Filatex has set an ambitious target of doubling the revenue to Rs. 3,000 crores by 2021-22. The company’s strategy of adding value-added products has given strength to both the top and the bottom lines.
Filatex India Ltd. has started trial commercial production under its expansion scheme for putting up additional manufacturing facilities for 190 TPD of bright polyester fully drawn yarn and 85 TPD of bright chip at the Dahej plant.
Filatex has established a respectable position in the polyester filament yarn industry in India. The company is manufacturing an increasing proportion of value-added yarns with versatile applications. It is balancing its product portfolio and debottlenecking its capacity to enhance margins. The company’s total capacity increased from 500 MTPA to 236,500 MTPA over the last 25 years.
In 2016, Filatex further invested in its Dahej plant and commenced production of 115 TPD of FDY. It added 42 texturizing machines to improve the product mix (the key input for DTY is POY) and commenced production of 200 TPD in September 2016.
Filatex has just started commercial production at the bright polymerisation facility, as bright yarn is gaining increasing acceptance in non-apparel application as well. After commissioning the bright polymer facility, the company has now a full range of product basket of filament yarn – POY, DTY and FDY both in semi-dull & bright segments in all varieties of coarse and fine deniers.
The facilities at the Dadra plant will be utilized to produce colour yarns and special yarns made from own / bought out chips customized to the customer needs.