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Rivatex production hit by acute shortage of raw materials

Related Keywords: absence of foreign donors, acute shortage of raw materials, company has invested more than Sh three hundred million, Eldoret-based Rift Valley Textile Mills, impacted negatively on operation capacity, operating below capacity, produce materials to meet international standard, Rivatex East Africa, underfunding from government, upgrading machines

Eldoret-based Rift Valley Textile Mills (Rivatex) East Africa due to acute shortage of raw materials has impacted negatively on their operation capacity, said Prof Kipkurgat, adding that company has invested more than Sh300 million in upgrading its machines to produce materials that meet international standards.

The company was producing an average of 10,00 bales against an annual capacity of 70,000 bales. It is operating below capacity also due to underfunding from the government and absence of foreign donors to sustain its operations.

Ha-Meem Group plans to expand its denim plant in Maona

Related Keywords: demand for the fabric is rising fast, double its export receipts to USD one billion in next six years, Ha Meem boost its denim production, Ha Meem Group, involve denim plant in Maona, leading garment manufacturer, massive expansion works, plans to invest USD fifty million in one year

Ha-Meem Group, a leading garment manufacturer, plans to invest $50 million in one year for the massive expansion works will involve the denim plant in Maona, said Managing Director AK Azad which will double its export receipts to $1 billion in the next six years. Ha-Meem chose to boost its denim production as the demand for the fabric is rising fast around the world.

Ind-Ra sees stable outlook for cotton in FY18

Related Keywords: Favourable trade agreements, fiscal incentives, following steady input prices, for the next financial year, healthy capacity utilization and healthy domestic demand, implementation of the Goods and Services Tax, improve industry export competitiveness, Ind-Ra, India Ratings, revised its cotton outlook to stable, the U.S.’ exit from TPP

India Ratings (Ind-Ra) has revised its cotton outlook to stable for the next financial year (2017-18) from negative for the fiscal year 2016-17 following steady input prices, healthy capacity utilization and healthy domestic demand.

Ind-Ra said that the status will stem from fiscal incentives and implementation of the Goods and Services Tax (GST) that will improve the industry’s export competitiveness.

Viscose yarn prices steady in Asian markets

In China, offers for ring‐spun 30s weaving yarn in Xiaoshan were flat in the first week of March, while compact siro‐spun 40s yarn in Jiangsu were steady on the week.

Spun viscose yarn markets were stable to weak while prices mostly rolled over from previous week. In China, offers for ring‐spun and siro‐spun yarn were mainly flat. Yarn makers met with more difficulty in liquidating volumes, and some faced piling inventories in recent days.

Related Keywords: rayon prices, spun yarn prices, Viscose price, viscose price in china, viscose price in india, viscose price in Pakistan, viscose staple fibre price

Blended yarn prices stable in China, up in India

In Qianqing, PC (65/35) 32s yarn prices rolled over in the first week of March while 45s PC combed yarn prices were up on the week.

Blended yarn markets were benefiting from volatile cotton markets where prices are hating to move down. In China, yarn prices begun rebounding on the import market, which had earlier declined in the last two weeks, particularly from India and Vietnam. Chinese spinners are likely to take advantage of the new rise in import prices, if confirmed in coming days.

Related Keywords: pc yarn prices, Polyester prices, prices, psf prices, pv yarn prices, rayon prices, yarn prices

Dow Chemical nearly done with ethylene plant construction in Freeport

Related Keywords: at south of Houston in Freeport, commissioning has already begun at the facility, Michigan-based Dow Chemical Co., Midland, nearly done with the massive ethylene plant construction, produce ethylene, project will use feedstock ethane and propane, sourced from within the US, world-scale ethylene cracker

Midland, Michigan-based Dow Chemical Co. is nearly done with the massive 1.5 million tons per year ethylene plant construction at south of Houston in Freeport, and commissioning has already begun at the facility, Doug May, Dow's hydrocarbon business president, said.

The company expects the plant to enter service sometime around the middle of the year, May said. The plant is part of a series of projects called the Gulfstream Program, which includes more than $6 billion in petrochemical assets across Texas and Louisiana.

China the first stop in the Peru Moda tour in Asia

Related Keywords: China first stop in the Peru Moda tour in Asia, Exports and Tourism Promotion Board, great success, leading fashion event, made its first presentation in Beijing, PromPeru, target the Asian market with Peru Moda, This year renowned top quality garments of Peru

This year, Peru's renowned top-quality garments target the Asian market with Peru Moda, the country's leading fashion event, said the Andean nation's Exports and Tourism Promotion Board (PromPeru). Peru Moda Asia 2017, made its first presentation on March 9 in Beijing, China and was a great success. China was the first stop in the Peru Moda tour in Asia. Other clothing fairs will be taking place around the eastern continent until March 17.

ExxonMobil to invest $20bn to expand manufacturing in Gulf coast

Related Keywords: along the Gulf Coast. initiative Growing the Gulf, chemical and liquefied natural gas plants, create petroleum product for export, expand its manufacturing, expansion program, export capacity over ten years, Exxon Mobil Corp., on refineries, plans to spend a total of USD twenty billion, proposed new and existing facilities

Exxon Mobil Corp., plans to spend a total of $20 billion to expand its manufacturing and export capacity over 10 years on refineries, chemical and liquefied natural gas plants along the Gulf Coast. Investments began in 2013 and are expected to continue through at least 2022.

The company’s initiative, ‘Growing the Gulf’, expansion program consists of 11 major chemical, refining, lubricant and liquefied natural gas projects at proposed new and existing facilities along the Texas and Louisiana coasts.

India Carpet Expo all set to begin soon in New Delhi

Related Keywords: buyers from all over the globe, Carpet Export Promotion Council, largest sourcing platform of handmade carpet in Asia, organizing India Carpet Expo, rugs and other floor coverings under one roof, source best handmade carpets, three hundred exhibitors will display products, to promote cultural heritage and weaving skills of Indian handmade carpets

The Carpet Export Promotion Council is organizing 33rd India Carpet Expo, is one the largest sourcing platform of handmade carpet in Asia for the buyers from all over the globe to source the best handmade carpets, rugs and other floor coverings under one roof. This unique sourcing platform for Handmade carpets and other floor coverings will take place in New Delhi under the aegis of Government of India.

International Textile Art Symposium to take place in Daugavpils

Related Keywords: artists will create works wide variety of textile and fiber materials, brings nine participants from seven countries of the world, create unique works of textile art, monument of cultural heritage, share experiences with modern textile variations, take place in Daugavpils fortress, The IV International Textile Art Symposium this year

The IV International Textile Art Symposium this year will take place in Daugavpils fortress, which is the monument of cultural heritage brings 9 participants from 7 countries of the world in order to take inspiration, to share experiences with modern textile variations and create unique works of textile art.

It is a big creative platform, that allows artists from all over the world share their experiences, creative ideas and opinions. We regularly organize international symposiums of different directions that are attended by artists from around the world.

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