Europe Grows the Flax and Asia Spins It: a 30 Million Euro Mill at Santo Tirso Starts Up to Take That Step Back
Calvelex, Mundifios, Paulo de Oliveira and Riopele have put 30 million euros into Portugal's only flax and hemp wet-spinning plant, with China's Kingdom Holdings as partner. It sits in a rebuilt Filatex shed at Rebordoes and expects about 250 workers.