September 20, 2019 | 10:16 (GMT+7)
Da Lat-based plant ships 4 tons of sheep wool yarn to Japan
The Da Lat Worsted Spinning Limited Company in Da Lat city, the Central Highlands province of Lam Dong, has exported the first batch of 4 tons of sheep wool yarn to Japan.
The plant, whose construction began in June last year, is expected to ship 300 tons of yarn abroad this year.
It has a total investment of USD 50 million and is a joint venture between Germany’s Südwolle Group and Lien Phuong Textiles Industry Company based in Ho Chi Minh City.
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A production line of the Da Lat Worsted Spinning Limited Company |
With an annual designed capacity of about 4,000 tons of yarn, the wool spinning plant is set to earn from USD 100-120 million each year.
Up to 90 percent of the finished wool yarn from the factory will be shipped to textile companies using sheep wool worldwide.
The project contributes to the job generation for locals, with the need to employ up to 400 people.
In addition to the production function, the factory will be open to visitors who can watch the whole process of producing yarn from natural wool.
Source: VNA