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Kornit Digital to partake at upcoming two investor conference in US

Related Keywords: develops designs and markets innovative digital printing solution, global printed textile industry, ICR conference, innovative business model, Israel manufacturing company, Kornit Digital LTd, Needham and Company Growth Conference, one on one meeting, partake at two investor conference, roll to roll textile printing industry, web to print

Kornit Digital Ltd., an international manufacturing company based in Israel that develops, designs and markets innovative digital printing solutions for the global printed textile industry, announced that the Company will present at two investor conferences during the month of January to take place in US.

Nigeria losing $6.5bn cotton export revenue

Related Keywords: access to extension services, by the World Cotton Market on cottonguide.org, cotton farming in Nigeria, facing major setback, lack of improved seeds, low prices of produce, missing out among the selected 15 African countries, Nigeria, Nigeria losing export opportunity in cotton, share of cotton in product exports

Nigeria is missing out among the selected 15 African countries on the share of cotton in product exports by the World Cotton Market on cottonguide.org, as cotton farming in Nigeria due to lack of improved seeds, access to extension services and low prices of the produce have been facing major setback over the years. As a result, Nigeria is said to be losing about $6.5 billion export opportunities in cotton annually. It’s contribution to GDP dropping from 25 percent to 4 percent.

Ethylene prices surge in Asia, Europe

Asian ethylene markers gained US$10 ton NE CFR in the second week of December while Southeast CFR rose US$25 a ton on the week. Ethylene prices in Asian market continued their uptrend while maintaining the difference between north and south east markets. Softer naphtha market also lifted margins of Asian ethylene producers.

Related Keywords: Asian ethylene prices, Asian ethylene producers, Ethylene prices in US, ethylene trade in Latin America, European ethylene prices, naphtha market

BPCL likely to increase naphtha exports from Kochi in 2017

Related Keywords: boost naphtha exports, by ten to fifteeen percent, completion of expansion works, expected to increase naphtha production, Indian southwest coast, Kochi refinery, refiner to restore monthly exports from Kochi, State run Bharat Petroleum Corp. Ltd

India’s state-run Bharat Petroleum Corp. Ltd,with the completion of expansion works at its Kochi refinery to 15 million mt/year from 9.5 million mt/year. The expansion is expected to increase BPCL’s naphtha production by 10%-15% , which would enable the refiner to restore monthly exports from Kochi on the Indian southwest coast, to two cargoes. BPCL is set to boost its naphtha exports next year, industry sources said.

Indian jute industry cringes

Related Keywords: country has now shrunk to producing jute, demand for more ecological packaging globally, dropped from government priority list, Indian customs authorities abruptly imposed excise duty, Jute Industry, Major exporter of jute to Europe, oods made of natural fibre, strengthened export potential

A major exporter of jute to Europe, the country has now shrunk to producing only 17,000 tonnes of jute. The jute industry has been dropped from the government’s priority list even though demand for more ecological packaging globally has strengthened its export potential. The government has also removed subsidies on fertilizers, seeds and pond construction.

Hyosung offers textile trends for 2017

Related Keywords: activewear fabric trends, celebrating fashion, combined with functionality, for the new year, global leader in spandex, high performance, Hyosung, in addition to spandex, integrated textile producer, polyester and fabric, released its creora brand, with nylon

Hyosung a global leader in spandex and an integrated textile producer with nylon, polyester and fabric in addition to spandex/elastane has released its creora brand’s activewear fabric trends for 2017, celebrating fashion combined with functionality and high performance.

Reliance makes PX capacity more than 2x

Related Keywords: build with state-of-the-art crystallisation technology, commissioned at Jamnagar, company’s PX capacity, engaged in numerous activities, new Para-xylene (PX) plant, planning for business expansion, Reliance Industries Limited, RILs polyester value chain, set to more than double, strengthen position in polyester industry globally

Reliance Industries Limited, a company which is engaged in numerous activities which include hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and telecommunications; is planning for business expansion.

A new Para-xylene (PX) plant, which is set to more than double the company’s PX capacity from 2.0 MMTPA to 4.2 MMTPA has been commissioned at Jamnagar. The new plant has been built with state-of-the-art crystallisation technology from BP.

NIFT Haryana buoys up silk weavers

Related Keywords: developing silk weaving units, Haryana, Haryana government, National Institute of Fashion Technology, NIFT, received a green signal, received investment proposals, set its foot in Panchkula, Smriti Zubin Irani, textile second largest employment sector, Union Textiles Minister

The National Institute of Fashion Technology(NIFT) finally received a green signal from Union Textiles Minister Smriti Zubin Irani to set its foot in Panchkula,Haryana. Describing textile as the second largest employment giving sector after agriculture, the minister said that the Haryana government had received investment proposals worth Rs 7 lakh crore from prospective investors.

Morocco Hometex, international home textile fair coming up in Feb 2017

Related Keywords: Morocco Hometex, Morocco International Home Textile Fair, next year in February, organized by Pyramids Group Fair and Expotim, Sector leader companies, take their places rapidly, unique international platform

The third Morocco Hometex "Morocco International Home Textile Fair" will be opening doors in the coming New Year during the month of February where sector leader companies to take their places rapidly in this unique international platform.

This platform allows national and international companies of different industry sectors to show and promote their skills, meet partners and find international brands from several countries.

Spinners to get hit over fall in export and high cotton prices

Related Keywords: cotton yarn exports, high cotton prices, largest importer of yarn from India, low arrivals, lower demand from China, put pressure on profitability, set to hit spinners, spinners have to cut down on capacity utilisztion, under pressure

Cotton yarn exports are under pressure due to lower demand from China, the largest importer of yarn from India. Moreover high cotton prices due to low arrivals are set to hit spinners.

Jayanta Roy, Senior Vice-President, and Group Head, ICRA, said that the fall in export demand for cotton yarn is a major challenge for spinners as the industry has been exporting a third of yarn produced for the last four years.

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