Several large textile groups in the region joined forces, along with the President of Honduras Juan Orlando Hernández as honorary witness, to create the new synthetic yarn production plant. It is expected to attract more specialised manufacturing industries to the country for the transformation of synthetic yarn of different dimensions and categories of texture.
The draw texturised yarn (DTY) produced in the new unit can be used for the production of synthetic garments, sportswear, clothing resistant to stain, among others.
Due to the need for a greater specialisation in the production of synthetic yarn, Unitexa will continuously seek to develop the personnel it employs, generating a total of 250 direct jobs and approximately 300 indirect jobs.
The plant will generate significant amounts of foreign exchange for the country due to product exports. A sustainability plan is also in place to ensure a socially and environmentally responsible investment.
Unitexa is a result of the trust generated in international and national investors by the program Honduras 20|20, which prioritises the textile sector. In addition, it has generated significant improvements on the country´s customs system as well as the implementation of a modern tax code. (KD)
Fibre2Fashion News Desk – India
Apparel/Garments | On 22nd May 2018
Bangladesh Bank has enhanced the loan limit under Export Development...
Textiles | On 22nd May 2018
In what might be an indication of higher exports in the coming...
‘New vendor is welcome if he offers cost, quality and timely delivery’
DLF Emporio and DLF Promenade
‘Each event and promotion is planned out keeping in mind the business of...
We are spending double digit figures on R&D
Established in 1956 with a small beginning, Embee today manufactures a...
Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...
Reckon Industries adapts latest systems for manufacturing from designing...
InvestKonsult Sweden AB
Investkonsult Sweden AB has been buying and selling second-hand textile...
The Indian market has huge potential in technical textiles, and by far,...
Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...
Aditi Somani specialises in luxury fusion wear with international cuts and ...
Gildan Activewear SRL
Gildan Activewear, a manufacturer and marketer of branded clothing and...
From its modest beginning in the late 1960s, Shrujan has grown into a...