News Flash

Century Textiles partially resumes Rayon Tyre Yarn ops

10 Jul '09

1 min read

With reference to the earlier annoucement dated February 20, 2009, regarding temporary suspension of part operations of viscose Filament Yarn / Viscose Tyre Yarn by stopping the production of Tyre Yarn in stages by end of February, 2009 at the factory at Century Rayon, Kalyan- 421 103 in the State of Maharashtra, Century Textiles & Industries Ltd has now informed BSE that production of Rayon Tyre Yarn has been partially started with effect from July 01, 2009 and the overall production capacity reduction on annualised basis will now be about 12% as against 25% reported earlier referred to above.

However, further decisions will be taken depending on likely market scenario emerging in future.

Century Textiles & Industries Limited, Mumbai was incorporated in the year 1897. Till 1951 it had only one industrial unit - Cotton Textile Mills. Since then the Company has been making rapid progress in widely diversified fields. At present, the company is not only the trend setter in Cotton Textiles but has also made a remarkable presence in Yarn, Denim, Viscose Filament Rayon Yarn, Tyrecords, Caustic Soda, Sulfuric Acid, Salt, Cement and Pulp & Paper.

Century Textiles & Industries Ltd

More Century Textiles & Industries Ltd News... More Textiles News - India...