Home / Knowledge / News / Textiles / Kiri ventures into new projects to expand its horizons
Kiri ventures into new projects to expand its horizons
09
Apr '08
Kiri Dyes and Chemicals Ltd (KDCL), Ahmedabad based manufacturer and supplier of high quality dyes and intermediates in the dyestuff industry, has recently joined hands with Zhejiang Lonsen Group Co Ltd, dyestuff manufacturer of China, to set up a new production unit.

Mr Manish Kiri, Managing Director of Kiri Dyes, in an exclusive interview to Fibre2fashion asserted, “The joint venture has already been executed for which a new company has been registered under 'Lonsen-Kiri Chemical Industries Pvt Ltd', which has been incorporated in India.

The project would come up in Baroda, with initial investment of US $10 million. The firm will manufacture dyes as finished products, initially having output capacity of 20,000 metric ton per annum (MTPA) and extend it up to 50,000 MTPA later.

Further informing about another project Mr Manish divulged, “The construction work of new sulphuric acid and oleum project is going on in Baroda since November 2007, with a capital investment of nearly Rs42 crore in 50,000 square meter area. We plan to complete the project by end of this year.

The unit will produce sulphuric acid and it's derivatives with output capacity of nearly 1,80,000 tones per annum.”

Korea, Turkey, Taiwan and US are the major export markets of KDCL. With new collaborations, Kiri hopes to supply the raw material on a larger scale.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 16th Jan 2017

India’s WPI inflation rises to 3.39% in December 2016

India’s annual rate of inflation, based on monthly wholesale price...

Apparel/Garments | On 16th Jan 2017

EC proposes enhanced market access for Sri Lanka

The European Commission (EC) has proposed that a significant part of...

Textiles | On 16th Jan 2017

Producing contamination free cotton biggest task: CCI

Producing contamination free cotton is the biggest task for the...

Interviews View All

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search