Feb 13, 2025
The Chinese Company "Welong New Materials" is planning to invest in a Usd 68 million Chemical Fiber Production Factory in Indonesia. Once completed, the Factory will be able to produce up to 70,000 tons of Solution-dyed Fibers and 30,000 recycled Colored Fibers, and generate up to Usd 164 million in Sales per Year.
These Fibers are used by different International Apparel Brands like Nike, Adidas, etc. and will be a big boost to Indonesia's Textile Industry.
Here is the Link to the “Yicai Global” Website: https://www.yicaiglobal.com/news/chinas-welong-to-invest-up-to-usd68-million-to-build-green-fiber-plant-in-indonesia
SOURCE: China’s Welong to Invest Up to USD68 Million to Build Green Fiber Plant in Indonesia {Archived Link}