Trade Resources Company News Nylstar Announces an Investment of More Than 1.200.000 &euro

Nylstar Announces an Investment of More Than 1.200.000 &euro

Nylstar, one of the leading suppliers of nylon 6.6 and worldwide known by its brand Meryl, announces an investment of more than 1.200.000€ that enables the company to significantly increase its production capacity from 15.000 to 17.000 annual tons.

The investment comprises an installation of 21 Barmag winding machines that will increase productivity and will reduce waste considerably. This investment will allow Nylstar to enlarge the variety of its product range; with a clear commitment of the company to deliver even more value-added products. The new equipment will be installed in January 2014 and will be operating immediately.

"This investment is a direct consequence of the growing demand of fine count yarns that has been reflected in our sales recently," stated Zigor Kortazar, Nylstar's Corporate General Manager. "We aim to operate this new installation as a matter to continually improve our service to our worldwide customer base," Mr. Kortazar added.

With challenging conditions both in the textile industry and in the market, Nylstar has been able to increase 10% YTD its sales volume as the result of its focus on innovation and customer service. 2014 awaits a year of further investments for Nylstar and for its principal brand, Meryl.

Source: http://www.textileworld.com/Articles/2013/December/Nylstar_Increases_Its_Production_Capacity_To_17000_Annual_Tons.html
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Nylstar Increases Its Production Capacity to 17, 000 Annual
Topics: Textile