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Industrial Textilesworld trade 2024+2.0% 5Y CAGR

Apr 2, 2018EXPANSIONBhaluka, Bangladesh

Noman Group to invest Tk 500cr in specialized fabric plant

Noman Group plans to invest Tk 500 crore over three years to build a plant in Bhaluka, Bangladesh, to manufacture 'Coolmax All Season' fabric. The plant aims to produce 120 tonnes of yarn per day and export $100 million worth of products annually.

Value

$59.5M (5.00B BDT)

Jobs

20,000

Status

Announced

Capacity

120 tonnes of yarn per day

ProductsCoolmax All Season fabricyarn

CompaniesNoman Group

Sectors#Industrial Textiles

“The 'Coolmax' is a high value-added item.”thedailystar.net

1 source
thedailystar.netNoman Group to spend Tk 500cr on specialised fabric plant | The Daily StarRefayet Ullah MirdhaApr 2, 2018

Summarized from public sources; check the original articles before acting on it.

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