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Kamishinsky to be Russia's largest cotton processing plant
08
Jan '14
The Kamyshinsky Textiles, located in the Volgograd region of Russia, has been undergoing complete modernization, implemented by the regional government of Volgograd, after which the volume of processing cotton at the enterprise would increase to 1,400 tons per month, making it the largest cotton processing plant of the country.
 
According to a statement issued by the government of the Volgograd region, the first stage of a large-scale investment project for the modernization of the Kamyshinsky textile enterprise has been implemented, under which the textile plant would have 12 rotor spinning machines which would increase productivity by 3.5 times.
 
Earlier in 2013, the Governor of Volgograd had signed a social and economic partnership agreement with the textile enterprise, under which the regional government would promote the enterprise through providing tax incentives and the firm would in turn be committed to increasing wages and production capacity.
 
Under the first stage of the modernization process of the enterprise, 12 new spinning machines were purchased, of which currently 10 are already running and 2 are in the process of being commissioned.
 
During the next stage, the firm would acquire 400 new looms and would also open a new textiles finishing department, which would increase the production of fabric to 4 million mts per month.
 
Vasily Galushkin, deputy prime minister of the Volgograd government said the assistance provided to the company would help to restore the region’s status as the textile center of Russia.
 

Fibre2fashion News Desk - India


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