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Pakistan Apparel Forum urges for amendments in export package

Related Keywords: biggest group of value added textile, extending rebate, indirect exports, local sales of yarn, Pakistan Apparel Forum, regulatory duty on import of cotton yarn, Sales tax, up to thirty two single coarse counts, urge to amend the export package, withdrawal of customs duty

Pakistan Apparel Forum, the biggest group of value added textile urge to amend the export package by extending rebate to indirect exports (local sales) of yarn and withdrawal of customs duty and sales tax, besides regulatory duty on import of cotton yarn up to 32 single coarse counts.

Textile industry calls for cut in import duty on raw materials

Related Keywords: forthcoming Union Budget, increase share in global textile trade, lowering of import duty on raw materials used in making finished products, Northern region based textile industry, rationalization of duty structure on man-made fibres, sectors competitiveness globally, sought enough provisioning, Technology Upgradation Fund

The Northern region based textile industry sought enough provisioning for technology upgradation fund, rationalization of duty structure on man-made fibres and lowering of import duty on raw materials used in making finished products in the forthcoming Union Budget.

At present, man-made fibres attract 12.5% excise duty. The industry pitched for rationalization of duty structure on man-made fibres to enhance the sector’s competitiveness globally and increase its share in the global textile trade.

Thyssenkrupp builds one of the largest textile polyester lines in the world for SASA

Related Keywords: building new PET facility, direct melt feeding to four staple lines, for SASA Polyester Sanayi in Adana, for textile applications, home textile and technical applications, one of the largest textile polyester lines in the world, serving clothing, Thyssenkrupp Industrial Solutions subsidiary, Turkey. plant on completion, Udge Inventa-Fischer

Thyssenkrupp Industrial Solutions subsidiary, Udge Inventa-Fischer is building a new PET facility for SASA Polyester Sanayi in Adana, Turkey for which a contract was signed in July 2016 and came into effect in December of that year. The plant on completion will be one of the largest textile polyester lines in the world.

First textile polyethylene terephthalate plant to be set up in Russia

Related Keywords: approximately twenty five billion rubles, modern integrated plant, preparatory procedures are underway, producing textile, Russia, set up first polyethylene terephthalate complex, synthetic fiber and yarn, total amount of investments, town of Vichug located in the Ivanov region

Russia to set up its first polyethylene terephthalate complex producing textile in the town of Vichug located in the Ivanov region. A total amount of investments in the project amounts to approximately 25 billion rubles ($419 million).

At present, preparatory procedures are underway, while construction of the complex itself is planned to start in summer.

Pavel Konkov, Governor of the Ivanov region said that the modern integrated plant will be capable to release almost 200,000 tons of synthetic fiber and yarn per year,

Pakistan, Turkey to hold sixth round talks on FTA

Related Keywords: between Pakistan and Turkey, cotton yarn, ethanol, fabric and garments, Free trade agreement, held through digital video meeting, hold discussion on agreement on goods, imports from Turkey are manmade textiles, investment. major exports to Turkey are denim PET, services, Sixth round of negotiations, towels

The sixth round of the negotiations on Free Trade Agreement (FTA) between Pakistan and Turkey would be held through digital video meeting in coming week. Both the sides will hold discussion on agreement on goods, services and on investment. The agreement in this regard would be signed in coming months of April 2017.

Move to revive and promote fading heritage textile crafts

Related Keywords: ajrakh from Kutch, Asif Shaikh, bandhani and Bhujodi from Bhuj, bani thani paintings from Rajasthan, batik from Mundra, mission to revive, promote fading heritage textile crafts, Shaikh founded Crafts Design Society, textile crafts, Textile heritage is part of culture, World renowned fashion designer from Ahmedabad

The world renowned fashion designer from Ahmedabad, Asif Shaikh, is on a mission to revive and promote the fading heritage textile craft s. Textile heritage is part of culture and if lost, it will lose an important aspect of the culture. The textile crafts can only be kept alive if artisans get their due recognition for which Shaikh founded Crafts+Design+Society (CDS) recently registered as a company known as CDS Art Foundation.

Pakistan textile exports decline to $6.156 bn first half of current FY

Related Keywords: despite improvement in export earnings, exports of raw cotton and cotton yarn decreased, first half of the current fiscal year, Pakistan, Pakistan Bureau of Statistics data, value-added sector, witnessed decline in textile exports

Pakistan in the first half of the current fiscal year despite an improvement in export earnings from value-added sector, witnessed decline in textile exports to $6.156 billion from $6.259 billion in the corresponding period of the last fiscal year, according to the Pakistan Bureau of Statistics (PBS) data.

WestPoint Home opens its third new facility in Bahrain

Related Keywords: aim of mitigating the negative financial impacts, export finished goods into the US duty free, import certain support materials, inaugurated new spinning facility in Bahrain. Works on spinning expansion, such as yarn, tariff preference level, third expansion in Bahrain over the past five years, US based textiles manufacturer, WestPoint Home

US-based textiles manufacturer, WestPoint Home as part of the company’s ongoing growth in the Gulf kingdom inaugurated its new spinning facility in Bahrain. Works on the spinning expansion were initiated in 2015 with the aim of mitigating the negative financial impacts of the 2016 expiration of the tariff preference level that allowed it and other textile manufacturers in Bahrain to import certain support materials, such as yarn, and export finished goods into the US duty free.

Welspun interested to invest and join Ethiopian textile industry

Related Keywords: commence textile production., joining Ethiopian textile industry, line pipes and infrastructure, plans to acquire a shade in one of the industrial parks, presence in home textiles, shows interest in making investment, textile manufacturing company, Welspun India

Welspun India, textile manufacturing company from India which has presence in home textiles, line pipes and infrastructure, shows interest in making investment and joining the Ethiopian textile industry.

The company’s chairman, B. K. Goenka after discussions with Hailemariam Dessalegn, Prime Minister of Ethiopia, on the sidelines of Davos World Economic Forum disclosed.

Texas Tech receives textile manufacturing innovation fund grants

Related Keywords: focusing on innovation, improve sustainability of US textile industry, non-toxic organic, one of six universities, process of textile manufacturing, process to sustainably reduce cotton dyeing with indigo, support research proposals, Texas Tech, unique colorant for blue jeans, won one of the U.S. Manufacturing Innovation Fund grants

Texas Tech is one of six universities that has won one of the U.S. Manufacturing Innovation Fund grants and will receive nearly $275,000 part of the nearly $3 million in grants to support research proposals focusing on innovation in the process of textile manufacturing.

The prize was announced Monday by the Walmart Foundation and the U.S. Conference of Mayors, according to a Walmart news release. The Walmart Foundation’s support of this project shows an awareness of need and a desire to help U.S.-based manufacturers reach new levels of efficiency and sustainability.

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