Chinese Group Joins €30 Million Flax and Hemp Spinning Venture in Portugal
A consortium of Portuguese textile companies and China's Kingdom Holdings is setting up Portugal's first industrial wet-spinning plant for flax and hemp, in a project worth about €30 million ($35 million), Ecotextile News reported on October 16. The facility, named Nafilux by Nau Verde, is located in Rebordões, Santo Tirso, in northern Portugal, has begun initial operations and is expected to create about 250 jobs.
The mill occupies a refurbished former industrial building of about 15,000 square metres. The venture brings together Portuguese firms Calvelex, Mundifios, Paulo de Oliveira and Riopele with Kingdom Holdings, a major producer of flax and hemp yarn. The project forms part of the Lusitano Project and is supported by Portugal's Recovery and Resilience Plan.
According to the report, the venture aims to bring flax and hemp spinning back to Europe, where much of the raw fibre is currently shipped to Asia for processing into yarn before being reimported.
Source: GSM · USA (original Chinese edition)
Photo: 图：葡萄牙圣蒂尔苏市全景——中国纺织企业参与的3000万欧元纺纱项目将落户于此。照片：Krzysztof Golik，CC BY-SA 4.0，维基共享资源。Photo: A panoramic view of Santo Tirso, Portugal, where a €30 million spinning project joined by a Chinese textile group will be built. Photo: Krzysztof Golik, CC BY-SA 4.0, via Wikimedia Commons.
