Project description
Cotton Ginners Limited owns a spinning, weaving and textile mill in Blantyre. Malawi has invested significantly in the cotton industry focusing particularly on ginneries. However, cotton ginners Africa limited would like to work along the value chain where they already have three ginneries. They also have a sister company which crushes cotton seed into lint and also makes laundry soap.
The company now aspires to further add value to their lint with the proposed project. With a population of over 17 million people, Malawi has 400,000 cotton farmer who produce not less than 100,000 mt of seed cotton in an area of 130,000 ha. Approximately 39,000 mt of lint is produced per annum and out of which only 5% is used by a local manufacturer, leaving 95% for export.
Proposed investment
A 3,000 kilowatts spinning facility utilizing latest European (Switzerland and Italy) technology on the spinning market, with opening blending and cleaning; carding; drawing; combing; roving and rotor spinning capabilities. The project will primarily target the export market, particularly Europe and other yarn importing countries.
Cotton Ginners Limited owns a spinning, weaving and textile mill in Blantyre. Malawi has invested significantly in the cotton industry focusing particularly on ginneries. However, cotton ginners Africa limited would like to work along the value chain where they already have three ginneries. They also have a sister company which crushes cotton seed into lint and also makes laundry soap.
The company now aspires to further add value to their lint with the proposed project. With a population of over 17 million people, Malawi has 400,000 cotton farmer who produce not less than 100,000 mt of seed cotton in an area of 130,000 ha. Approximately 39,000 mt of lint is produced per annum and out of which only 5% is used by a local manufacturer, leaving 95% for export.
Proposed investment
A 3,000 kilowatts spinning facility utilizing latest European (Switzerland and Italy) technology on the spinning market, with opening blending and cleaning; carding; drawing; combing; roving and rotor spinning capabilities. The project will primarily target the export market, particularly Europe and other yarn importing countries.
Project location
Blantyre.
Estimated cost of project
Us$ 46.8 million.
Investment requirements
The project is seeking a financier.
Contacts
Managing Director, Cotton Ginners Ltd private bag 594, Limbe, Blantyre, Malawi. • Tel: +265 (0) 1 848 817. • Fax: +265 (0) 1 848 816 • email: This email address is being protected from spambots. You need JavaScript enabled to view it.