Fiberweb India bags export order worth Rs 12.10 cr from USA

YarnsandFibers News Bureau 2016-07-29 15:30:00 – Mumbai

Fiberweb (India), a manufacturer and exporter of Spun Bond Nonwoven Fabrics (Technical Textile) due to various research and development done by the company on its product and also preparing innovative converted products, it has been able to break through in the competitive market. The company has received export orders worth Rs 12.10 crore from U.S.A.

The company is pioneer of spun bond nonwoven fabric production in India and being 100% EOU, largest exporter and a Star Export House. It has established its name as quality supplier in the international market. The company has successfully come out from BIFR last year. The reference to BIFR was due to fluctuation in the exchange rate and international scenario.

The production unit set up for manufacture of Non Woven Spun Bonded Polypropylene Fabric has the state of art REICOFIL II DOUBLE BEAM plant supplied by the renowned as No.1 manufacturer REIFENHAUSER Gmbh of Troisdorf, Germany.

The company with its excellence in manufacturing, has attained glorious heights in producing and supplying high quality roll goods to various users all over the world.

The Company has implemented comprehensive quality management systems in all functional areas like marketing, material Management, production, maintenance, quality assurance and Customer Services, to fully satisfy the Customer under ISO 9001-2008, 14001-2004, OHSAS 18001:2007 Certified by quality Registrar Intertek and UKAS.

Apart from the above, the Company also holds authorization/accreditation conforming to Oeko-Tex standards from Hohenstein Textile Institute, Germany.

About 75% of the products of the Company is exported to countries like U.S.A., U.K., Europe, Australia, New Zealand, South Africa and Gulf countries.

The main Raw Material Polypropylene is imported from world class renowned producer Exxonmobil Co. U.S.A.

The company is currently trading at Rs. 85.95, up by 3.70 points or 4.50% from its previous closing of Rs. 82.25 on the BSE. The scrip opened at Rs. 79.15 and has touched a high and low of Rs. 86.00 and Rs. 79.15 respectively. So far 10562 shares were traded on the counter.

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