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GSFC commissions new yarn unit near Surat
05
Sep '15
The Gujarat State Fertilizers and Chemicals Ltd (GSFC) has commissioned the Fully Drawn Yarn (FDY) Unit at Fibre Unit, Kosamba near Surat.

In a statement, GSFC said the new FDY plant has an annual production capacity of 2,625 tonnes which would increase the company's turnover by Rs 70 crore.

"Under the present competitive market of Nylon Filament Yarn, GSFC will achieve new milestones with the production of newly installed FDY plant. Dr. S K Nanda, CMD of the company inaugurated the new unit.

In order to make fibre unit more profit making division, Nanda has consented for a new polyester partially oriented yarn or POY line with advance technology for the production of 'Gujnyl' so that production capacity and turnover of the same can be increased, the statement said.

The company has also decided to install High Speed Spinning Chips plant of 30,000 MTPA capacity at Kosamba. On execution of all these three schemes, the turnover of Fibre Unit will touch a high of Rs 1,000 crore, according to the statement. (SH)

Fibre2Fashion News Desk – India

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