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<title>YarnsandFibers</title>
<link>http://www.yarnsandfibers.com</link>
<description>News on textile market, textile products like cotton, fiber, spun etc, news about textile market updates</description>
<language>en</language>
<webMaster>bharati@yarnsandfibers.com</webMaster>
<copyright>YarnsandFibers</copyright>
<pubDate>Fri, 04 Jul 2008 13:37:18 -0600</pubDate>
<lastBuildDate>Fri, 04 Jul 2008 13:37:18 -0600</lastBuildDate>
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<title>Textile News</title>
<url>http://www.yarnsandfibers.com/images/topbanner_logonew.gif</url>
<link>http://www.yarnsandfibers.com/news/index.php3</link>
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<item>
<title>Crude oil may touch $175 by Diwali on growing demand</title>
<link>http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15729</link>
<category>Crude Oil</category>
<pubDate>Thu, 03 Jul 2008 00:06:00 -0600</pubDate>
<description>Skyrocketing crude oil prices are likely to continue the upward march and could reach $175 a barrel by Diwali unless there is a significant decline in demand from growing economies, analysts say. 
...</description>
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<title>Singapore - ADNOC ups crude price by $8.25</title>
<link>http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15728</link>
<category>Crude Oil</category>
<pubDate>Thu, 03 Jul 2008 00:06:00 -0600</pubDate>
<description>Abu Dhabi National Oil Company (ADNOC) raised the June retroactive selling price of its key Murban crude by $8.25 to a record of $134.00 a barrel, the company said on Wednesday. 
 

But it ...</description>
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<title>Pakistan - Spot rate remains firm at cotton market</title>
<link>http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15727</link>
<category>Cotton</category>
<pubDate>Thu, 03 Jul 2008 00:06:00 -0600</pubDate>
<description>The Karachi cotton market witnessed a moderate trading session on Wednesday as most of the deals were made of the new crop 2008-09 amid strong spot rate, traders said. 
 

They said the spi...</description>
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<title>Japan - Marubeni scales down textile business</title>
<link>http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15726</link>
<category>General</category>
<pubDate>Thu, 03 Jul 2008 00:06:00 -0600</pubDate>
<description>The Japanese trading giant Marubeni Group has been downsizing its textile business in Thailand due to the shrinking market and the strong baht, which has affected its export competitiveness. The group...</description>
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<title>India - Textile industry seeks sops</title>
<link>http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15725</link>
<category>General</category>
<pubDate>Thu, 03 Jul 2008 00:06:00 -0600</pubDate>
<description>Concerned over the rise in input costs and shortage of cotton, the textile industry has urged the Centre to take immediate steps, including abolition of import duty on cotton and a ban on its exports,...</description>
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<title>Tanzania - Investors sought for local textile industry</title>
<link>http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15724</link>
<category>General</category>
<pubDate>Thu, 03 Jul 2008 00:06:00 -0600</pubDate>
<description>The Tanzania Cotton Board and the Tanzania Investment Centre have started looking for investors who would revive and promote the garment and textile industry in the country. This was said yesterday by...</description>
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<item>
<title>Brazilian textiles company building plant in Texas</title>
<link>http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15723</link>
<category>General</category>
<pubDate>Thu, 03 Jul 2008 00:06:00 -0600</pubDate>
<description>
Texas Gov. Rick Perry said a Brazilian textiles company will open a denim manufacturing plant in Edinburg that will create 800 jobs.  


Perry made the announcement Wednesday that the sta...</description>
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<title>India - Indo Rama Synthetics ups prices as demand rises</title>
<link>http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15722</link>
<category>General</category>
<pubDate>Wed, 02 Jul 2008 00:06:00 -0600</pubDate>
<description>Polyester maker Indo Rama Synthetics India Ltd raised polyester prices across categories by 4 rupees a kilogram effective July 1, amid rising demand, a top official said.  


"We increased ...</description>
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<title>BASF to reveal eco-textile initiatives</title>
<link>http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15721</link>
<category>General</category>
<pubDate>Wed, 02 Jul 2008 00:06:00 -0600</pubDate>
<description>BASF, the German multinational chemical company will be unveiling its range of ecological solutions for the textile industry at the forthcoming ITMA Asia + CITME 2008 exhibition in Shanghai later this...</description>
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<title>South Africa - Bid to mend clothing, textile sector</title>
<link>http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15720</link>
<category>General</category>
<pubDate>Wed, 02 Jul 2008 00:06:00 -0600</pubDate>
<description>The trade and industry department has finalised a comprehensive action plan to recapitalise and upgrade the clothing and textiles sector.  


This will bring the long-awaited customised sec...</description>
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<title>Asia Naphtha-India MRPL sells second July cargo</title>
<link>http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15719</link>
<category>Naphtha</category>
<pubDate>Wed, 02 Jul 2008 00:06:00 -0600</pubDate>
<description>India's Mangalore Refinery and Petrochemicals Ltd (MRPL) sold two naphtha parcels via tenders for July, the first time it sold two cargoes in a month since March, traders said on Wednesday.
 ...</description>
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<title>Australia - Sale relocation worries wool growers</title>
<link>http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15718</link>
<category>Wool</category>
<pubDate>Wed, 02 Jul 2008 00:06:00 -0600</pubDate>
<description>Hunter wool growers are hoping the decision to move a big wool sale from Newcastle to Sydney is not part of a plan to scrap all local sales.  


The industry fought hard to keep the August ...</description>
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<title>India - Alok Industries shifts focus to mass market textile segment</title>
<link>http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15717</link>
<category>General</category>
<pubDate>Wed, 02 Jul 2008 00:06:00 -0600</pubDate>
<description>Textile manufacturing company, Alok Industries, is planning to tap the growing institutional ready-made garments sector to boost its revenue. With this move, the company will be shifting its focus fro...</description>
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<title>Pakistan - Deferment of RandD support for textile sector slammed</title>
<link>http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15716</link>
<category>General</category>
<pubDate>Wed, 02 Jul 2008 00:06:00 -0600</pubDate>
<description>The meeting of the Economic Coordination Committee (ECC) here on Tuesday failed to announce Research and Development (RandD) support to the textile sector.  


Prime Minister Syed Yousuf Ra...</description>
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<title>Pakistan - Gas price hike to increase textile production cost by 15-20%</title>
<link>http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15715</link>
<category>General</category>
<pubDate>Wed, 02 Jul 2008 00:06:00 -0600</pubDate>
<description>
The recent spike in gas prices will have a spiraling effect of 15 to 20 percent on textile sectors cost of production.  


Most of the textile companies are operating their mills on capt...</description>
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<title>Taiwan Formosa shuts RFCC for 10-day repair</title>
<link>http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15714</link>
<category>Ethylene</category>
<pubDate>Wed, 02 Jul 2008 00:06:00 -0600</pubDate>
<description>Taiwan's Formosa Petrochemical Corp has shut down its 84,000 barrels per day (bpd) gasoline-making residual fluid catalytic cracker (RFCC) for a 10-day maintenance, a regional gasoline buyer said on W...</description>
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<title>China - Sinopec cutting July ethylene output to boost fuel</title>
<link>http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15713</link>
<category>Ethylene</category>
<pubDate>Wed, 02 Jul 2008 00:06:00 -0600</pubDate>
<description>Asia's top refiner Sinopec said it will continue to cut ethylene output in July after a reduction in June to boost production of refined oil products and ensure domestic fuel supplies.  


...</description>
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<title>Japan - Mitsubishi Chem delays restart of naphtha cracker</title>
<link>http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15712</link>
<category>Naphtha</category>
<pubDate>Wed, 02 Jul 2008 00:06:00 -0600</pubDate>
<description>Japan's top petrochemical maker, Mitsubishi Chemical Corp, said on Tuesday it is delaying the restart of the No.1 naphtha cracker at its Kashima plant in eastern Japan by three days to July 4.  ...</description>
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<title>China`s Sinopec Group to cut ethylene output further, increase fuel supply</title>
<link>http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15711</link>
<category>Ethylene</category>
<pubDate>Wed, 02 Jul 2008 00:06:00 -0600</pubDate>
<description>China Petrochemical Corp (Sinopec Group) said it will cut ethylene output further as part of efforts to increase fuel supply this month.  


The company has ordered two facilities to suspen...</description>
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<title>USA - Solutia mulls sale of nylon 66 business</title>
<link>http://www.yarnsandfibers.com/news/index_fullstory.php3?id=15710</link>
<category>General</category>
<pubDate>Tue, 01 Jul 2008 00:06:00 -0600</pubDate>
<description>Solutia is to consider the sale of its nylon 66 business among a number of strategic alternatives it is to review. The company, a fully integrated supplier of the material, sold under the Vydyne brand...</description>
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