The joint venture, which will include a new production site in Pingdingshan, the China Nylon City, is expected to yield 20,000 tons of yarns in the next few years. Credit: Shutterstock

Israel-headquartered Nilit said this new partnership marks a significant expansion in production capacity within China, also demonstrating its ongoing commitment to support the growth of global customers and brands.

The joint venture, which will include a new production site in Pingdingshan, the China Nylon City, is expected to yield 20,000 tons of yarns in the next few years and will be constructed to meet Nilit’s exacting Total Product Sustainability (TPS) standards for environmentally responsible production.

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According to Ilan Melamed, Nilit global general manager, this partnership will open new opportunities in end uses such as home textiles and the automotive industry where strength, smoothness, and durability are essential.

Melamed said: “We are pleased to unveil this new greenfield joint venture in China with Shenma to introduce differentiated state-of-the-art technologies to support the local market. This collaboration is set to produce premium specialised products in Fully Drawn Yarns (FDY), known for their outstanding strength and smoothness, and Air Textured Yarns (ATY), known for providing unparalleled softness for the textile market, providing quality and performance, all within a highly competitive cost structure.”

Nilit believes this strategic partnership will bring together the synergies of the duo, by combining Nilit’s 50 years of global experience in the production and marketing of high-quality Nylon 6.6 yarns for apparel, and Shenma’s leadership excellence in the Chinese market.

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Nilit pointed out that this expansion is highlighted by multiple investments and cooperation designed to enhance production capabilities and deliver more innovative solutions to the textile industry.

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The joint venture agreement was reportedly signed in a ceremony attended by leaders from both parties including Li Mao, chairman of China Pingmei Shenma Group, and Michael Levi, chairman of Nilit group.

Moreover, Nilit shared that in response to the increasing demand and the commitment to innovation, it plans to double production capacity at its existing site in Suzhou SIP, with Shenma Industrials becoming a minority shareholder.

This strategic move aims to meet the growing global demand for advanced and sustainable materials, ensuring customers’ needs are met effectively.

Recently, Nilit debuted its new circular Sensil Flow product that enables yarn, fabric, and, ultimately, apparel recycling to eliminate waste in a bid to reduce apparel’s environmental impact.