With global ethylene market dominated by polyethylene demand and naphtha and ethane based supply, the change in spreads between them become ardently important. Asian ethylene industry historically has expanded with naphtha crackers, although cheap ethane and coal based feedstock projects are justifying massive investments now. The region will see
Led by Professor Xiaoming Tao, researchers at The Hong Kong Polytechnic University have developed a new yarn manufacturing technology that can increase productivity with less energy consumption. The technology has been named Nu-TorqueTM. The
Pakistan cotton prices for the second consecutive session moved lower. On Tuesday, cotton prices came under pressure due to lack of buying interest. The Karachi Cotton Association (KCA) also reduced its spot rates for second straight session by
The Pakistan commerce ministry has proposed zero-rating for major exportable products which includes textile and clothing in the next budget. The proposal of zero-rating would mean no tax, no refund. The other major exportable items are carpets,
The Ethiopian government to improve its textile sector and boost exports is planning to make investment to the tune of US$1bn in industrial parks over the next decade. This will help enhance the country’s overall position as a major manufacturer.
Raymond, the branded home textile market in India, rechristened its bed and bath range of home furnishing products as Raymond Home. According to a top official of the brand with home fashion becoming a very important element in day-to-day life,