Indian firm to set up textile plant in Zim
One of India's biggest and international acclaimed textile firms, Shreejikrupa Spinners is considering investing over $40 million towards setting up a plant in Bulawayo soon.
One of India’s biggest and international acclaimed textile firms, Shreejikrupa Spinners is considering investing over $40 million towards setting up a plant in Bulawayo soon. Industry and Commerce Deputy Minister Raj Modi said that the Indian had shown interest in setting up a polyester manufacturing plant in Bulawayo.
“I can confirm that Shreejikrupa Spinners has indicated intention to come and set up a polyester plant here in Bulawayo whereby the company will come with the latest technology of recycling plastic into polyester,†he said. A number of textile players in most developed countries have resorted to recycling plastic bottles into soft polyester thread to make eco-friendly clothing.
Plastic bottles are made of polyethylene (PET), a form of polyester that is mostly associated with a fabric used in clothing and interiors. However, both are actually polymers, a derivative of fossil fuels. The fabric made out of the PET fibre is basically polypropylene and it is ten times stronger than a normal polyester fabric.
CATEGORIES Industry Update