The new plant will be erected in Zibo City, Shandong Province, at the end of 2011 and shouldstart producing fibers for the textile industry in the first half of 2012.
In Shandong Province, which is the main region for cotton cultivation and processing in China the Wanjie Group has the largest marketshare ofstaple fiber production for textile applications.
“We have great confidence in companies like Oerlikon Neumag,” emphasized chairman Sun Qiyu. “From past orders, we know the smooth project procedure, the high-performance machines and the unproblematic production of high-quality fibers which is guaranteed when purchasing an Oerlikon Neumag plant.”
“For the Oerlikon Textile Business Unit Oerlikon Neumag with an export share of nearly 100% for synthetic staple fiber plants, we are extremely pleased about this order from China which is one of the fastest economically growing countries worldwide. With each new project from China, we can learn from our important trading partner in order to, in the future, also be able to act competitively in the global market,” said Thomas Babacan, CEO of Oerlikon Textile and COO of OC Oerlikon.