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Related Keywords: acquire Baltic Linen Co Inc, acquisition of Baltic Linen will result in making Sobel Westex, and distributor of linen and terry, and hospitality industries, cruise lines, designer, healthcare, manufacturer, one of the world largest global textile companies, Sobel Westex, supplier of bed and bath textiles for retail

Sobel Westex, a designer, manufacturer, and distributor of linen and terry, to acquire Baltic Linen Co., Inc., a supplier of bed and bath textiles for retail, cruise lines, healthcare, and hospitality industries. The acquisition of Baltic Linen will result in making Sobel Westex one of the world’s largest global textile companies.

The acquisition joins two dominant textile companies to create a U.S.-based, global enterprise that will be highly competitive across all textile sectors, according to the company.

Related Keywords: approved incentives, create and save jobs, CTCP, Department of Trade and Industry of South Africa, DTI, help boost the clothing and textile sector, opportunities to keep it sustainable, PIP, through the Production Incentives Programme, within the Clothing and Textiles Competitiveness Programme

The Department of Trade and Industry (DTI) of South Africa, to help boost the clothing and textile sector through the Production Incentives Programme (PIP) within the Clothing and Textiles Competitiveness Programme (CTCP), has approved R4.9 billion in incentives, with more thanR3.1 billion disbursed in the last financial year to create and save jobs in the sector, said Trade and Industry Minister Rob Davies.

Throughout the sector, a number of companies that qualified and drew from both programmes were able to save 81 252 jobs, while an additional 9 672 jobs were created.

Related Keywords: attracts nearly one thousand two hundred exhibitors, equipment for the textile and garment industry, Fabric and Garment Accessories Expo, Saigon Tex, showcasing a wide range of cutting edge machinery, twenty three countries and territories, under way in HCM City, Vietnam Saigon Textile and Garment Industry

The Vietnam Saigon Textile and Garment Industry / Fabric and Garment Accessories Expo (Saigon Tex) which is under-way in HCM City, has attracted nearly 1,200 exhibitors from 23 countries and territories, including Belgium, Canada, China, the Czech Republic, France, Germany, Hong Kong, India, Indonesia, Italy, Japan, South Korea and Vietnam.

The expo is showcasing a wide range of cutting edge machinery and equipment for the textile and garment industry.

Related Keywords: create new jobs., flexibility for customers, MAS Holding, move designed to improve speed to market, Randolph County in US, set to open its first manufacturing and development centre, Sri Lankan apparel and fabric manufacturing conglomerate

Sri Lankan apparel and fabric manufacturing conglomerate MAS Holding is set to open its first manufacturing and development centre in the US in Randolph County in a move designed to improve speed to market and flexibility for its customers and will also create 133 new jobs. This was announced by Governor Roy Cooper.

North Carolina enjoys a worldwide reputation as a center for textile research and workers. Their excellent business climate and location offer international firms an ideal place to reach and serve customers in the United States.

Related Keywords: acquire a refining petrochemical complex, boost fuel and chemical production in Asia, ExxonMobil, in talks with Singapore firm, in the world at one million tons per year, proposed JAC acquisition will boost ExxonMobil paraxylene capacity, Singapore already ExxonMobil biggest paraxylene production base

ExxonMobil is in talks with Singapore firm to acquire a refining-petrochemical complex in Singapore that could boost its fuel and chemical production in Asia.
Singapore is already ExxonMobil’s biggest paraxylene production base in the world at 1 million tons per year (tpy), according to its 2016 annual report.
The proposed JAC acquisition will boost ExxonMobil’s paraxylene capacity to 1.8 million tpy and add another 2.5 million tpy of oil products output.

Related Keywords: attractive cotton prices, Boom in Australian cotton crop production, cheap water and strong overseas demand, continue increasing sowing, continue next season, encouraged Australian cotton growers, fibre wins acres from other crops, good returns prompt farmers, hare of dryland cotton has increased significantly.

The boom in Australian cotton crop production will continue next season, as good returns prompt farmers to continue increasing sowing and as result the fibre wins acres from other crops, US officials said.

The US Department of Agriculture's bureau in Canberra forecast 2017-18 cotton production at 5.0m bales, up from 4.6m bales in the previous season, due to attractive cotton prices, cheap water and strong overseas demand.

Related Keywords: apparel, decisionmakers from local textile industries, DKTE Ichalkaranji for Technical textiles, home textiles and carpet, host B to B forums and technology conferences, in USA and Mexico City this November, industry experts from well-known VDMA member companies, present practice oriented technology topics, such as fibre and yarn, VDMA Textile Machinery Association

The VDMA Textile Machinery Association to host B2B forums and technology conferences in USA and Mexico City during this November where industry experts from well-known VDMA member companies will present practice-oriented technology topics to decision-makers from the local textile industries, such as fibre and yarn, apparel, home textiles and carpet, technical textiles, nonwovens and composites industry.

The high-quality events are primarily aimed at technical management, production managers, quality and maintenance managers, as well as mill owners, among other decision-makers.

Related Keywords: commerce minister announced, disbursed in the coming few days, first installment of the Rs hundred and eighty billion, Khurram Dastgir Khan, number of power projects will come online, Seminar on the Ease of Doing Business in Pakistan, textile incentive package

At a seminar on the ‘Ease of Doing Business in Pakistan’, Khurram Dastgir Khan, commerce minister announced that the first installment of the Rs180 billion textile incentive package will be disbursed in the coming few days as funds have been released for the purpose.

Khan said that Pakistan has been ranked as one of the top ten economies that introduced revolutionary reforms to enhance the ‘ease of doing business’ manifold.

Related Keywords: allured with quality of Ugandas cotton, Cotton Development Authority, cotton ginning process, during a tour of Western Uganda Cotton Company, Fine Spinners Uganda, step up importation of Ugandian organic cotton, Textile giants, textile importers, WUCC

Textile importers from Germany, Denmark and other European countries, during a tour of Western Uganda Cotton Company (WUCC) in the south-western Uganda district of Kasese last week, said that they were allured with the quality of Uganda's cotton that they were receiving from the country.

Related Keywords: bring in foreign currency through exports, conducted the Marketing and Branding, despite plethora of challenges faced by clothing and textile manufacturing industry, export promotion body, sector experienced a growth trajectory over the past five years, with exports growing hundred and sixty five percent, Zimtrade

ZimTrade, the country’s export promotion body, revealed that despite a plethora of challenges faced by its clothing and textile manufacturing industry, the sector has experienced a growth trajectory over the past five years, with exports growing 165% from $3.1 million in 2012 to $8,2 million in 2016. It continues to bring in foreign currency through exports.

Zimbabwe’s major export destination for clothing and textiles was South Africa with a share of 80percent, while the rest of Sadc contributed 16 percent.