The Orsha Linen Mill will present a project for the production of catton at an investment forum in Germany

October 18, Minsk /Tatyana Chumakova - BELTA/. The Republican Unitary Production and Trade Enterprise "Orsha Linen Mill" will present a project for the production of cotonnelle at the investment forum in Frankfurt am Main. This was reported to a BELTA correspondent by the press secretary of the "Bellegprom" concern, Tatyana Pyshchalo. "The Orsha Linen Mill project will be one of the three major projects of the concern at the Belarusian Investment Forum in Germany on November 17," the press secretary said. The production of cotonnelle is planned to be organized at the production facilities of the "Dnepr" factory, which is part of the enterprise. Reconstruction of production buildings, structures and engineering networks will be carried out, and a cottonization line will be purchased and installed. According to preliminary estimates, more than 7 million euros will be required to implement all measures for the organization of cotonnelle production. The project is planned to be implemented by creating a joint venture with the participation of foreign capital, with the Orsha Linen Mill holding a 54% stake and the investor holding 46%. At the same time, the investor, having invested its financial resources in the creation of the JV, will receive the right to income from the production and sale of cotonnelle in the amount of 50%. The payback period of the project is 4 years. The volume of processing of short flax fiber will be about 7 thousand tons per year, and the volume of cotonnelle production will be 5.3 thousand tons. The annual economic effect will be 563 thousand euros, and the profit will be 920 thousand euros annually. Potential consumers of cotonnelle are the EU countries and the PRC. Fuel briquettes will be made from waste products from cotonnelle production (dust, shives). Cotonnelle can be used for yarn production, in the production of non-woven materials, medical and technical cotton wool, furniture, linoleum, in construction as insulation, in the automotive industry as sound insulation and for interior trim, as a filler in the production of soft furnishings and workwear. Orsha Linen Mill is one of the leading enterprises in the light and textile industry of Belarus and the CIS countries, established in 1930. It produces over 30 million linear meters of finished linen fabrics per year, various table and bed linen, and half-linen blankets. There are over 120 branded sections of the enterprise operating in Belarus. -0-