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China - yibin to build silk industrial park

China - yibin to build silk industrial park Source: www.yarnsandfibers.com
Date: 22-05-2013
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Gaoxian County in Yibin, Sichuan Province has signed an agreement with Silk Road Holding (Group) Co., Ltd. and Lihua Silk Co., Ltd. on setting up Yibin Silk Industrial Park with a total investment of CNY 350 million.
 
The project is designed to build a spinning zone for producing annually 800 tons of high-quality raw silk with expected sales revenue of CNY 300 million, a weaving zone for producing annually 8 million meters of high-grade silk and satin and a functional zone for silk boiling and dyeing and for processing 100, 000 pieces (sets) of silk garment and silk home-textiles, and finally establish a vertically-integrated industrial park from mulberry tree planting and silkworm breeding to reeling, weaving, apparel and home-textiles processing. The project is expected to turn out an industrial output of CNY 1.2 billion, a pre-tax profit of about CNY 100 million and offer 2,000 job opportunities.
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