With the total investment of $50 million, the plant will produce 4,000 tonnes of sheep wool yarn a year.
On June 15, the first Vietnamese sheep wool yarn spinning plant has broken ground in Phat Chi industrial cluster, in Tram Hanh commune of Da Lat. The wool spinning mill has a total area of more than 61,000 square metre, 32,000sq.m of which is the construction area.
The plant is a joint venture between Germany’s Südwolle Group and Lien Phuong Textiles Industry Company, the largest sheep wool yarn producer based in Ho Chi Minh City.
The plant is expected to be launched in 2019 and make a revenue of $100 million a year. The designed capacity of the factory is some 4,000 tonnes of yarn per year for domestic consumption and export.
The plant will use imported raw wool to produce fibre and the finished wool yarn from the factory will be shipped to textile companies using sheep wool. Fleece wool is one of the highest value yarns for woven fabrics made from natural wool.
It is not very far (about 100 kilometres) from the plant to Ninh Thuan, which has 160,000 sheep. However, Lien Phuong Company (LPTEX) told sggp.org.vn that because of the low quality of Ninh Thuan fleece, the plant has no choice but to buy fleece from other nations. Accordingly, it plans to build a fleece material plant in one of the central provinces.
In addition to production, the factory will be open to visitors who can watch the whole yarn production process. The project will employ 400 local workers.