Home / Knowledge / News / Textiles / Zhejiang Hangmin to use Cleantech's Airflow Dyeing Machines
Zhejiang Hangmin to use Cleantech's Airflow Dyeing Machines
26
Aug '11
Cleantech Solutions International Inc, a manufacturer of metal components and assemblies, primarily used in the wind power, solar and other industries, announced that the Company has received a new purchase order from Zhejiang Hangmin Group Limited one of the leading textile companies in China, to supply its energy-efficient airflow dyeing machines for an aggregate amount of RMB14.5 million (approximately $2.3 million).

In March 2011, Cleantech Solutions delivered a sample product order of 9 units to Zhejiang Group for its inspection and approval. Following successful testing and inspection, the Company has received an order to deliver 25 units of its energy-efficient airflow dyeing machines by November 2011. The Company has received an advance payment of RMB 3 million (approximately $469,300). The Company's airflow dyeing machines use air flow as opposed to water in the traditional dyeing process, which results in reduced input costs, fewer wrinkles, less damage to the textile, and reduced emissions. In addition, we are hopeful that the PRC government's stricter environmental protection policies will spur market demand for this product.

"Despite China's restrictive monetary environment which, to a certain extent, discourages capital expenditures in the textile industry, we are pleased to receive a large scale order for our new airflow dyeing machines. It is very encouraging for us to receive positive feedback from Zhejiang Group, a leading textile manufacturer in China," said Mr. Jianhua Wu, Chairman and CEO of Cleantech Solutions. "We hold a positive outlook for our new airflow dyeing equipment as we believe it meets the PRC's new environmental standards and most importantly enables our customers to achieve operational efficiency through reduced input costs and emissions. We expect to see further growth in sales from our dyeing equipment segment towards the end of 2011 and in 2012 if China relaxes its monetary policy."

Cleantech Solutions is a manufacturer of metal components and assemblies, primarily used in clean technology industries. The Company supplies forgings products, fabricated products and machining services to a range of clean technology customers, primarily in the wind power sector. Cleantech Solutions is committed to achieving long-term growth through ongoing technological improvement, capacity expansion, and the development of a strong customer base.

Cleantech Solutions International Inc


Must ReadView All

Sanjay K Jain, managing director, TT Ltd

Textiles | On 21st Sep 2017

TT’s Sanjay Jain elected new chairman of CITI

The Confederation of Indian Textile Industry (CITI), the apex body...

Textiles | On 21st Sep 2017

NRF urges US lawmakers to lower corporate tax rates

The National Retail Federation (NRF) has written to the US Senate...

Apparel/Garments | On 21st Sep 2017

UK fashion exports £10.7 bn in 2016; highest till now

Exports of British fashion goods rose to £10.7 billion in 2016, the...

Interviews View All

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Top executives
Textile industry, India

The event should be organised every year

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Paolo Ocleppo
Sandvik Hyperion

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Ritu Kumar
Label Ritu Kumar

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

Yash P. Kotak
Bombay Hemp Company

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

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

September 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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