Home / Knowledge / News / Textiles / Linen of Desna to revive Chernihiv flax processing plant
Linen of Desna to revive Chernihiv flax processing plant
Sep '11
Linen of Desna LLC, a leading producer of flax in the north-east of Ukraine, will soon sign an agreement with Zhytomyr Regional State Administration for the reconstruction of the Volodarsko-Volynsky flax processing plant.

The Novhorod-Siversky-based company will invest US$ 25 million for renovation and to make the plant in Chernihiv region operational.

Serhiy Ryzhuk, who heads Zhytomyr Regional Administration, said under the Zhytomyrschyna Investytsiyna or Zhytomyr Region for Investment, about 10 times more funds have been allocated this year for the development of agriculture. The funding includes flax production and it is planned to increase the area under flax from the present 500 hectares to 5,000 hectares.

Founded in 2009, Linen of Desna LLC is into the core business of flax cultivation, production of flax fibre and packthread. It owns three flax processing plants.

Two plants located in Sobycheve village in Shostka district and in Marchykhyna-Buda village in Yampil district, both in Sumy region, are currently operational. The third plant in Novhorod-Siversky in Chernihiv region is currently under reconstruction.

Post-renovation of the existing facilities and acquisition of new facilities, the company plans to increase its area under flax crops to 15,000 hectares from the present 700 hectares.

In 2010, the company's net revenues were UAH 2.09 million, making a net loss of UAH 1.12 million.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 23rd Feb 2017

NAFTA renegotiation puts Mexico-US jeans trade at risk

The almost imminent renegotiation of the North America Free Trade...

Rick Helfenbein (left), president and CEO of AAFA, with Juan Estrada, chief of party, Hub; Courtesy: Hub

Apparel/Garments | On 23rd Feb 2017

AAFA inks agreement for best manufacturing in East Africa

The American Apparel & Footwear Association (AAFA) has entered into a ...

Mango vice-chairman and member of the board of directors Daniel Lopez (L) with Ananth Narayanan, CEO, Myntra & Jabong. Courtesy: Myntra

Apparel/Garments | On 23rd Feb 2017

Mango awards distribution & management rights to Myntra

Mango, the Spanish fast fashion brand, has awarded its master...

Interviews View All

Evelyne Cholet

‘France had a reputation of being big in new ideas, but poor in marketing...

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Anshul Sood

‘Indian footwear market is nascent and largely a trend follower’

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Ashok Desai
Bombay Textile Research Association

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

Mark Paterson
Technical Absorbents Ltd

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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

February 2017

February 2017

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


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search