News Tags

Related Keywords: boost exports, concluded business deals worth around USD eighteen million, fully automatic jeans manufacturing machine displayed, GTex Intl B2B Textile Machinery Brand Expo, latest innovation and technology, leading international brands, major players of industry participate, only exhibition of Pakistan Textile Sector, TDAP, United Machinery

GTex Int'l B2B Textile Machinery Brand Expo, the only exhibition of Pakistan Textile Sector in which all major players of industry participate with their leading international brands was opened on Friday, 11th August 2017to 13th August 2017, Sunday with expected business deals worth around $17.2 Million.

The event was organized by Global Enterprise at Lahore Expo Centre which covers Textile, Garment, Digital Printing, Embroidery, Leather Machinery, Chemical & Dyes, Energy and Apparel.

Related Keywords: attract Chinese investment, Caribbean country, Cuba silk industry, explore new area of bilateral growth, guidance on improving, Ministry of Agriculture of China, new techniques in silk development, production and industrialization of silk, Seminar in Havana, sponsored by Center for Foreign Economic Cooperation, ways to expand silk production

The seminar sponsored by the Center for Foreign Economic Cooperation (CCEE) of the Ministry of Agriculture of China where leaders from China and Cuba’s silk industry gathered in Havana on Friday to discuss ways to expand silk production in the Caribbean country and offered guidance on improving the production and industrialization of silk in Cuba. It also plans to explore a new area of bilateral growth.

The day included conferences, visits to production sites and workshops where participants learned new techniques in silk development.

Related Keywords: cotton bales, decline in prices, domestic market, increase in arrivals, KCA, KCE, kept general prices in green zone, Lint market, premium price, remains selective on grade issue, shrinking better grades of lint, slightly high price, some buyers made deals, some deals made for second grade stuff, spot rate, trading activity

Trading activity at lint market remains selective on grade issue while some buyers made deals on slightly high price on shrinking better grades of lint that also kept general prices in green zone. Also some deals were made for second grade stuff on premium price.

Some of the leading buyers in Sindh and Punjab stations during trading session made forward deals on slightly higher price at around Rs6,725 per maund for consolidating inventories, floor brokers said.

Related Keywords: Danish textile company, expect fine growth rates, feminine hygiene, Fibertex Personal Care, make investment of USD sixty million, part by a Job Development Investment Grant, planning its first U.S. manufacturing facility, products including diapers

Fibertex Personal Care, a Danish textile company planning its first U.S. manufacturing facility in Randolph County by December 2021 for which they will make investment to the tune of $60 million, Governor Roy Cooper announced on Monday.

Fibertex Personal Care makes a variety of products including diapers, feminine hygiene and incontinence care products. It has 600 employees at facilities in Denmark, Malaysia and Germany.

Related Keywords: amenities and ecosystem for manufacturers to operate, Customised facilities, Delegation from Korea Federation of Textile Industries, explore business and investment opportunities, invited textile giants to consider investment, KOFOTI, logistic, met Telangana Industries and IT Minister, provide skilled manpower, upcoming textile park in Warangal

The delegation from the Korea Federation of Textile Industries (KOFOTI), led by its chairman and Youngone Corporation chief Kihak Sung, who is in India to explore the business and investment opportunities in the country on Wednesday met the Telangana Industries and IT Minister, K T Rama Rao. He invited textile giants in South Korea to consider investing at the upcoming Kakatiya Textile Park in Warangal.

Related Keywords: an initiative of the Centre, attract FDI, currently contributes about fourteen percent, four percent to GDP, Increasing FDI is a reason to cheer for the sector, Indian economy, Industrial Production, Investment India, Ministry of Textiles, one of the oldest industries, seventeen to the country export earnings, Textile, witnessing huge FDI inflows

Textile, one of the oldest industries in the Indian economy dating back several centuries, is witnessing huge FDI inflows, according to Investment India, an initiative of the Centre to attract FDI. Increasing FDI is a reason to cheer for the sector which currently contributes about 14% to industrial production, 4% to GDP, and 17% to the country’s export earnings, according to the Annual Report 2016-17 of the Ministry of Textiles.

Related Keywords: affordable, Atlanta based robotic sewing company, attractive for all, collaborate with Fashion for Good, facilitate change that is accessible, global initiative, home goods, reimagine way fashion is designed, Scaling Programme, SoftWear Automation, T shirt and apparel, use of fully automated Sewbot worklines, work together to encourage widespread

An Atlanta-based robotic sewing company, SoftWear Automation will be collaborating with Fashion for Good, a global initiative through Fashion for Good’s Scaling Programme to facilitate change that is accessible, affordable and attractive for all. They will work together to encourage the widespread use of fully automated Sewbot worklines for T-shirts and apparel, footwear and home goods.

Related Keywords: Cotton growers, cottonseed prices down, ginners had oversold lint, Karachi Cotton Association, Karachi cotton exchange, KCE recorded eleven transactions, kerb market, local farmers, necessary measures, providing level playing field, reduce the import of cotton, spot rates fell, trading remain active

At the Karachi Cotton Exchange on Tuesday, trading remain active while spot rates fell Rs50/maund to Rs6,250/maund (37.324kg) and Rs6,698/40kg. Ex-Karachi rates also dropped to Rs6,395/maund and Rs6,853/40kg after an addition of Rs145 and Rs155 as upcountry expenses, respectively.

KCE recorded 11 transactions of around 15,000 bales at a price of Rs6,225 to Rs6,400/maund. Transactions were recorded from Mirpurkhas, Sanghar, Hyderabad, Kotri, Shahdadpur, Tando Adam, Qaboola, Burewala, Sahiwal, Khanewal and Chichawatni.

Related Keywords: achieve zero liquid discharge, Central Salt and Marine Chemicals Research Institute, CETP, CSIR CSMCRI, environmentally sustainable, helped textile processing units of Tirupur, making Tirupur textile dyeing units, Scientists of Gujarat based, set up the States first common effluent treatment plant, textile valley of India

Scientists of Gujarat-based Central Salt and Marine Chemicals Research Institute (CSIR-CSMCRI) have helped textile processing units of Tirupur, India’s textile valley set up the State’s first common effluent treatment plant (CETP) in Chinnakarai making Tirupur textile dyeing units environmentally sustainable and achieve zero liquid discharge.

CETP will separate sodium chloride and sodium sulphate from solid residue. Over the years, the solid residue from the textile units has piled up to the extent of 6,000 tons and is going to landfills posing a major environmental hazard.

Related Keywords: acquire DuraFiber Technologies México Operations, entered negotiations, global chemical producer, high value added automative segment, Indorama Ventures Public Co Ltd, industrial, Mexican producer of durable technical textiles, specialty applications globally, strategy of pursuing accretive growth opportunity, tire reinforcement

A global chemical producer, Indorama Ventures Public Co Ltd. (IVL), has entered negotiations to acquire DuraFiber Technologies México Operations, S. A. DE C. V. (DFT), a Mexican producer of durable technical textiles for industrial, tire reinforcement, and specialty applications globally.

Aloke Lohia, Indorama Ventures group CEO, said that the acquisition of DuraFiber is strongly aligned with their strategy of pursuing accretive growth opportunities in the high value-added automotive segment.