Home / Knowledge / News / Textiles / New yarn project to contribute in Nantong's prosperity
New yarn project to contribute in Nantong's prosperity
27
Mar '08
A foundation laying ceremony was recently done, in textile industrial park of Shuanghong Textile Co Ltd, in Nantong city, for a new project of producing 30,000 dense spinning spindles with an investment of nearly 100 million yuan.

Shuanghong Textile Co Ltd, a private enterprise spins around 1,25,000 yarn and 10,000 thread spindles, with an annual production value of more than 500 million yuan.

In order to enlarge and strengthen company's scale of production and make its presence felt in domestic and foreign markets, Shuanghong Textile, has decided to launch this project.

The new unit will make use of 60 sets of carding machines, combing machines, hanging spindles rowing machines and dense spinning machines to produce over 2000 tons of 60s combed dense spinning cotton yarn, by using natural cotton fiber to enhance the quality of products, to meet demand of high-end clothing brands.

Once the project starts, Shuanghong Textile is expected to make an additional profit of around 15 million yuan.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 25th May 2017

Huntsman and Clariant to have merger of equals

Huntsman Corporation and Clariant have announced that their boards of ...

Courtesy: CBRE

Apparel/Garments | On 25th May 2017

European cities preferred for retailer expansion: CBRE

European cities were the preferred new destination for international...

Apparel/Garments | On 25th May 2017

Guess records $458.6 million revenue for Q1 2018

For the first quarter of fiscal 2018, the net revenue of American...

Interviews View All

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Sonia Agarwal
Whitenife

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

Kevin Nelson
TissueGen

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Mike Hoffman
Gildan Activewear SRL

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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