Polyspin Exports has decided to temporarily stop the production of Textile Division namely PEL Textiles (A Division of Polyspin Exports) from June 16, 2023 due to prevailing unremunerative sale price of OE Yarn and continuous increase in raw material prices for the past few months. The duration of stop in production of Textile Division will depend upon the improvement in the selling price of yarn and the production has been stopped until further notice.
Polyspin Exports is engaged in the manufacture and sale of PP woven FIBC bags. These bags are air permeable and are widely used in developed countries for packing vegetables. The company also in the business activities of PP Woven FIBC Bags, Cotton Textile Fabrics.