AYM Syntex is India’s leading multi-polymer and speciality synthetic yarn manufacturer and a pioneer in texturizing, spinning, draw twisting, floor covering and dyeing
AYM Syntex is a leading speciality synthetic yarn manufacturer with world-class manufacturing technology for multi-polymer yarns. It is the one of the largest Indian sellers of bulk continuous filament yarns and has one of the largest yarn dyeing houses in Asia. The company is a pioneer in texturizing, spinning, draw twisting, floor covering and dyeing. AYM Syntex is well-equipped to meet both domestic and international customer demand for synthetic yarns. The company’s state-of-the-art multi-polymer textile and BCF yarn manufacturing facility serves the diversified global textile and floor covering industry.
These lines are capable of manufacturing speciality yarns, a first-of-its-kind across the globe. The plant is equipped with a research and development facility for master batch colour development, pilot spinning and sample tufting (MTUFT) for the customer’s tailor-made needs. AYM Syntex also boats of India’s largest 100% environment-friendly and automated dyeing facility with a zero liquid discharge system. Its dye house is capable of yarn dyeing for various polymers and nylon filament yarn including recycled i.e. environmentally sustainable polymers in both variants.
It has been on a transformational journey over the last few years where the operating model and focus areas have seen a significant shift. The company has transitioned from being a commodity-driven business to a manufacturer of niche, high-margin products like bulk continuous filament (BCF) and industrial dyed yarn (IDY). AYM Syntex has invested over Rs 100 crore as capex into BCF, IDY and cabling and heat setting capabilities, increasing production efficiency by 10% to 15% across all segments and 50% in BCF production. The company has doubled the capacity of one of its polyester mother yarn lines and is expected to repeat this in one of its nylon mother yarn lines also.
Apart from expansion and product diversification, the company has also undertaken several other value initiatives such as recycling and reusing waste, energy optimisation, waste reduction at the factories and other CSR initiatives to improve work efficiency and aid human resources. For the past couple of years, product development and commercialisation have been in full force. These new products are unique to AYM Syntex, especially ‘Ecose’ and ‘Silkenza’. AYM Syntex continues to push these new products in the market.
Bulk Continuous Filament Yarn (BCF)
The rising need for comfort and privacy owing to noisier surroundings has spurred the demand for insulation across the flooring market as a well-insulated floor creates an improved sound environment. This has resulted in a growing demand for insulation, thereby supporting market growth on floor covering space. Moreover, consumer preferences for aesthetically improved designs, textures and colours and low maintenance and easy-to-install floorings are ascending the market growth. The company is also focusing on growing this line of business by incurring some additional debottlenecking capex in the coming year to cater to the demand and service customer needs.