Home / Knowledge / News / Textiles / Indorama Kokand Textile to attain its full capacity by 2013 end
Indorama Kokand Textile to attain its full capacity by 2013 end
Sep '11
Uzbek-Singaporean joint venture Indorama Kokand Textile proposes to attain its full capacity by close of 2013.

The JV company set up on the base of Qoqand Textile Combine is making final preparations to commence operations and would shortly go operational.

As a part of the venture, a state-of-the-art laboratory for carrying out inspection of raw materials and product quality has been set up.

Besides, the firm has even set up its own energy units and would carry out production work in three shifts.

Along the lines of the general project, the firm would attain its targeted capacity by close of 2013 while generating 550 new employment opportunities. The enterprise is expected to export goods worth around US$ 32 million each year.

In the first phase, the firm would each year process 9,000 tons of cotton fibre and would eventually grow this capacity to around 16,000 to 20,000 tons towards close of 2013.

Indorama Corporation and National Bank of Uzbekistan for Foreign Economic Activity (NBU) instituted the new joint venture firm in July this year with a charter capital of US$ 18 million.

The Singaporean firm holds 76 percent stake in the venture, while the rest 24 percent share is with NBU.

Indorama Corporation initially acquired Qoqand Textile Combine's property and decided to invest minimum of US$ 55 million during 2010 to 2013.

Fibre2fashion News Desk - India

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Rahuul Jashnani

‘Online economy has changed the whole dynamics of buying habits.’

Paolo Ocleppo
Sandvik Hyperion

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search