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| | | China - Cotton imports seen lower as textile industry stagnates | | 09 May, 2008 - China [FREE] |
China will import a smaller quantity of cotton during the sector's fiscal year 2007, which ends in August, an industry official said on Wednesday.
Cotton imports will fall because the stagnant textile industry needs less yarn, Shi Jian.... |
| | | PetroLogistics announces 1.2 billion pound propylene project | | 09 May, 2008 - USA [FREE] |
PL Propylene LLC, a PetroLogistics company, announced today the commencement of a project to construct a 1.2 billion pound capacity propane dehydrogenation plant to produce propylene. The facility will be located in the vicinity of the Houston Ship C.... |
| | | India - Haldia Petro buys out L and T stake in JV for Rs 180 cr | | 09 May, 2008 - India |
Haldia Petrochemicals (HPL) has acquired Larsen and Toubro’ (L and T’) 51% stake in HPL Cogeneration (HPLCL) at a consideration of Rs 180 crore.
A 51:49 joint venture between LandT and HPL, HPLCL runs a 116 mw power station at Haldia. .... |
| | | India - Jute mills seek funds for modernisation | | 09 May, 2008 - India [FREE] |
Although modernisation is essential for both survival and revival of the jute industry, mills find it an uphill job because of the high capital investments required. A 50,000 tons a year production unit requires an investment of around Rs10 crore and.... |
| | | Pakistan - Steady condition continues on cotton market | | 09 May, 2008 - Pakistan [FREE] |
With decreasing ready stocks of cotton from the current crop (2007-08) remaining unsold with the ginners and the forthcoming season (2008-09) still several months away before it can provide sizeable supplies to the domestic textile industry, lint pri.... |
| | | India - Trading in futures contracts for cotton resumes | | 09 May, 2008 - India [FREE] |
The cotton hedge trading has been resumed on Karachi Cotton Exchange after a gap of 32 years with the finalisation of a deal of 200 bales of the 2008-09 crop for August delivery. Market sources told Business Recorder on Thursday that traders and text.... |
| | | India - Cotton wastes shortage hurts spinning mills in TN | | 09 May, 2008 - India [FREE] |
Open end (OE) spinning mills in Tamil Nadu are in a tight spot as cotton wastes, their principal raw material, go scarcer forcing them to curtail production.
They are, like the ring spinning mills, confronted with spiralling prices in c.... |
| | | China cotton prices may keep stable in 08 | | 08 May, 2008 - China [FREE] |
There is a little possibility that China’ cotton prices will fluctuate sharply because supply in the nation can meet demand basically in 2008, according to a forum held in the eastern Chinese city of Hangzhou.
Many textile companies in .... |
| | | India - Investment in textile industry increases to Rs.31,000 crore | | 08 May, 2008 - India [FREE] |
Union Minister of State for Human Resource Development M.A. Fatmi has said that during the past three years investment in the country’ textile industry had increased from Rs.11,628 crore to Rs.31,000 crore. He was addressing a gathering after laying .... |
| | | China may resume favorable policy to spur textile export | | 08 May, 2008 - China [FREE] |
The downturn of China’ textile industry has set off broad attention from the Chinese authorities. Now Chinese government is working out on some favorable policies for the industry.
China kicked off tightening monetary policies since ear.... |
| | | India - Bengal seeks PPP ventures in textile sector | | 08 May, 2008 - India |
The West Bengal government is looking for joint ventures with private institutions to develop skilled manpower for the textile industry. The government is also asking technical institutions such as Bengal Engineering and Science University and Jadavp.... |
| | | Sinopec Zhenhai Refining and Chemical to expand capacity | | 07 May, 2008 - China |
Sinopec Zhenhai Refining and Chemical Company, one of the biggest refineries in Asia, decides to expand its annual refining capacity to 23 million tons by September 2009 from current 20 million tons.
Jiang Zhenghong, head of the company.... |
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