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Related Keywords: European Commission, good governance, human rights, in exchange of Sri Lankan government's commitment, labor conditions, proposed removing significant part of remaining import duties, protection of environment, ratify twenty seven international conventions, Sri Lankan products, under the General System of Preference plus

The European Commission on Wednesday in exchange of the Sri Lankan government's commitment to ratify 27 international conventions on human rights, labor conditions, protection of the environment and good governance has proposed removing of a significant part of the remaining import duties on Sri Lankan products under the General System of Preference Plus (GSP-Plus).

The European Commission said that the removal of customs duties would be accompanied by rigorous monitoring and conditional on continued commitment to sustainable development, human rights and good governance.

Related Keywords: capital investment subsidy, entire textile value chain, get additional ten percent, made up segment, second largest employment generator, subsidy, Technology Upgradation Fund Scheme, textile sector, textiles ministry, under ATUFS

The made-ups segment which is the second largest employment generator after apparels in the entire textile value chain will get additional 10 percent capital investment subsidy of up to Rs 20 crore under the Amended Technology Upgradation Fund Scheme.

According to the notification from the Textiles Ministry "Every eligible made-ups unit which has availed 15 percent benefit under ATUFS will be paid an additional 10 percent capital investment subsidy on their investment up to an additional maximum cap of Rs 20 crore".

Related Keywords: distribute Repreve filament yarn, expands production, licensed manufacturer of Repreve, manufacture, open distribution channels for Repreve, Repreve recycled fibre into Vietnam, sell, support from Century Synthetic Fiber Corporation, Unifi, US based yarn manufacturer

Unifi, US based yarn manufacturer with support from Century Synthetic Fiber Corporation which has become a licensed manufacturer of Repreve, to expand the production of its Repreve recycled fibre into Vietnam.

Repreve is Unifi's flagship brand of recycled fibres made from recycled materials, including plastic bottles. It is used by some of the world's leading apparel brands, including Patagonia, Haggar, and Quiksilver.

Asian marker, the CFR Far East Asia fell 6% in December while it was down 12.1% YoY. Acrylonitrile prices fell in Asia despite rise in feedstock propylene and crude oil values.

In US, acrylonitrile spot was down with propylene, global prices. European acrylonitrile prices fell amid global weakening as Asian prices declined sharply.

European prices plunged 11.8% from November and declined 12.7% YoY while US export assessments was down 16.9% on the month and 6% YoY.

Related Keywords: Acrylonitrile price in Asia, Acrylonitrile price in Europe, Acrylonitrile price in USA, asf producers, chemical grade propylene

Asian marker, FOB Korea was up 8.9% in December while it declined 8.4% YoY, and CFR China rose 9.7% from November while it fell 8.5% YoY.

Propylene prices in Asian markets rose in December as downstream PP makers strengthened while Chinese ports saw congestion.

In Europe, propylene markets were on bullish contract price expectation in January. In US, December propylene offers dropped on the month.

In Europe, CG propylene jumped 6.2% from November while it was down 24.8% YoY. Spot polymer-grade propylene prices in US were down 0.7% on the month.

Related Keywords: acrylic prices, acrylonitrile prices, ASF prices, crude oil prices, Propylene prices in Asia, Propylene prices in China, Propylene prices in Europe, Propylene prices in US

Related Keywords: A fifth of Bangladesh's yearly jute exports at stake, by Indian government, engage India for lifting anti dumping duty on import of jute, following imposition of anti-dumping duty, imports of jute and jute products from Bangladesh and Nepal, national jute advisory committee of Bangladesh held a meeting, period of five years

With a fifth of the Bangladesh's yearly jute exports are at stake, following imposition of anti-dumping duty for a period of five years on imports of jute and its products from Bangladesh and Nepal by the Indian government to protect its domestic industry. The national jute advisory committee of Bangladesh held a meeting at the Textiles and Jute Ministry deciding to decide immediately engage with India for lifting of the anti-dumping duty on import of jute products.

Related Keywords: annual summit on environmental issues, global textile sector, independent, Leading, long-time partner Messe Frankfurt, once again co-organized by MCL News & Media, Plant Textiles, support from leading organizations, Sustainable Apparel Coalition, tackle the crucial issue of textile industry, take place in Bangalore, textile industry event

Leading, independent, textile industry event, Plant Textiles, annual summit on environmental issues for the global textile sector is once again co-organized by MCL News & Media and the Sustainable Apparel Coalition with support from leading organizations such as long-time partner Messe Frankfurt which will take place in Bangalore, India.

Related Keywords: adopt eco-friendly dyeing technologies, Agriculture University, called upon textile industries, clean and green environment, College of Home Science, Emeritus Scientist, natural and organic clothing, on Emerging strategies in green textiles and sustainable fashion, organized by Alagappa Institute of Skill Development, Two-day national conference

At the two-day national conference on ‘Emerging strategies in green textiles and sustainable fashion’ organized by the Alagappa Institute of Skill Development on Tuesday, Emeritus Scientist from the College of Home Science, Agriculture University, Hyderabad, Ms A Sharada Devi called upon the textile industries to adopt eco-friendly dyeing technologies for clean and green environment.

Related Keywords: aiming to create new textile jobs, Garment Manufacturing, intensive processing projects, major cotton production base, Northwest China, produces about sixty percent, raw cotton, Xinjiang Uygur autonomous region

Xinjiang Uygur autonomous region, a major cotton production base in Northwest China that produces about 60 percent of China's raw cotton through its intensive processing projects such as garment manufacturing is aiming to create more than 100,000 new textile jobs in 2017.

Yin Xiaodong, an official in the region's textile industry estimated investment in the industry in the past three years exceeded 90 billion yuan, equivalent to the total from 1978 to 2013.

Related Keywords: ACIMIT, ACITF, Ethiopia emerging production hub, Ethiopian Textile Industry Development Institute, feature delegation of Italian textile machinery manufacturers, global textile and garments industry, Italian pavilion, Multi-industry Addis Chamber International Trade Fair, organized by the ICE Agency, take place in Addis Ababa, technology centre

At the upcoming 21st edition of multi-industry Addis Chamber International Trade Fair (ACITF), that will take place in Addis Ababa during the month of February will feature a delegation of Italian textile machinery manufacturers at the Italian pavilion organized by the ICE-Agency.

Given the necessary upgrade in technology required, the demand for textile machinery is growing consequently, sustained by incentive schemes enacted by the government authorities to attract foreign capital, ACIMIT, the Association of Italian Textile Machinery Manufacturers, reports.