New textile sizing products to cut cost - Kunal Organics
16 Jan '08
2 min read
Three new chemical products providing eco-friendly sizing solutions for the textile industry are being launched by Ahmedabad-based Kunal Organics Pvt Ltd (KOPL). The products, under 'Size Care' series for different applications include polyamylomide copolymers compounds, which improve weaving efficiency and warp flexibility.
These materials reduce operational cost of textile-making by about 25 percent through eradication of various processes involving sizing, strengthening, smoothening and colouring the yarn.
The sources reveal that the company plans to invest nearly Rs300 crore for capacity expansion in the next three years, looking at the huge potential of these products. It is also planning to sell its entire annual capacity of 3,600 tons worth $2.2 million, including 20 percent as exports.
The company has clienteles like Arvind Mills, Raymond and Mafatlal in India, and many others in France, Italy, Brazil, Algeria and some African countries. KOPL has received a positive response from Turkey and Tunisia.
This year, it is planning to sell its entire annual capacity 3,600 tonnes worth US $2.2 million, including 20 per cent as exports.
It also hopes to double its turnover to Rs200 crore in the next fiscal with the launch of its new product.
KOPL is in the process of patenting the new method and products on whose research and development it has already invested more than Rs14 crore.
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