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Related Keywords: Bangladesh government, entrepreneurs will get eighteen kinds of service, exhilarate textile sector, introduced an electronic service, making business process hassle-free, textile sector highest foreign income earning windows, through E-service

The Bangladesh government to exhilarate its textile sector has introduced an electronic service by making the business process hassle-free, The textile sector is one of the highest foreign income earning windows, which currently bears around 83% of total export earnings.

Textile and Jute Minister Muhammad Imaj Uddin Pramanik while launching the E- service for the entrepreneurs at a seminar held at Jute diversification and Promotion Centre in the city yesterday said that the entrepreneurs can do their business by spending less time and money.

Related Keywords: air bag fabric, double production capacity, Indorama Ventures, intends to build manufacturing facility, Japanese company Toyobo, local plant of German thread maker PHP, responding to growing demand, Toyobo world leader in fabric thread, with Thailand textile giant

Japanese company Toyobo, intends to build a manufacturing facility to double the production capacity of air bag fabric by fiscal 2020 at a local plant of German thread maker PHP, in which they will spend some 10 billion yen ($85.1 million) with Thailand textile giant Indorama Ventures, responding to growing demand.

In the U.S., Toyobo will double capacity in fiscal 2017 by adding equipment that turns nylon thread into air bag fabrics and resin-coating machines that strengthen the fabrics at a plant in the state of Alabama.

Related Keywords: development of textile park, entrepreneurs, modernization of dyeing units, modernized powerlooms, need for yarn bank, part of modernization existing powerloom, powerloom weavers, produce value-added fabric, Sircilla town, train powerloom weavers, Union government, utilize Central Government schemes

Union government as part of the modernization of the existing powerloom has modernized 5,500 powerlooms and still another 30,000 looms have to be modernized in the Sircilla town.

Union government as part of the modernization of the existing powerloom has modernized 5,500 powerlooms and still another 30,000 looms have to be modernized in the Sircilla town.

Related Keywords: competing countries, due to high energy cost, expressing concerns over widening trade deficit, fixing rates of inputs in line, immediate announcement of textile package, other factors, Pakistan textile exporters association, PTEA, reduce cost of business, shrinking exports, urge government

Pakistan Textile Exporters Association (PTEA) expressing concerns over widening trade deficit and shrinking exports due to high energy cost and other factors concerning cost of doing business has urge the government for immediate announcement of textile package.

Asian MEG prices surged US$84 a ton CFR China and CFR South East Asia in the second week of December. Mono ethylene glycol prices moved up rapidly opening the week only to softened somewhat later in the week.

In China, OPEC’s agreement on oil product cut influenced MEG futures on Monday and spot values were pulled up. Later, the price rise dwindled, and sentiment weakened by mid-week. With US FED raising interest rate, MEG values moved up gradually.

Related Keywords: MEG price in China, MEG price in Europe, meg price in US, MEG prices, mono ethylene glycol prices, Polyester prices

Asian paraxylene prices jumped US$32 a ton CFR Taiwan/China and FOB Korea in the second week of December. Isomer mixed xylene moderated US$3 a ton FOB Korea on the week.

Paraxylene prices hit a 2016 peak opening the week as bullish energy values and strong futures prices in the downstream PTA markets exerted significant upward pressure on trading values. China’s Sinopec adjusted its December paraxylene nomination price upwards from its initial numbers.

Related Keywords: paraxylene price, paraxylene prices in Asia, paraxylene prices in Europe, paraxylene prices in US, PX price

Related Keywords: CCEA, coming budget, focus on labour incentive sector, fund allocation, latest and previous avatars of TUFS, new duty drawback scheme, see substantial jump, settle both old and new claims, special package for garment industry, Textile Ministry

The textile ministry although has in recent months cleared some of the old claims yet a chuck of claims are to be cleared for which the ministry is already seeking funds to settle both old and new claims under the latest and the previous avatars of the Technology Upgradation Fund Scheme (TUFS) as well as to cater to claims of refunds under the new duty drawback scheme announced as part of a special package for the garments industry in June, sources said.

Related Keywords: array of scripted silk saris, as warp and cotton yarn as weft, collection of handloom drapes, experimented with handloom threads, hand-printed mulberry silk weaves, Kolkata-based Nirmal Sarees, Maheshwari saris with silk thread woven, Seventeen day exhibition, variety of hand-woven fabrics, vibrant colour combination

A 17-day exhibition of a variety of hand-woven fabrics by Kolkata-based Nirmal Sarees began at Hawa Mahal on Sunday where an array of scripted silk saris in vibrant colour combination, hand-printed mulberry silk weaves, Maheshwari saris with silk thread woven as warp and cotton yarn as weft, plain silk saris with scripted pallu and border and easy-to-maintain viscose saris along with a collection of handloom drapes have been put on display at an exhibition here.

According to organizers, the exhibition has been presented for the first time in the city.

Related Keywords: and mountaineering, Asia pacific, demand for sportswear resistive to water, growing disposable income, health and fitness, owing to rising demand, Rising consumer preference, steady growth anticipated, various sports such as snow sports, water proof textiles and rapid industrializationg, water sports, Waterproof textiles

Owing to rising consumer preference towards health and fitness, growing disposable income, adoption of various sports such as snow sports, water sports, and mountaineering are augmenting the demand for sportswear resistive to water. Waterproof textiles are divided into various segments such as tents, sportswear, outdoor equipment, and industrial safety wears.

Related Keywords: apply technology, Conference held to review Vinatex business, deputy minister of Industry and Trade, during the next year, ensure no negative effects on environment, garment production, global raw materials, offer value added products, operate more efficiently, promote research and development activities, urged Vinatex to improve its value chain

At a recent conference held to review Vietnam National Textile and Garment Group (Vinatex’s) business results in 2016, Deputy Minister of Industry and Trade Cao Quốc Hưng has urged Vinatex to improve its value chain and operate more efficiently in 2017.

The group should promote research and development activities and apply technology in garment production to offer value-added products, at the same time ensuring that there are no negative effects on the environment.