Egypt to scale up cotton cultivation and exports back

Related Keywords: area under cultivation growing, cotton cultivation back, Egypt looks to win back, Egypt plans to scale, Egyptian long staple cotton, exports going to grow, head of the Alexandria Cotton Exporters Association, long staple American cotton, market share, Nabil al-Santaricy, primary competitor of Egypt, sell at a price less than California Prima

Cairo
Egypt to scale up cotton cultivation and exports back
Summary: 
Egypt plans to scale its cotton cultivation back. Nabil al-Santaricy, head of the Alexandria Cotton Exporters Association, referring to long-staple American cotton, Egypt's primary competitor said that the area under cultivation is growing and exports are also going to grow and they can now sell at a price that’s less than California Prima.

Egypt plans to scale its cotton cultivation back. Nabil al-Santaricy, head of the Alexandria Cotton Exporters Association, referring to long-staple American cotton, Egypt's primary competitor said that the area under cultivation is growing and exports are also going to grow and they can now sell at a price that’s less than California Prima.

This year the area planted rose to about 220,000 acres and is expected to hit up to 500,000 acres in the next two to three years, according to cotton traders.

https://www.reuters.com/article/us-egypt-cotton-idUSKBN1AQ22M
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SASA plans to invest USD 70mn for new fiber production plant

Related Keywords: DMT, filament yarn, increase its present production capacity, investment is planned to be applied in about late next year, leading producer for PSF, market share, new fiber production plant, plan to invest USD seventy million, SASA

Istanbul
SASA plans to invest USD 70mn for new fiber production plant
Summary: 
SASA, a leading producer in the world for polyester staple fibers, filament yarns, polyester-based and specialty polymers and intermediates (DMT), announced that they plan to make investment of USD 70 million for the new fiber production plant. This was decided at the Board of Directors meeting.

SASA, a leading producer in the world for polyester staple fibers, filament yarns, polyester-based and specialty polymers and intermediates (DMT), announced that they plan to make investment of USD 70 million for the new fiber production plant. This was decided at the Board of Directors meeting.

The investment is made due to the company’s need to increase its present production capacity and market share; and the investment is planned to be applied in about late 2017.

http://www.textileworld.com/textile-world/2016/04/sasa-commits-to-major-textile-fiber-production-plant-investment/
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APTMA urge withdrawal of GIDC from entire textile chain

Related Keywords: absence of liquidity flow, APTMA, decrease in textile exports, entire textile chain, Gas Infrastructure Development Cess, high cost of doing business, indicate decrease in foreign exchange earning of the country, market share, textile industry already burdened, to regain competitive edge, urge government to completely remove GIDC

Islamabad
APTMA urge withdrawal of GIDC from entire textile chain
Summary: 
All Pakistan Textile Mills Association (APTMA) has urged the government to completely remove the Gas Infrastructure Development Cess (GIDC) from the entire textile chain to enable it to regain its competitive edge and market share.

All Pakistan Textile Mills Association (APTMA) has urged the government to completely remove the Gas Infrastructure Development Cess (GIDC) from the entire textile chain to enable it to regain its competitive edge and market share.

Tariq Saud Chairman APTMA in view of declining oil prices and natural gas prices in the international market there is no justification for imposition of GIDC on textile industry which is already burdened and has become uncompetitive vis-à-vis to their regional competitors in the absence of liquidity flow and high cost of doing business.

http://www.brecorder.com/cotton-a-textiles/185/33481/
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Indian textile, garment material suppliers to raise 25pc market share in Vietnam by 2018

Related Keywords: cloth, cotton, fiber, garment products, Indian textile and garment material supplier, input material, largest importer, market share, Vietnam textile industry

Vietnam
Indian textile, garment material suppliers to raise 25pc market share in Vietnam
Summary: 
At present, Vietnam is the world’s third largest importers of textiles and ranks fifth on the list of the largest suppliers of garment products. On the other hand, India is the world’s second largest producer of input materials for the textile and garment industry, such as cotton, cloth and fiber. Keeping this in mind, the Indian textile and garment material suppliers have drawn up a plan to raise their market share in Vietnam to 25 percent by 2018.

At present, Vietnam is the world’s third largest importers of textiles and ranks fifth on the list of the largest suppliers of garment products. On the other hand, India is the world’s second largest producer of input materials for the textile and garment industry, such as cotton, cloth and fiber. Keeping this in mind, the Indian textile and garment material suppliers have drawn up a plan to raise their market share in Vietnam to 25 percent by 2018.
 

http://tuoitrenews.vn/business/21585/indian-textile-garment-material-suppliers-look-to-increase-market-share-in-vietnam
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