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Belarus polyester yarn factory upgradation nearly complete
10
Dec '12
The second phase of capacity upgradation project of Svetlogorsk-based OAO SvetlogorskKhimvolokno, a Belarus-based company, is close to completion.
 
The completion of the project would boost the company’s polyester yarn factory’s annual production capacity to 38,500 tons, the press service of the Belarusian state petrochemical concern Belneftekhim informed the state news agency BeITA.
 
The company is presently conducting assurance tests of the new equipments, and is expected to shortly sign documents to put the machinery into operation.
 
The extensive upgradation of the factory became possible due to a credit deal signed by Belneftekhim and Japan Bank for International Cooperation in 2009, whereby the bank agreed to provide about US$ 32 million to OAO SvetlogorskKhimvolokno for the project.
 
Eighteen texturing machines and seven molding lines were commissioned in the first phase of the project which completed in 2011. The modern high-speed machines helped the company to upgrade its product quality, cut energy consumption and develop conditions to boost the factory’s polyester textile yarn production capacity by 16,500 tons to 38,500 tons per annum.
 
The second phase of the project is aimed at total refurbishment of the existing machinery in the factory’s spinning and textile sections and enhancement of production efficiency to enable the company to produce competitive goods.
 
In the second phase, the outdated polyester textile yarn making machinery and technologies were replaced with new equipments procured from Japan’s Marubeni Corporation. The old equipments and technologies were in use for more than 25 years and were no more appropriate for producing competitive products. 
 
Once the project gets completed, the company would be able to start producing new varieties of polyester textile yarns of different linear density for selling in both domestic as well as foreign markets.
 
Incorporated in 1964, OAO SvetlogorskKhimvolokno is one of the biggest petrochemical producing firms in Belarus.
 

Fibre2fashion News Desk - India


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