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NYLSTAR: resumption of production delayed

TROUBLED Spanish polyamide yarn producer Nylstar announced its decision to delay for at least another month the resumption of operation of its production unit in Blanes. At the same time, the company revealed its intention to shed a further 30 per cent of its workforce. Both announcements followed the breakdown of the cooperation agreement with knitting concern Puntiblond for production of Meryl branded fabrics.

Nylstar

Nylstar

No indication has been given that the excessive yarn stock of the company has begun to be run down.

 

See also:

NYLSTAR: temporary layoffs planned

NYLSTAR: yarn production suspended

NYLSTAR: reduction of workforce agreed

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