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

Indian govt approves special package for leather, footwear

Textiles | On 16th Dec 2017

Indian govt approves special package for leather, footwear

The Union Cabinet chaired by PM Narendra Modi has approved a special...

EU parliament resolution calls for Cambodia sanctions

Apparel/Garments | On 16th Dec 2017

EU parliament resolution calls for Cambodia sanctions

Following the ongoing crackdown in Cambodia on the opposition and...

Affordable prices to be hit if US pulls out of NAFTA: NRF

Apparel/Garments | On 16th Dec 2017

Affordable prices to be hit if US pulls out of NAFTA: NRF

US retailers’ ability to offer consumers quality products at...

Interviews View All

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Urmil Arya

Sushila International, a well established textile organisation established ...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Lynda Kelly
Suominen Corporation

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Ritu Kumar
Label Ritu Kumar

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

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

December 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
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

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
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

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
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

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
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


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