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Texprocess 2017 to present live demo of Digital Textile Micro Factory

Related Keywords: Digital Textile Micro Factory, in collaboration with German Institutes for Textile and Fibre Research in Denkendorf, integrated production chain for apparel, number of well-known companies in textile sector, present a live demonstration, take place this May in Frankfurt, Texprocess trade fair

Texprocess 2017 trade fair to take place this May in Frankfurt, in collaboration with the German Institutes for Textile and Fibre Research in Denkendorf and a number of well-known companies in the textile sector, will present a live demonstration of Digital Textile Micro Factory, an integrated production chain for apparel.

Texprocess will demonstrate the entire networked production of items of clothing – from the design stage to digital printing, automatic cutting out and fabrication.

Big relief for textile traders as sari out of excise duty ambit

Related Keywords: attracts two percent excise duty on retail price above rupess thousand, big relief for textile traders in Suart, CBEC, Central Board of Excise and Customs, FOSTTA, largest man-made fabric wholesale market, out of ambit of made ups, SGCCI, takes decision to keep sari

The Central Board of Excise and Customs (CBEC) have taken decision to keep 'sari' out of the ambit of made-ups, which attract 2 percent excise duty on retail price above Rs1,000. This decision brings a big relief for textile traders in the country's largest man-made fabric (MMF) wholesale market in Surat.

Leading organisations partner to provide organic textile labelling

Related Keywords: contain organic material for sale in the US, coordinating to provide industry with guidance, Global Organic Textile Standard, help support labelling organic textiles, invited to attend the webinar, Organic Trade Association, Textile Exchange, textile labeling webinar

The Global Organic Textile Standard, Organic Trade Association, and Textile Exchange coordinating to provide the industry with guidance on textile labeling webinar that contain organic material for sale in the US.

In this free webinar, participants will learn more about US regulations for organic textile labelling, different kinds of organic claims, and how the Organic Content Standard (OCS) and Global Organic Textile Standard (GOTS) can be used to help support labelling organic textiles.

Government taking steps to promote natural fibres under R&D scheme

Related Keywords: Bamboo and hemp, Government taking steps, Himalayan nettle, Mantra, Ministry of Textiles, natural fibres such as Banana, provide financial support, support Research and Development, Textile Industry including Jute, TRAs, under the R&D scheme

Government taking steps to support Research and Development in natural fibres such as Banana, Himalayan nettle, Bamboo and hemp under the R&D scheme for the Textile Industry including Jute of the Ministry of Textiles.

Plea to withdraw agricultural market committee fee on cotton, cotton waste

Related Keywords: cotton and cotton waste, lint and waste, only input for the textile industry, reiterated its appeal jointly, Representatives of various associations, textile industry in Tamil Nadu, withdrawal of one percent agricultural market committee fee

Representatives of various associations of the textile industry in Tamil Nadu have reiterated its appeal to Chief Minister Edapadi Palanisamy jointly for withdrawal of the one percent agricultural market committee fee on cotton and cotton waste.

SIMA Chairman M Senthilkumar, referring to the market committee fee said that this has been one of their long-pending demands. The former chairman of the Southern India Mills Association S Dinakaran had submitted a memorandum to the then Chief Minister J Jayalalithaa in 2012, but no action has been initiated till date.

Polyester yarn prices rise in India, down in China

In Shengze, offers for 32s polyester yarn moved down US cents 2 a kg in the first week of March. In Qiangqing, 32s weaving yarn was also down US cents 2 a kg on the week.

Offers for spun polyester yarns of some specs in Shengze market were weakly stable on the back of limited orders. Offers also moved down accordingly on the back of poor enquiring and selling sentiment and weakened in line with PSF price that week.

Related Keywords: Polyester prices, polyester yarn prices, psf prices, spun yarn prices, yarn prices in china, yarn prices in India, yarn prices in Pakistan

PTA price edges down in Asia

Asian PTA prices edged down US$1 a ton CFR China and CFR Southeast Asia in the first week of March. Purified terephthalic acid prices slipped in Asian markets at the end of the week due to falling futures on Zhengzhou Commodity Exchange.

In China, domestic PTA market was corrected in a narrow range but was under recovery based on support from spot prices and the need to replenish inventories by end users beginning of March. Supply will increase with Thai Indorama restarted its plant in March.

Related Keywords: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

Iran sign $3.2bn petchems agreement with HEC

Related Keywords: develop second phase of the Kangan petrochemical plant, HEC, Hyundai Engineering, Iran state-run Ahdaf Investment Company, light and heavy polyethylene, produce one mn metric tons per year of ethylene, signed USD three point two billion agreement, subsidiary of the Oil Pension Fund Investment Company

Iran’s state-run Ahdaf Investment Company, a subsidiary of the Oil Pension Fund Investment Company signs a $3.2bn agreement with Hyundai Engineering (HEC) to develop the second phase of the Kangan petrochemical plant.

The seconf phase of the Kangan petrochemical plant is planned to produce 1mn metric tons/yr of ethylene as well as 750,000 mt/yr of light and heavy polyethylene.

Falling feedstock price weakens downstream polyester chain

Related Keywords: Ethylene prices in Asia, Ethylene prices in Europe, Ethylene prices in US, MEG price in Europe, meg price in US, meg prices in Asia, paraxylene price in US, paraxylene prices in Asia, paraxylene prices in Europe, pfy price in China, pfy price in India, pfy price in Pakistan, Polyester price, psf prices, pta price in Asia, pta price in Europe, pta price in US

Ethylene prices declined sharply in the first week of March in North East Asia as demand dropped for downstream styrene monomer while other derivatives like PE weakened significantly. In US, ethylene spot fell on longer supply as Formosa Plastics Texas unit returned from turnaround while February contract was settled higher on the month. European ethylene market was bullish as material remained tight amid firm demand remains.

Slow pace of trading as buyers made selective deals for second grade lint

Related Keywords: better grades, bought all grades on competitive prices, buyers are beginning to eye imports, buyers made selective deals, decline in cotton output, forward deals made, KCA, Lint market, second grade of lint, Slow pace of trading, Spinners in Sindh and Punjab stations, spot rate, this end crop season

A slow pace of trading in the lint market witnessed as buyers made selective deals for second grade of lint, while forward deals were also made for better grades, traders said.

During the trading session, spinners and mills in Sindh and Punjab stations made deals for second grade lint, while sellers offered all grades of lint at around Rs 5,975 per maund to Rs 6,775 per maund in order to capitalise maximum returns on their proceeds.

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