Home / Knowledge / News / Textiles / Bombay Dyeing gives up DMT plant opting for PSF instead
Bombay Dyeing gives up DMT plant opting for PSF instead
02
Jun '08
The dimethyl terephthalate (DMT) plant of Bombay Dyeing situated at Patalganga has been sold off with an envisaged plan of switching over to manufacturing of polyester staple fibre (PSF).

The Nulsi Wadia managed company, has till date been the largest producer of DMT which serves as a key ingredient in the manufacturing of polyester. With a production capacity of 165,000 tons of DMT, the Patalganga unit serves various industries engaged in making polyester fibre, film, filament and yarn.

Sources from the company informed Fibre2fashion that so far, the unit fetched about 65 percent of the company's total revenues but now, this plant has been taken over by Gujarat based trading company Laxmiraj who will dismantle the DMT plant for its own purpose.

Bombay dyeing has other plans including venture into PSF which is expected to yield higher revenues and increase the present margins. Production has already been commenced in October 2007 and the move to modify the DMT plant to PSF is estimated to cost about Rs3500 millions.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 21st Aug 2017

Turkish apparel exports fall 6.11% in H1 2017

Apparel exports from Turkey declined by 6.11 per cent in the first...

Textiles | On 21st Aug 2017

Liaoning Bora picks LyondellBasell’s PP & PE tech

Liaoning Bora Petrochemical Co., Ltd has selected LyondellBasell’s...

Courtesy: Top Value Fabrics

Textiles | On 21st Aug 2017

Top Value Fabrics brings in latex performance textiles

Top Value Fabrics has expanded its textiles for latex printing with a ...

Interviews View All

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Silke Brand-Kirsch
Schlegel und Partner

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

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Yash P. Kotak
Bombay Hemp Company

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

Jay Ramrakhiani
Occasions Elegance Wear

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

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

August 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
67.7%
No
16.1%
Skip
16.1%

Total Votes: 31

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
45.2%
No
35.5%
Skip
19.4%

Total Votes: 31

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
83.9%
No
6.5%
Skip
9.7%

Total Votes: 31

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
61.3%
No
9.7%
Skip
29.0%

Total Votes: 31


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search