Home / Knowledge / News / Textiles / Japanese firm postpones Mozambican textile complex
Japanese firm postpones Mozambican textile complex
26
Jul '14
Japan-based Nitura has announced the postponement of the construction of the textile complex in Nacala-Porto city, in Mozambique’s Nampula province, Notícias reported.
 
The textile complex was supposed to have facilities for spinning, weaving, and garments. In addition, the project also included a cotton production centre in Malema district, and a factory for processing raw cotton in Chihulo.
 
Chihulo was expected to produce an average of 16 tons of cotton per season.
 
The project was envisaged to transfer agricultural technologies to local farmers, but with the delay they lose the opportunity to learn new farming technologies.
 
This year, Mozambique has advanced its cotton marketing season by more than a month than its usual date of July 30, with a goal to harvest 110,000 tons of raw cotton, about 25,000 tons more than the quantity harvested last year.
 
For the current year, the Mozambican Government has set the minimum price for raw cotton at 11.75 meticals for the top variety and at 8.70 meticals for the second grade, but some buyers are offering a little above 12 meticals per kg for purchase of cotton this month.
 
Cotton production in Mozambique grew from 41,000 tons in 2009-10 to 65,000 in 2010-11 and reached 184,141 tons in 2011-12. However, the production fell to 67,392 tons in 2012-13, against the target of 100,000 tons.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 22nd May 2017

GST to be biggest achievement of Modi govt: ASSOCHAM

Goods and Services Tax (GST) which is near a roll-out would be the...

Textiles | On 22nd May 2017

Maintaining NAFTA benefits is crucial: Cotton council

The US must remain a participant in a vibrant North American Free...

Apparel/Garments | On 22nd May 2017

Retailers ask Congress not to go for consumption tax

The National Retail Federation has asked US Congress to focus on...

Interviews View All

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Kevin Nelson
TissueGen

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Mike Hoffman
Gildan Activewear SRL

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

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