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Industry News | Time: Dec 5 2019 9:04AM
Ningxia Fengyuan textile's 200,000 spindle spinning project fills Guyuan cotton textile industry blank
 
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On Dec 3, 200,000 spindle spinning project of Ningxia Fengyuan textile had a total investment of 600 million yuan. About 50,000 spindle spinning production lines and vortex spinning workshops have been built. The construction and operation of the project fill Guyuan cotton textile industry blank. After completing construction and starting operation, it is estimated that the annual output of yarn will reach 23,000 tons, annual production and processing of apparel will be 2 million pieces (sets) and annual output value will be 1 billion yuan, solving employment of nearly 2,000 people.
[RISK DISCLAIMER] All opinions, news, analysis, prices or other information contained on this report is provided by analyst of Zhejiang Huarui Information Consulting Co., Ltd (CCFGroup) as general market commentary and does not constitute investment advice. CCFGroup will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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