Home / Knowledge / News / Textiles / Shandong Ruyi inks deal for ultrafine sheep flock
Shandong Ruyi inks deal for ultrafine sheep flock
01
Feb '12
Shandong Ruyi, a leading Chinese textile processing firm, has invested a substantial sum into the ultrafine wool industry of Australia and has signed a deal with an Australian company for breeding a flock of ultrafine sheep.

Few days back, the company inked a Memorandum of Understanding with the Australian Superfine Wool Growers Association (ASWGA). The MoU was for supply of supply of Australian ultrafine wool by ASWGA to the Shandong-province based company.

Further enhancing its trade relations with Australia, the Chinese firm has now signed a 10-year deal with Benalla-based Jema Genetics to grow a significant flock of ultrafine sheep.

According to Jema Genetics, the deal is a big achievement for ultrafine wool growers of Australia.

Shandong Ruyi is looking forward to boost the production of wool and ensure adequate supplies to meet its demand. Thus, to facilitate this objective of the Chinese firm, Jema Genetics would develop a breeding programme in association with Geelong-based Deakin University.

The two companies came in contact when Jema Genetics approached Shandong Ruyi for selling its Jemala Knitwear range. Subsequently, there were further developments and now it is a scientific collaboration in which Jema Genetics would undertake sheep breeding for the Chinese conglomerate.

The Australian firm looks upon the deal as a great opportunity as it would help in stabilising supply and creation of new markets for Australian wool.

Fibre2fashion News Desk - China


Must ReadView All

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Robert Brunner
Devereux

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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

July 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

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

Yes No

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

Yes No

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


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



X