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- Title
Acquired by Turkish SIS Sayilgan.
- Abstract
The article reports on the acquisition of the second spinning and weaving plant, dyeing and finishing facility of Bukhorotex2 OAO in Bukhoro, Uzbekistan by SIS Sayilgan Iplic Tekstil Turizm Insaat San. ve Tic AS. As part of the acquisition, SIS Sayilgan Iplic Tekstil Turizm Insaat San. ve Tic also plans to invest $141 million in the modernization of the plant from 2008 to 2018. After the renovation project, weaving and spinning facility is expected to process 32,000 tons of cotton fibers and will produce 26,000 tons of cotton yarn.
- Subjects
BUKHORO (Uzbekistan); UZBEKISTAN; MERGERS &; acquisitions; SIS Sayilgan Iplic Tekstil Turizm Insaat San. ve Tic AS; BUKHOROTEX2 OAO; INDUSTRIAL sites; TEXTILE industry; COTTON yarn industry; COTTON yarn; TEXTILE machinery
- Publication
Melliand International, 2008, Vol 14, Issue 3, p138
- ISSN
0947-9163
- Publication type
Article