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India - Garment exporters flay Government`s numbers, say orders shrinking
22 May , 2012 - India [Free]
Garment exporters have raised concerns over the Government's recent export figures on the sector saying that the numbers are “inflated” and the situation is not as robust as the official numbers indicate. According to the Directorate Ge....

Egypt - Sidi Kerir unit gets 5 offers for ethylene project
22 May , 2012 - Egypt [Free]
Egyptian Co. for Ethylene Production, a unit of Sidi Kerir Petrochemicals Co. (SKPC), received five offers for construction of a polyethylene plant, Al-Mal reported, citing Ahmed Helmi, the unit’s chairman. The company has government a....

Ukrainian billionaire to invest €1.7bn in petrochemicals
22 May , 2012 - Ukraine [Free]
Ukrainian billionaire Dmitry Firtash considering investing more than €1.7-2bn in the country’s petrochemical business over the next 7-8 years. Firtash says the money will go towards increasing production methyl, propylene, ethylene, p....

National Spinning acquires Carolina Nonwovens
22 May , 2012 - USA [Free]
National Spinning Co. Inc., Washington, N.C., has acquired Carolina Nonwovens Corp., Lincolnton, N.C., a manufacturer of airlaid and thermobonded products for automotive, bedding, foam replacement, furniture, geotextile and insulation applications. ....

Kuraray Co., Ltd. acquires MonoSol, LLC
22 May , 2012 - USA [Free]
Kuraray Co., Ltd. (Kuraray) and MonoSol, LLC announced today that Kuraray has agreed to acquire MonoSol, LLC (MonoSol), a market-leading manufacturer of water-soluble polyvinyl alcohol (PVA) films. This acquisition by Kuraray supports its strategy to....

Lear to acquire Guilford Performance Textiles
22 May , 2012 - USA [Free]
Lear Corp., Southfield, Mich., has agreed to acquire Guilford Performance Textiles, Wilmington, N.C., from Cerberus Capital Management LP, New York City. Guilford's history dates from 1946, when its operation comprised two knitting ma....

Mount Vernon Mills expands US capacity for flame resistant fabrics
22 May , 2012 - USA [Free]
Mount Vernon Mills today announced that the company has more than doubled its capacity to produce flame resistant (FR) fabrics in its manufacturing facilities located in Trion, Georgia. The expansion will enhance the company's ability to meet incre....

Gildan Activewear Inc acquires Anvil Holdings
22 May , 2012 - USA [Free]
Gildan Activewear Inc., Montreal, has agreed to acquire New York City-based activewear manufacturer Anvil Holdings Inc. for $88 million. Anvil Holdings operates primarily through its Anvil Knitwear unit, which supplies basic T-shirts ....

India`s textile makers eye increased export to PHL
22 May , 2012 - India [Free]
Textile manufacturers from India are eyeing increased market share in the country’s market demand for textile products. A two-day textile exhibition dubbed Intexpo Philippines 2012 to be held on May 23 and 24 at the Dusit Thani Hotel ....

Thai IRPC to buy 25 pct of Ube Chemicals for $169 mln
22 May , 2012 - Thailand [Free]
Board approves plan to spend 5.3 billion baht ($169 million)on a 25 percent stake in Ube Chemicals (Asia) Pcl, a unit of Japanese-based Ube group, it said in a statement to the stock exchange The deal will involve buying 193.48 millio....

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