# BPPL Holdings inaugurates polyester yarn plant in Horana, Sri Lanka

BPPL Holdings, through subsidiary Eco-Spindles Ltd., inaugurated a polyester yarn production facility in Horana BOI Zone, Sri Lanka, with a capacity of 960 tons per year, using recycled PET flakes. Investment was about Rs. 400 million.

- Type: New facility
- Announced: 2018-07-01
- Where: Horana BOI Zone, Sri Lanka
- Value: $2.50M (400.0M LKR)
- Starts operating: 17 Jul 2018
- Status: completed
- Capacity: 960 tons per year
- Products: polyester yarn
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [BPPL Holdings](https://endata.com/companies/33236.md)
- [Eco-Spindles](https://endata.com/companies/33237.md) (partner)

## Sources

- [polyestertime.com](https://www.polyestertime.com/bppl-begins-polyester-yarn-production-facility/), 2018-07-19: "We recycle nearly 200,000-250,000 tons of PET each month."
- [wwd.com](https://wwd.com/sourcing-journal/sustainability/sri-lanka-recycled-polyester-plant-1238723792/), 2018-08-15: "Inaugurated last month by Eco Spindles, a wholly owned subsidiary of BPPL Holdings, the facility features cutting-edge spinning and texturing machinery from Europe."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.