+917718880355

news

Chinese company plans to build cotton factory for healthcare in Mozambique

YarnsandFibers News Bureau 2014-02-08 16:00:00 – Mozambique

Cotton is one of Mozambique’s main export products, which provides good revenue. China Africa Cotton (CAC) plans to build a cotton manufacturing factory for the healthcare industry in Mozambique having capacity to process about 30,000 tons of seed cotton per year, cited by Mozambican daily newspaper Correio da Manhã.

The first of its kind factory to be built in Mozambique since the country’s independence in June 1975 will also have capacity to produce 3,000 litres of cooking oil per year.

The factory will be located in the Maringué district of Sofala province but is depends only on the installation of a power transmission line, for which the Chinese company has already put up a request to the Mozambican authorities as mentioned by the newspaper,

In 2011/2012 around 184,000 tons of seed cotton was produced and its sales brought in US$15 million macauhub while 70,000 tons of cotton fibre production provided revenues of US$110 million (macauhub).

0 0 vote
Article Rating
0 Comments
Inline Feedbacks
View all comments

Market Intelligence

Ask for free sample Report


why us?
21 yrs

experience

Fortune 500

Customer Base

100%

dedicated team

55+

Countries Served Worldwide


newsletter

Register below to receive our newsletters with latest industry trends and news!

WeCreativez WhatsApp Support
Our support team is here to answer your questions via WhatsApp. Ask us anything!
? Hello