A new fabric production plant is to be opened in Guatemala by Nextil Group, Madrid/Spain, one of the largest European textile groups. The state-of-the-art plant, with an area of 25,000 m², is expected to come on stream in the 1st quarter of 2023.
With an overall investment of € 40 million, the new production plant will have 350 local employees with this number expected to grow as the pace of production steps up. The plant will also train Guatemala university students who wish to go into the textile sector.
The plant will optimize its cost structure in line with other plants in the group and will maintain the certifications of origin for its products. The basic principle of the Greendyes dyeing method will also be applied at this new plant. This patented dyeing process features low water consumption, no toxic products and execution at ambient temperature, thereby considerably reducing energy consumption.
In keeping with its policy of environmental commitment, the company will implement a plan to maintain a low carbon footprint and incorporate cutting-edge machinery and advanced systems in energy saving, rainwater treatment and reuse of resources, among others.