Century Textiles Resumes Rayon Tyre Yarn Production

Following a half-year pause, India’s Century Textiles & Industries Ltd has resumed the production of rayon tyre yarn at its factory in Kalyan, Maharashtra state. Production had been suspended in February due to market conditions, and the decision to resume production on July 1 means that overall annual production capacity will fall about 12 per cent, as opposed to the previously estimated 25 per cent. The company states, however, that ongoing market conditions may necessitate further decisions being taken.