§ 6. Mr. Jannerasked the President of the Board of Trade what progress is being made with the production in this country of the British textile discovery terylene; and what special steps are being taken to facilitate its production here on a sufficient scale to build up an effective export trade.
§ The President of the Board of Trade (Mr. Peter Thorneycroft)Production of terylene is at present limited to the output of a pilot plant. A full-scale plant, involving a heavy capital investment, is under construction, and should be in operation towards the end of 1954. Every effort is being made by the company concerned, with the support of the interested Government Departments, to complete the new plant at the earliest date possible.
§ Mr. JannerAs this is very valuable material—and the President is no doubt aware that a very large export trade could be encouraged in it—will the right hon. Gentleman hasten the production of this material, instead of waiting until 1954?
§ Mr. ThorneycroftThose concerned with the building of this plant are hastening it, and we are giving them all the aid we can.