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| | | Bangladesh textiles unravelled by price war, protests | | 03 Jul, 2009 - Bangladesh [FREE] |
Two years ago, Mohammad Kamaluddin packed his meagre belongings and left behind a paltry farmhand's salary in search of a better wage in the booming textile factories of the Bangladeshi capital, Dhaka. His timing could hardly have been worse. Banglad.... |
| | | Pakistan - NWFP carpet industry produces $150 million worth annually | | 03 Jul, 2009 - Pakistan [FREE] |
The Carpet industry business, worth US $150 million, takes place annually in the NWFP, in which 70 percent products are produced locally and the rest come from neighbouring Afghanistan. This was stated by the members of a delegation of the Pakistan H.... |
| | | China`s MMF industry posts 35% fall in profits | | 03 Jul, 2009 - China [FREE] |
According to the China National Bureau of Statistics, the profits of industrial enterprises (with an annual turnover of over 5 million yuan) decreased by 22.9% during January-May 2009 year-on-year to 850.2 billion yuan. Of this, the man-made fiber in.... |
| | | China`s vigorous demand pushes up caprolactam prices | | 03 Jul, 2009 - China [FREE] |
According to Ube Industries, Ltd., the market for caprolactam is heading upward. This is the result of vigorous demand in China, and the June contract prices for Korea and Taiwan were as high as US$1,760/ton, or about US$100 higher than the previous .... |
| | | India Haldia Petchem shuts naphtha cracker after fire | | 03 Jul, 2009 - India [FREE] |
India's Haldia Petrochemicals had shut its 520,000 tonnes per year (tpy) naphtha cracker, following a small fire just after midnight, industry sources said on Friday.
The company is still investigating the cause of the fire, and it was .... |
| | | Cotton output may increase in Pak, US, India | | 03 Jul, 2009 - India [FREE] |
Cotton production is expected to increase in the three largest producing countries after China that is India, United States and Pakistan.
However, significant production declines are expected in Turkey, Brazil and the CFA zone.
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| | | Pakistan - APTMA says govt broke promises made before budget | | 03 Jul, 2009 - Pakistan [FREE] |
All Pakistan Textile Mills Association that generally avoids confronting the government threw caution to the wind and lashed out against the economic managers of the country accusing them of failing to fulfil the promises they made with the millers b.... |
| | | Pakistan - APTMA against restricting import of polyester | | 03 Jul, 2009 - Pakistan [FREE] |
All Pakistan Textile Mills Association (APTMA) has reacted strongly to the Polyester Staple Fibre (PSF) manufacturers’ application to the National Tariff Commission (NTC) for doubling the protection against import of PSF.
The APTMA sp.... |
| | | ADNOC awards $1bn contract for Ruwais plant | | 02 Jul, 2009 - United Arab Emirates |
Abu Dhabi’s plastics manufacturer will more than double its output after sealing a US$1 billion (Dh3.67bn) deal for an ethane cracker at its new plant in Ruwais.
Abu Dhabi National Oil Company’s (ADNOC) subsidiary Borouge announced yes.... |
| | | US June ethylene contracts settle up 3 cents/lb | | 02 Jul, 2009 - USA [FREE] |
June US ethylene contracts were settled up by 3 cents/lb ($66/tonne, €47/tonne) at a net price of 33.5 cents/lb, a market participant said on Thursday.
Other participants were not immediately available to confirm the settlement, but s.... |
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