# BPPL plans $21.3M second yarn plant in Sri Lanka

BPPL Holdings plans to spend up to 1.5 billion rupees ($21.3 million) on a second state-of-the-art yarn-production plant on the same premises in Horana Export Processing Zone.

- Type: Investment
- Announced: 2018-08-15
- Where: Horana Export Processing Zone, Sri Lanka
- Value: $21.3M
- Status: announced
- Products: polyester yarn
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

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

## Sources

- [wwd.com](https://wwd.com/sourcing-journal/sustainability/sri-lanka-recycled-polyester-plant-1238723792/), 2018-08-15: "To expand production, BPP is planning to spend up to 1.5 billion rupees ($21.3 million) on a second state-of-the-art yarn-production plant on the same premises."

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