Home / Knowledge / News / Textiles / Dashoguz gets new cotton mill
Dashoguz gets new cotton mill
13
Feb '10
Ahead of the celebrations of the National Flag Day of Turkmenistan, a new cotton mill was inaugurated in the administrative hub of Dashoguz region.

The plant valued at US $66.5 million has been put up in the south-western part of Dashoguz on the bank of Shavat canal. It is projected that the newly established plant will annually produce 14,500 tons of fine quality cotton yarn in various colours. The value of the annual production of the unit would be around US $24.7 million.

The mill inclusive of the industrial and office buildings and two staff cottages is spread over an area of 10 hectares. The construction site was revamped, considering the terrain and climatic conditions of the northern region.

The President of Turkmenistan Gurbanguly Berdimuhamedov remained present at the ceremony and while delivering the inaugural speech stated that, at present, over 70 percent of textile industry output is exported to countries like USA, Canada, Russia, Europe, China and Turkey.

The President pointed out that more than $1.3 billion have been spent for the development and inclusive modernization of the textile industry, since independence and the figure is likely to touch $2 billion by 2020. He also added that, cotton mills will be constructed in all the regions where cotton is cultivated.

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Michael Kors

Fashion | On 25th Jul 2017

Michael Kors to acquire Jimmy Choo

Global fashion luxury brand Michael Kors Holdings Limited has reached ...

Apparel/Garments | On 25th Jul 2017

VF Corp posts $2.4 billion revenue for Q2 2017

VF Corporation has recorded revenue of $2.4 billion, up 2 per cent,...

Textiles | On 25th Jul 2017

Egypt signs agreement with UNIDO for cotton production

Egypt has signed a €1.5 million ($1.74 million) cooperation agreement ...

Interviews View All

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Cindy McNaull
Cordura

We have broad range of options in durable fabrics

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Mark Paterson
Technical Absorbents Ltd

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Marcel Alberts
Eurofibers

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

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Igor Chapurin
Chapurin

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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

July 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

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

Yes No

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

Yes No

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


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



X