The business demonstrated its strong position in the textile market by reporting consistent revenue growth, improved operational efficiency, and more investor transparency in spite of industry-wide headwinds.
Manufacturing News
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In the upcoming quarters, the company anticipates that its performance program will contribute more to further increasing profitability.
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Sanathan Textiles specialises in high-value yarn products, including dope-dyed, superfine, technical, and specialty yarns.
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LENZING™ Lyocell Dry fibres within the family (standard, fine, and coarse) have hydrophobic properties3 which ensure efficient liquid management suitable for extensive nonwoven applications.
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The company aims to expand and diversify its product portfolio by increasing its product base and introducing a new range of product lines. It also plans to enter into manufacturing activities in order to capture future growth trends.
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Xingchen Textile Co Ltd, a prominent Chinese firm, has officially signed an agreement to invest US $ 35.03 million in establishing a textile recycling factory within the Mongla Export Processing Zone (EPZ), reports claim.