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Ethylene, petrochemical prices plunge globally
23 May , 2012 - Global [Free]
Ethylene prices are in free fall around the globe, pushed lower on falling natural gas and petroleum, as well as weak downstream demand. Pricing service ChemOrbis said spot ethylene values have lost $45/ton on CFR Northeast Asia basis the first two t....

India - Textile Park in Bathinda to attract investment upto 50,000 crore
23 May , 2012 - India [Free]
The Textile Park proposed at Bathinda by the Punjab government is likely to attract investment upto Rs 50,000 crores after more than 24 industrial houses have expressed interest to set up their textile units. The following information ....

India - Textile firms seek govt intervention to stop job losses, closure
23 May , 2012 - India [Free]
Due to the impact of slowdown in global markets, the textiles industry has sought immediate government intervention to stop job losses and closure of small units, said Apparel Export Promotion Council (AEPC) in release on Wednesday. "Ab....

Mozambique - Gaza Company exports 200 tons of cotton to South Africa
23 May , 2012 - Mozambique [Free]
The cotton ginning factory in the town of Nhancutse, in the southern Mozambican province of Gaza, has exported 200 tonnes of processed cotton to neighbouring South Africa since it began operations last year. The director of Companhia A....

Value of wool exports soars with China main buyer
23 May , 2012 - China [Paid]
The value of wool exports up to the end of March stood at R1.9 million as compared with R1.1 million for the whole of last year. The selling season lasts from August to June. In a presentation to the Exporters Club, Cape Woo....

Saudi Aramco offers naphtha at record prices
23 May , 2012 - Saudi Arabia [Free]
Saudi Aramco, the top naphtha supplier to Asia, offered naphtha supplies for lifting in the H2 of this year at premiums of USD 25 per tonne to USD 33 per tonne to its own price formula making these the highest offers it has ever quoted. ....

Bangladesh faces uneven competition in RMG export
23 May , 2012 - Bangladesh [Free]
EPB director general Salahuddin Mahmud here today said that Bangladesh is facing an uneven competition in export of goods to the US paying higher rate of duty in the RMG sector. "Some developed countries and our neighbouring developing....

USA - Graniteville Specialty Fabrics acquires Coating Machines
23 May , 2012 - USA [Free]
Graniteville Specialty Fabrics, a recognized leader in the production of specialty coatings and coated fabrics, announced today the purchase of two coating machines from Mascoe Systems Corporation, the largest manufacturer of coating machines in the ....

India - Production from NTC mills on rise since 2009-10
23 May , 2012 - India [Free]
The government has said that production from mills under the National Textiles Corporation (NTC) has been on the rise since 2009-10. Cloth production has increased to 120.25 lakh metres in the last financial year from 89.91 lakh metres in 2010-11, Te....

India - Exporters suffer as buyers demand discounts
23 May , 2012 - India [Free]
While the exporters were happy with depreciating Indian rupee against the dollar, their happiness has not lasted long. With the Indian rupee continuing its depreciation against the dollar, exporters who were earlier cheering for getting more rupees f....

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