

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Marcel Alberts
Eurofibers

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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

news category


Related Categories:
June 2017

June 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search