Home / Knowledge / News / Textiles / JBF to expand Saily (Microsynth) plant at Silvassa
JBF to expand Saily (Microsynth) plant at Silvassa
Apr '09
The Board of Directors of JBF Industries Ltd has approved expansion to be carried out in the newly acquired unit (formerly known as Microsynth) at Saily, Silvassa. The new facility will manufacture 72,000 TPA of Fully Drawn Yarn/Other Polyester Yarns.

Production in the new facility is expected to begin in March 2010, and will contribute around Rs 500 crores to turnover on 90 % utilization.

The Board of Directors has approved the deal of buy back and cancellation of FCCB's of USD 14.30 million, out of the outstanding FCCB's of USD 21.30 millions at a discount of 32.3% of face value. This will ensure that the equity does not get diluted, while enabling the company to take advantage of repayment at a reduced value.

JBF Industries Ltd

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 30th Apr 2017

Government revamping tech mission on cotton

Indian Government is working to revamp the technology mission on...

Apparel/Garments | On 30th Apr 2017

Columbia Sportswear records Q1 net sales of $543.8 mn

Columbia Sportswear Company has announced record net sales of $543.8...

Interviews View All

Md Hanifur Rahman
Aman Group

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

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Lynda Kelly
Suominen Corporation

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Ashok Desai
Bombay Textile Research Association

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

Karan Arora
Karan Arora

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
April 2017

April 2017

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


Browse Our Archives


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