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Algodonera Peruana adjusts sourcing to include more US cotton

27
Nov '08

Algodonera Peruana S.A.C, the 7th largest spinner in Peru, increased its consumption of U.S. cotton from 5 percent of its total cotton purchases to 60 percent following participation in COTTON USA events.

The increase represents about 11,700 bales of U.S. cotton. Algodonera Peruana currently uses about 12,750 bales of U.S. cotton and produces roughly 3,700 metric tons of yarn per year. “The support from CCI is always timely and keeps us informed about all issues related to American cotton,” said Mr. Enrique Falcone, Manager of Algodonera Peruana.

CCI Andean Region carries out regular visits with Algodonera Peruana to discuss the company's needs and the benefits of using U.S. cotton. Algodonera Peruana increased its confidence in U.S. cotton and subsequently increased purchases after participating in the in the 2004 and 2006 Sourcing USA Summits and the 2007 Orientation Tour.

Following Algodonera Peruana's participation in the 2006 Sourcing USA Summit – sponsored by CCI, Cotton Incorporated and the U.S. cotton industry – CCI met with the company to further discuss its purchasing behavior.

After this meeting, Cotton Incorporated made a technical visit to Algodonera Peruana in July of 2007 to explain the importance of good fiber selection and laydown formation to assure the quality and consistency of yarn made with U.S. cotton fiber.

Algodonera Peruana also participated in the COTTON USA Orientation Tour during the fall of 2007, during which they visited six states throughout the U.S. Cotton Belt to learn about the many advantages of U.S cotton and sourcing from the U.S cotton industry.

This tour further strengthened Algodonera Peruana S.A.C's preference for U.S cotton. In October 2007 the company purchased more than 1,000 bales of U.S. Upland cotton and has since increased the quantity of U.S. cotton to 60 percent of their total purchases. “This will surely increase next year,” Mr. Falcone noted.

Algodonera Peruana most recently participated in the 2008 Sourcing USA Summit in Austin, TX.

COTTON USA

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