Yibin Grace and Switzerland Rieter to Co-Construct Spinning Research Center

It was reported that on Sep 11, Yibin Grace and Switzerland Rieter held strategic cooperation signing ceremony in Winterthur City in Switzerland. Rieter is a leading staple fiber spinning system supplier in the world and has 15 manufacturing bases in 9 nations all around the world. Yibin Grace is one of the biggest bio-surfactant fiber manufacturers in the world.

Yibin Grace and Switzerland Rieter signed “Co-constructing Spinning Research Center Proposal” and “Equipment Procurement Cooperation Proposal”. These two companies will build a national leading and world outstanding spinning research center together in Yibin, Sichuan after agreement signed, engaged in the deep research and development of fiber, yarn, equipment and technology. Yibin Grace will accelerate the establishment of vortex-spun spinning project in Pingshan County, Yibin, Sichuan, with spinning capacity at around 65kt/year and output value at 1.5 billion Yuan per year and profit and tax at around 0.25 billion annually. By now, the first phase project has purchased 20 sets of Rieter J26 vortex-spun equipment, which will start production in Mar 2018, and the second phase project will purchase another 100 sets of Rieter J26 vortex-spun equipment.