• Linkdin

Da Lat begins construction of $50mn wool yarn factory

19 Jun '18
1 min read
Courtesy: Tim Savage from Pexels
Courtesy: Tim Savage from Pexels

Da Lat Worsted Spinning Limited Company has begun construction of a factory to spin yarn from wool in Phat Chi industrial cluster in Da Lat city, the capital of Lam Dong province in southern Vietnam’s Central Highlands region. The factory to be built at a cost of $50 million is expected to commence operation in April 2019 and employ 400 people.

The spinning mill would be a joint venture between Germany’s Südwolle Group and HCM City-based Lien Phuong Textile and Garment Corporation, according to Vietnamese media reports.

The plant would come up on 61,000 sq m of area. It would import raw wool for making yarn.

Da Lat Worsted Spinning is expected to produce about 4,000 tonnes of wool yarn and earn more than $100 million in revenue per year. (RKS)

Fibre2Fashion News Desk – India

Leave your Comments

Esteemed Clients

TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
TEXVALLEY MARKET LIMITED
TESTEX AG, Swiss Textile Testing Institute
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Taiwan Textile Federation (TTF)
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Stahl Holdings B.V.,
Advanced Search