Dandong Inks Agreement for Textile Manufacturing Base (09/17/2012)

Updated: 2012/9/17 14:00:00

The Fixed Star Group Functional Textile Manufacturing Base will be built in Dandong, according to a contract signed on Aug. 14 between the Fixed Star Chemical Co., Ltd. and the Dandong Environmental Protection Industrial Park. The total project investment is CNY 2 billion (US$ 314.4 million).

The base will specialize in manufacturing tents, outdoor sports clothing and occupational protective clothing. Fixed Star Chemical is a local Dandong enterprise. Established in 1994, it has developed into a leading manufacturer in research, formulation and production of textile-related chemicals and materials. The group holds more than 30 Chinese national patents.

Textiles and garments are a pillar industry in Dandong´s economy. The city is home to a comprehensive manufacturing and research system.

The group said it will develop industrial clusters in Dandong and build the city into a self-branded textile and garment base instead of a simple processing center.

Statistics show the domestic and overseas demand for functional textiles is increasing. Global sales of functional textiles are expected to achieve a year-on-year growth of 4.8%.

Source: China Daily

Authority in Charge: China National Textile and Apparel Council (CNTAC)

Sponsor :China Textile Information Center (CTIC)

ISSN 1003-3025 CN11-1714/TS