Sutlej Textiles and Industries is planning to set up a green fibre manufacturing project at Samba district of Jammu and Kashmir. The new plant will manufacture polyester staple fibre (PSF) by recycling PET bottles. In January 2018, the company’s board has approved the project. It may be noted, the board has also deferred brownfield capacity expansion plan of 28,800 spindles at Baddi, Himachal Pradesh, due to the uncertain market conditions in the yarn segment.
<strong>Company Profile : <a href=http://industry-report.net/sutlej-textiles-industries-ltd>Sutlej Textiles Industries Ltd</a></strong>