Formula1 Spinning Limited

The facility is located at Nagarhawla, Nayanpur, Sreepur, Gazipur (District), Bangladesh. Dhaka-Mymensingh Highway, at a distance of about 45.83 km from Hazrat Shahjalal International Airport, Dhaka.

 

Installed capacity                   : 80,256 Spindles

Rotors                                        : 2000 Head

Production Capacity              : 65,960 kg of Yarn per day

Total Manpower                     : 1,286 persons

Total Cost of the project      : BDT.4,36.90 crore (51.4 million USD.)

 

Product Mix and Capacity

The product mix and annual production capacity of the project based on 24 hours per day and 345 working days in a year is given below:

 

SL NO Item of Products Unit Annual attainable capacity
1 28/1 Card Yarn Kg. 7,928,478
2 28/1 Combed Yarn Kg. 6,291,286
3 28/1 Modal Cotton Yarn Kg. 2,543,004
4 12/1 OE Rotor Yarn Kg. 5,991,416
Total 22,754,185

 

Product mix and production capacity

Cotton Yarn (Ring)                   : 41.22 Tons/day

Modal Cotton Yarn                  : 7.37 Tons/day

Cotton Yarn (OE)                      : 17.37 Tons/day

 

Type of Raw Materials

 

Type of Raw Materials Quality Unit Quantity
Raw Cotton for Card & Combed Yarn 1.1/8 Virgin Kg. 19,043,435
Modal Fiber for Modal Yarn 38 mm Kg. 1,393,468
Raw Cotton for Rotor Yarn 1.1/8 Virgin Kg. 1,368,637
Usable Waste Cotton for Rotor Yarn Kg. 883,766

 

Power : The power requirement of the project will be 10,000 kwh, which will be Generated by own gas generator and from REB. It is to be mentioned here that the project will be imported 7 no. 1,500 kwh each Gas based Generator and Sub-Station equipment along with LT HT Switchgear and PFI Plant.

 

Contribution to GDP : On completion, the project will add BDT 1,384,193 in ‘000’ (based on 3rd year operation) to the Gross Domestic Product of the country per annum.

 

Contribution to GDP :

 

SL NO Machinery Name Brand Origin Quantity
01 Blow Room Rieter Switzerland Ring + Rotor
02 Carding Rieter Switzerland 30 ( Ring ) + 7 ( Rotor )
03 Breaker Draw Frame Rieter Switzerland Ring ( 7 ) +Rotor ( 3)
04 Finisher Drawing Frame Rieter Switzerland Ring ( 7 ) +Rotor ( 3)
05 Lap former Rieter Switzerland 2
06 Comber Rieter Switzerland 12
07 Simplex Eletro-Jet Spain 11
08 OHTC ( Ring ) Eletro-Jet Spain 44
09 Roving Transport System Eletro-Jet Spain 44
10 Link Coner Machine Murata Japan 44 ( 1814 / Spin )
11 Yarn Conditioning Xorella Germany 2
12 Humidification Plant with Waste Collection, supply ducting Bestair Taiwan 6 AC Plant
13 Generator CAT (1500 KW) Germany 7
14 Lab-Equipments Uster HVI, Uster Tester 6, Uster AFIS Pro Switzerland 1, 1, 1
15 Ring Spinning Frame Lakhmi LR9 (1824/Frame) INDIA 44
16 OE Rotor Machine Rieter / China 500 Head x 4 Machine
17 Eelctrical BBT/PFI/DB & Others and lighting BBT & Light shades Progliano Italy 1 Lot
18 Comrpessor with Dryer Kaeser Germany 5
19 Cogeneration system with chilling system Asia/Europe 1 Lot
20 Maintenance Equipments(Roll Shop) India/Europe
21 Other Testing Machine India MAG
22 Production Accessories Sliver Can , Ring and Simplex Bobbin,India Italy /India, India 6840 PC, 620000 PC
23 Maintenance Equipments (Card) Graf Switzerland 1 Lot
24 Fork Lift (3 ton / 2 ton & Hand pallet truck Europe/ Japan Japan 1+1

 

Corporate Office: 36, Shahid Tajuddin Ahmed Sarani Tejgaon I/A, Dhaka-1208, Bangladesh

Contact: +88-02-8891498, +88-01713129260 PABX: +88-02-8891267-70, Fax: +88-02-8891523

Factory: Nagarhawla, Nayanpur, Sreepur, Gazipur (District), Bangladesh

 

Web: www. groupreedisha-bd.com, Email: info@groupreedisha-bd.com

Phone: +88-02-8891219 , +88-02-8891572