Home / Knowledge / News / Textiles / Sutlej Textiles to set up green fibre project in J&K
Sutlej Textiles to set up green fibre project in J&K
11
Jan '18
Sutlej Textiles and Industries, an India based integrated textile manufacturing company, will be setting up a green fibre project at Samba in Jammu and Kashmir. The new plant will manufacture polyester staple fibre (PSF) by recycling PET bottles. Meanwhile, Sutlej has deferred brownfield capacity expansion plan of 28,800 spindles at Baddi, Himachal Pradesh.

In its filing with the stock exchanges, the company said that its board at its meeting held on January 8, 2018 has considered and approved “setting up of a green fibre project to manufacture polyester staple fibre by recycling of PET bottles at Samba, Jammu and Kashmir.”

The board also approved “deferment of brownfield capacity expansion plan of 28,800 spindles at Baddi, Himachal Pradesh, due to the uncertain market conditions in the yarn segment.”

For the first half of fiscal 2017-18, Sutlej recorded total income of Rs 1,272.75 crore, an increase of 12.75 per cent over total income of Rs 1,128.86 in the first half of the previous fiscal. (RKS)

Fibre2Fashion News Desk – India


Must ReadView All

Surat textile traders urge PM to analyse impact of GST

Textiles | On 28th May 2018

Surat textile traders urge PM to analyse impact of GST

Textile traders from the man-made fabric hub of Surat have urged...

Karnataka garment workers seek minimum wage hike

Apparel/Garments | On 28th May 2018

Karnataka garment workers seek minimum wage hike

Garment workers in Karnataka are demanding that the newly formed HD...

Amazon debuts on Fortune 500 top 10 list

Apparel/Garments | On 28th May 2018

Amazon debuts on Fortune 500 top 10 list

American e-marketplace Amazon has cracked Fortune 500’s top 10 list...

Interviews View All

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Subhashini Srinivasan
The S Studio

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

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Marcel Alberts
Eurofibers

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Mark Paterson
Technical Absorbents Ltd

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

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

Igor Chapurin
Chapurin

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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

Leave your Comments


May 2018

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

news category


Related Categories:

Advanced Search