News & Insights | Textile Technology

Vietnam’s VNPOLY becomes fibre provider for Adidas, Target

Published: August 20, 2020
Author: Rajni Yadav

After two years of renewing commercial operations, the Vietnam Petrochemical and Fibre Joint Stock Company ‘s (VNPOLY) DTY yarn, produced along with a partner, has passed quality checks from two domestic customers who supply material to the Adidas group and the Target group. Around 437 tonnes of this yarn has recently been sold to the above two enterprises.

These two main material suppliers are scheduled to maintain regular orders with VNPOLY and import about 50 tonnes of fibre per week.

In addition, a number of other customers in high-end segments also plan to buy yarn produced by VNPOLY with orders of 45-70 tonnes of DTY yarn per month, according to a Vietnamese newspaper report.

VNPOLY has coordinated with its partners to produce over 2,000 tonnes of yarn in the first seven months this year. Orders from traditional customers have been maintained, including from the United States, which consumed nearly 135 tonnes of VNPOLY yarn in the past few months and ordered an additional 90 tonnes in August and September.

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