India to become self sufficient in silk

Related Keywords: China, cotton, farmer, FICCI, India, market, production, silk, Smriti Irani

India
India to become self sufficient in silk
Summary: 
Union Textiles Minister Smriti Irani on Friday affirmed that India would become 'completely self-sufficient' in silk in the next two years. She said that in the production of silk, India is second after China. Irani was addressing a programme organised by business

Union Textiles Minister Smriti Irani on Friday affirmed that India would become 'completely self-sufficient' in silk in the next two years.

She said that in the production of silk, India is second after China.

Irani was addressing a programme organised by business chamber FICCI.

She also said that technical textiles is the future of textiles and that she was keen on taking it forward.

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India to benefit from the imposition of US duties on Chinese imports

Related Keywords: China, cotton, export, home-textile, India, retail, Textile, trade, US

India
India to benefit from the imposition of US duties on Chinese imports
Summary: 
The trade conflict between the US and China may be unsettling global trade. But home-textile exporters from India see a silver lining, though benefits could be insignificant if US demand remains subdued. Indian companies expect to benefit from the imposition of US duties on imports from China. Beginning September, import duties will kick in on home textiles, including towels

The trade conflict between the US and China may be unsettling global trade. But home-textile exporters from India see a silver lining, though benefits could be insignificant if US demand remains subdued.

Indian companies expect to benefit from the imposition of US duties on imports from China. Beginning September, import duties will kick in on home textiles, including towels and sheets.

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Increasing revenue and shrinking profits for Chinese garments

Related Keywords: apparel, China, clothing, enterprises, export, garment, MIIT, retail, Sales, technology

China
Increasing revenue and shrinking profits for Chinese garments
Summary: 
China's garment industry saw revenue expansion and dropping profits in the first seven months of the year, according to the Ministry of Industry and Information Technology (MIIT). In the January-July period, the combined operating revenue of major garment enterprises each

China's garment industry saw revenue expansion and dropping profits in the first seven months of the year, according to the Ministry of Industry and Information Technology (MIIT).

In the January-July period, the combined operating revenue of major garment enterprises each with an annual operating revenue of 20 million yuan (about 2.8 million U.S. dollars) rose 2.15 percent year on year to 896.2 billion yuan, MIIT data showed.

However, profits of those enterprises shrank 3.48 percent to 46.1 billion yuan compared with a year ago during the period, said the MIIT.

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ZCE to introduces more polyester products in future

Related Keywords: China, fiber, future, PET, polyester, polyethylene terephthalate, polymerization, PTA, Textile, ZCE, Zhengzhou

China
ZCE to introduces more polyester products in future
Summary: 
China's Zhengzhou Commodity Exchange (ZCE) plans to list next year polyethylene terephthalate (PET) bottle chip and polyester staple fiber (PSF) futures. ZCE said at the Zhengzhou International Futures Forum it had finished preparatory work for the two products in July and drafted first edition contract details last month. Contract sizes will be 5/t, with a contract duration of 12 months and a minimum

China's Zhengzhou Commodity Exchange (ZCE) plans to list next year polyethylene terephthalate (PET) bottle chip and polyester staple fiber (PSF) futures.

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US profits hurt by cheap foreign polyester

Related Keywords: America, China, Imports, India, market, polyester, purchasing, Recycle, Repreve, Textiles, Unifi, US, yarn

United States
US profits hurt by cheap foreign polyester
Summary: 
A major U.S. consumer of RPET enjoyed higher sales figures but suffered significantly lower net income last fiscal year. One reason was cheap polyester imports from China and India. Unifi, which recycles PET into REPREVE brand fiber, reported sales of $708.8 million during the 2019 fiscal year (the year that ended June 30, 2019). When adjusting for foreign currency

A major U.S. consumer of RPET enjoyed higher sales figures but suffered significantly lower net income last fiscal year. One reason was cheap polyester imports from China and India.

Unifi, which recycles PET into REPREVE brand fiber, reported sales of $708.8 million during the 2019 fiscal year (the year that ended June 30, 2019). When adjusting for foreign currency translation impacts, that was up 7.6% over the prior year, according to a press release.

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Ruyi Group, the only company signing the fashion pact from Mainland China

Related Keywords: Burberry, China, development, environment, fashion, Gap Inc, Nike, plastic, sustainable, Textile

China
Ruyi Group, the only company signing the fashion pact from Mainland China
Summary: 
Thirty-two leading global fashion and textile companies gathered ahead of the 45th G7 meeting to sign the Fashion Pact as environmental protection and sustainable development has become one of the most critical topics of global development. They have committed to achieving practical objectives together in three areas: Climate, Biodiversity, and Oceans, aiming to reduce the environmental impact of the fashion

Thirty-two leading global fashion and textile companies gathered ahead of the 45th G7 meeting to sign the Fashion Pact as environmental protection and sustainable development has become one of the most critical topics of global development. They have committed to achieving practical objectives together in three areas: Climate, Biodiversity, and Oceans, aiming to reduce the environmental impact of the fashion and textile industry.

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Advance Denim to become first Chinese denim mill to launch a collection made with aniline-free indigo

Related Keywords: Archroma, China, denim, fabric, indigo, innovative, manufacturer

China
Advance Denim to become first Chinese denim mill to launch a collection made wit
Summary: 
Archroma, a global leader in color and specialty chemicals towards sustainable solutions, today announced that Advance Denim Co Ltd (“Advance Denim”) will be the first Chinese denim manufacturer to offer a collection made with Archroma’s aniline-free* Denisol® Pure Indigo. Established in 1987, Advance Denim is the oldest denim mill in China. The company has its own innovative

Archroma, a global leader in color and specialty chemicals towards sustainable solutions, today announced that Advance Denim Co Ltd (“Advance Denim”) will be the first Chinese denim manufacturer to offer a collection made with Archroma’s aniline-free* Denisol® Pure Indigo.

Established in 1987, Advance Denim is the oldest denim mill in China. The company has its own innovative research and development, manufacturing and sales teams, including a 120,000 square meter manufacturing facility in Shunde, China, and well as offices in Hong Kong, Shanghai, Amsterdam and New York.

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Intertextile Shanghai Home opening this week

Related Keywords: Belgium, CCPIT, China, CHTA, Intertextile, Japan, Shanghai, technology, Textile, Turkey

China
Intertextile Shanghai Home opening this week
Summary: 
Intertextile Shanghai Home Textiles marks its 25th anniversary with an increase in exhibitors. Covering seven halls at the National Exhibition and Convention Center, around 1,150 exhibitors from 27 countries and regions will display their latest products and technologies for the home and contract textiles sectors. The 2018 expo hosted 1,091 exhibitors as well as 39,730 trade buyers from 104 countries and

Intertextile Shanghai Home Textiles marks its 25th anniversary with an increase in exhibitors.

Covering seven halls at the National Exhibition and Convention Center, around 1,150 exhibitors from 27 countries and regions will display their latest products and technologies for the home and contract textiles sectors. The 2018 expo hosted 1,091 exhibitors as well as 39,730 trade buyers from 104 countries and regions.

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East Chinese nylon production giant breaks ground

Related Keywords: adiponitrile, China, China Tianchen Engineering Corporation, hexanediamine, manufacturing, nylon, nylon 66, production, raw material, TCC

China
East Chinese nylon production giant breaks ground
Summary: 
A giant production site broke ground on Monday in east China's Shandong Province, with an annual production capacity of 1 million tonnes of new nylon materials. With a total investment of around 20 billion yuan (around 2.83 billion U.S. dollars), the site covers an area about 200 hectares in the city of Zibo. It will also have an annual production capacity of 500,000 tonnes of hexanediamine, 500,000 tonnes

A giant production site broke ground on Monday in east China's Shandong Province, with an annual production capacity of 1 million tonnes of new nylon materials.

With a total investment of around 20 billion yuan (around 2.83 billion U.S. dollars), the site covers an area about 200 hectares in the city of Zibo.

It will also have an annual production capacity of 500,000 tonnes of hexanediamine, 500,000 tonnes of adiponitrile and 500,000 tonnes of acrylonitrile.

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Indian textile sector suffering in international market

Related Keywords: apparel, Bangladesh, China, clothing, cotton, export, fabric, import, India, Textile, Vietnam, yarn

India
Indian textile sector suffering in international market
Summary: 
India ranked fifth in the global textile and clothing exports in 2018 though it was in the second position between 2014 and 2017, according to the Confederation of Indian Textile Industry. Sanjay K. Jain, chairman of the Confederation, has said in a press release that the space vacated by China was largely occupied by the least developed countries, including Vietnam and Bangladesh. India has not been able to tap the opportunities

India ranked fifth in the global textile and clothing exports in 2018 though it was in the second position between 2014 and 2017, according to the Confederation of Indian Textile Industry.

Sanjay K. Jain, chairman of the Confederation, has said in a press release that the space vacated by China was largely occupied by the least developed countries, including Vietnam and Bangladesh. India has not been able to tap the opportunities because of its competitive disadvantages and trade barriers in the international markets.

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