Home / Knowledge / News / Textiles / Belarus polyester yarn factory upgradation nearly complete
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In the second phase, the outdated polyester textile yarn making machinery and technologies were replaced with new equipments procured from Japan’s Marubeni Corporation.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


Must ReadView All

Pakistan govt notifies 50% duty drawback on exports

Textiles | On 21st Oct 2017

Pakistan govt notifies 50% duty drawback on exports

The Pakistan government has notified the ‘Duty Drawback of Taxes...

Ghana sets up task force to clamp down on textile piracy

Textiles | On 21st Oct 2017

Ghana sets up task force to clamp down on textile piracy

Ghana’s ministry of trade and industry has set up a taskforce to...

Courtesy: Coach

Fashion | On 21st Oct 2017

US company Coach to change name to Tapestry from Oct 31

Coach Inc., a New York-based house of modern luxury accessories and...

Interviews View All

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Claudia Kersten
Global Organic Textile Standard

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

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Nitesh Mittal

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Steve Cole
Xerium Technologies

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

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Silvia Venturini Fendi
Fendi s.r.l

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

Karan Arora
Karan Arora

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

Divvya and Nidhhi Gambhir
Walnut

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

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

October 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
76.8%
No
13.0%
Skip
10.1%

Total Votes: 69

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
62.3%
No
27.5%
Skip
10.1%

Total Votes: 69

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
85.5%
No
10.1%
Skip
4.3%

Total Votes: 69

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
75.4%
No
11.6%
Skip
13.0%

Total Votes: 69


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