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Century Textiles grants right to manage, operate VFY business to GIL

02 Feb 2018 Evaluate

Century Textiles & Industries has granted the right to manage and operate the company’s Viscose Filament Yarn (VFY) Business to Grasim Industries (GIL). Consequently, the company shall be deemed to have suspended operations of the VFY business during a period of 15 years with effect from February 01, 2018.

Century Textiles & Industries has a wide portfolio that includes the manufacture of yarn, denim, viscose filament rayon yarn, tyrecords, caustic soda, sulfuric acid, salt, cement and pulp & paper.

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