Home / Knowledge / News / Textiles / Emirates Fibre commissions PSF plant in UAE
Emirates Fibre commissions PSF plant in UAE
02
Feb '13
Emirates Fibre, a subsidiary of bedding material producer Safetex Group, recently commissioned its polyester staple fibre (PSF) plant. Emirates Fibre hopes to cater to demand from the domestic market and the region.
 
“The US$ 10 million or Dh 36.78 million plant is located at Ras Al Khaimah’s Al Gail Industrial Park and is a subsidiary of the Safatex Group and has a current capacity of 600 tons per month which will be ramped up to 1500 tons per month by June”, the Chairman of Safatex - Muhammad Saleem Ahmad told Gulf News
 
“Around 50 percent of the plant output would be supplied to the Safetex Group, and the rest would be sold in the domestic, Middle East and Gulf market”, Mr. Ahmad said.
 
“The Gulf region houses over 50 bedding producers, due to which there is good demand for polyester fibre. Saudi Arabia, Kuwait and UAE are the leading buyers of bedding materials in the Gulf, while in Middle East and Africa, it is Algeria, Egypt and Morocco”, he said.
 
The official said the company expects to start earning return on its investments over next three to four years and intends to help UAE downsize its dependence on imports from Korea, China and Taiwan. However, he said as raw material costs are increasing on the back of oil prices, prices of polyester fibre are also expected to rise.
 
The company next plans to start a plant to spin the fibre in the next four to five years. 
 

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 23rd Sep 2017

AAFA urges negotiators to preserve TPLs in NAFTA

The American Apparel & Footwear Association (AAFA), an alliance of...

Textiles | On 23rd Sep 2017

SIMA urges Centre to re-look duty drawback rates

he Southern India Mills’ Association (SIMA) has appealed to the...

Textiles | On 23rd Sep 2017

PKR 690.65-mn budget for Pakistan Cotton Committee

The Pakistan Central Cotton Committee (PCCC) recently approved a PKR...

Interviews View All

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Headhonchos
Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Rajiv Sirohi
Shara

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

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Steve Cole
Xerium Technologies

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

Ashok Desai
Bombay Textile Research Association

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

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Divvya and Nidhhi Gambhir
Walnut

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

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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

September 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
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

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
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

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
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

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
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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