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Yiwu Huading to expand nylon filament capacity

20
Dec '11
Yiwu Huading Nylon, a Chinese nylon filament yarn producer plans to set up a new nylon filament production base at a cost of Yuan 630 million.

Yiwu will invest its own funds in the expansion, which will be constructed on 84,500 square meters at a plot in Suxi Industrial Park.

The plant to be made operational within two years will have a capacity to produce 50,000 tons of nylon filament yarn.

Once operational, the new plant is expected to generate revenues of Yuan 1.5 billion and Yuan 120 million in profits.

Fibre2fashion News Desk


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