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In the second phase, the outdated polyester textile yarn making machinery and technologies were replaced with new equipments procured from Japan’s Marubeni Corporation.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

Neelesh Hundekari speaking at the event. Courtesy: Subir Ghosh

Textiles | On 27th May 2017

Fabric of Change initiative announces €250000 scaling fund

The Fabric of Change initiative of Ashoka and the C&A Foundation is...

Pakistan's Finance Minister Mohammad Ishaq Dar presenting Budget 2017-18 in National Assembly in Islamabad on May 26. Courtesy: PID, Pakistan

Textiles | On 27th May 2017

Pakistan Budget 2017-18 proposes 4 new measures

To support the textile sector in Pakistan, finance minister Mohammad...

Textiles | On 27th May 2017

Indian exports can touch $325 bn in 2017-18: FIEO

Indian exports are on upward trend in last few months as the country...

Interviews View All

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Eamonn Tighe
Nature Works LLC

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

Suresh Patel
Sidwin Fabric

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

Giorgio Mantovani
Corman S.p.A

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

Mike Hoffman
Gildan Activewear SRL

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Judy Frater
Somaiya Kala Vidya

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

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


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