Loepfe: Chinese spinning mill exploring Africa and investing at home

Loepfe: Chinese spinning mill exploring Africa and investing at home

The level of China’s investment in Africa is increasing fast. Cotton exports from Africa to Asian countries are increasing. Textile production in China is today confronted with rising wages, higher energy bills and mounting logistical costs, as well as quotas on the import of cotton. Africa also enjoys more favorable trade policies with the EU and the USA. The combination of these reasons is leading Chinese textile companies to invest overseas. One of them, Wuxi No. 1 Cotton Mill Textile Group Co. Ltd., Wuxi/China, recently signed a memorandum of understanding with a partner in Ethiopia to invest in a 300,000 spindles spinning mill.
Wuxi has also recently invested heavily in upgrading all their existing Savio winders with yarn clearing technology with foreign fiber functionality from Loepfe Brothers Ltd., Wetzikon/Switzerland. Contamination, even if it’s a single foreign fiber, can lead to downgrading of yarn, fabric or garments to 2nd quality or in the worst case, the total rejection of an entire order. Loepfe’s MillMaster monitoring system is connected to all Wuxi’s existing Loepfe yarn clearers on their Savio winding machines.