Billion Industrial Holdings Limited, a leading developer and manufacturer of polyester filament yarns in China, announced that, the Company has successfully expanded its production capacity of Drawn Textured Yarn (DTY) to approximately 350,000 tons per year from 305,000 tons per year at September 1, 2011.
The new production line adopts the cutting edge and fully automatic machineries imported from Germany (Barmag) and Japan (TMT). The company has executed its capacity expansion plan smoothly and timely by wisely factoring all relevant factors.
Chairman of Billion Industrial, Mr. Sze Tin Yau, said, “We are pleased to complete the capacity expansion for year 2011. The enhancement of the capacity enables us to seize greater market opportunity and grow our market share. The timely completion of our capacity expansion also reflects our ability and commitment to deliver our promises to investors and capital market. Going forward, we will continue to work diligently to deliver our promises to investors and maximize the return of our shareholders.”
Established in 2003, Billion Industrial Holdings Limited (“Billion” or “the Company”) is a leading developer and manufacturer of polyester filament yarns in China.
The Company’s main products are Drawn Textured Yarn (DTY), Fully Drawn Yarn (FDY), and Partially Oriented Yarn (POY), and a majority of which have special physical features and functionalities such as protection against ultraviolet ray, moisture and sweat-absorbing, burning-resistant, abrasion-resistant, super-soft, super-shining and antibacterial.
Billion Industrial Holdings Limited