Member ID:
Stay logged in for 30 days
Forget Your Password?

login CCFGroup App

Industry News | Time:Mar 13 2018 2:50PM
Wuxi No.1 Cotton's Phase I project in Ethiopia to start production in 2019
Text size
Wuxi No. 1 Cotton Mill, part of the Guolian Development Group and one of the largest textile manufacturers in China, has signed an investment agreement with the Ethiopian government to establish an integrated textile plant in Ethiopia. The new plant will be set up in Dire Dawa, the second largest city in Ethiopia, with 40 hectares, and invested $220 million. The spinning capacity is projected to be 300,000 spindles in two phases. The first phase will be invested $80 million, reaching 100,000 spindles and the factory will complete construction by the end of this year, with facilities like open-end processing workshop, staff restaurant and activity center. Equipment installation and debugging is supposed to do in the first half year of 2019 and the normal start-up of production is predicted to be in the second half year.

The products produced in Ethiopia is targeted at medium-to-high-end yarn, with high-end yarn-dyed, knitted and home textiles.
Related Articles
55mln pieces/yr knitted apparel project located in Aksu, Xinjiang
APTMA member to invest $7bn in garment manufacturing sector
Vietnam expects benefits from the new CPTPP trade agreement
VN garment-textile sector aiming for 10 pc growth this year
APTMA to establish garment manufacturing with investment of $7b
Arvind Ltd sign MoU to set up an integrated apparel, textile park
Turkey likely to hike duties on imports of American cotton
Indian cotton imports set to rise as textile mills prefer U.S.
India's home textile exports share market to US remains dull
Xiaoshan started to regulate another 11 industries with heavy
Development of nylon 6 flat filament market
China's coal-based MEG market in 2017

浙公网安备 33010902000742号