Tannery of the Year finalist eyes overseas expansion

13/07/2015
Tannery of the Year finalist eyes overseas expansion
Fujian-based tannery Xingye Leather Technology has announced that it will use recently raised funds to expand, and has earmarked the investment for a venture in Indonesia.

The winner of the Tannery of the Year for China in 2011 aimed to secure $128 million from a private placement of shares last month.

All Tannery of the Year reports can be downloaded by World Leather subscribers from the Tannery of the Year or Technical Library sections in the World Leather Zone.

Image: Xingye's research and development centre.
Credit: WTP