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| | | China - Jiangsu Mills attempt to adjust production | | 24 Jul, 2008 - China [FREE] | The profit squeeze on China's textile mills continues. In Jiangsu Province, a very important market, mills are reacting in a variety of ways to this situation. Spinners and weavers of man-made fiber appear to be the most adversely affected, with some.... |
| | | Pakistan - Price-hike continues in cotton market | | 24 Jul, 2008 - Pakistan [FREE] | Price-hike continued in cotton market as there had been an increase of Rs 25 per maund in the existing asking prices.
The KCA sources said that the prices showed rising trend as the market was portraying a better trade picture. The sou.... |
| | | Indian Bt Cotton to hit market soon | | 24 Jul, 2008 - India [FREE] | Move over Bt Cotton produced by MNCs, India’s own Bt Cotton is all set to storm the fields next year with the Nagpur-based Central Institute for Cotton Research coming up with the desi version seeds.
Cotton farmers in the country will .... |
| | | China`s cotton imports slide on slackening textile exports | | 24 Jul, 2008 - China [FREE] | As a major textile producer, China is the world's largest cotton importer, but its appetite for the fiber has been affected by weaker growth in textile exports, official statistics show.
China imported 211,000 tons of cotton in June, d.... |
| | | India - Govt ignoring synthetic textiles | | 24 Jul, 2008 - India [FREE] |
Conventionally, India’s polyester producers have enriched themselves through the policy of opportunity pricing, euphemistically called import parity pricing. This has inflated the cost of downstream synthetic textile industry, and forced it to look.... |
| | | India - Century Textiles profit down by 40% | | 24 Jul, 2008 - India [FREE] | Net profit at India’s Century Textiles and Industries Ltd., dropped to Rs 625 million for the quarter ended June 30, 2008, compared to Rs1,041 million a year ago.
The decline came despite total sales income rising from Rs 8.6 billion t.... |
| | | Israel - 230 textile workers fired in first quarter | | 24 Jul, 2008 - Israel [FREE] | The weakness of the dollar-shekel exchange rate and a slowdown in the US economy are starting to affect local textile and fashion manufacturers, forcing factories to lay off employees, the Textile and Fashion Association said Wednesday.
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| | | Thailand - Thai PTT Chemical sees weaker margins in H2 | | 24 Jul, 2008 - Thailand [FREE] | PTT Chemical PCL PTTC.BK (PTTCH), Thailand's largest olefin maker, said on Thursday it expected margins in the second half of the year to be lower than in the first half due to the rising cost of natural gas.
"Second-half margins should.... |
| | | Sinopec Shanghai Petrochemical lost CNY600-700mn in Q1 | | 24 Jul, 2008 - China [FREE] | Sinopec Shanghai Petrochemical Co., Ltd. lost CNY 600 million to CNY 700 million in oil refining business in the first quarter of 2008.
As a leading petrochemical company listed both home and abroad, SPC is in a predicament that China.... |
| | | Japan petchem firms turn to butane vs costly naphtha | | 24 Jul, 2008 - Japan [FREE] | Japanese petrochemical firms are using more butane for ethylene production to ease reliance on costlier naphtha and improve margins to face competition from cost-efficient Middle East crackers.
The rising use of alternatives in recent y.... |
| | | SABIC`s plans to streamline and invest in Tees operations | | 24 Jul, 2008 - United Kingdom [FREE] | SABIC Europe recently announced plans to re-structure its aromatics operations based on Teesside following a wide-ranging review of the long-term viability of the business.
The plans involve closure of the Aromatics 2 unit at SABIC's N.... |
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