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Related Keywords: Africa Têxtil, feed on permanent basis, first phase, gearing up to launch large scale fine cotton production, import twenty thousand tons of raw material, industrial complexes rehabilitated, northern Cuanza Norte province, Satec, textile industries, under industrialization programme, use new technology to produce volume of cotton yarn

Satec, in northern Cuanza Norte province, Textang II, in Luanda, and Africa Têxtil, in Benguela, which are industrial complexes rehabilitated under the country's industrialization programme gearing up to launch large scale fine cotton production with an intention to feed on a permanent basis to its textile industries.

According to the minister of Agriculture, Afonso Pedro Canga, some private investors are designing their projects to launch the production of the raw material for the textile industry.

Related Keywords: acquire Tanatex Chemicals, grow textile chemicals business globally, help both groups optimize production, leading Chinese company active in chemicals and logistics, leading producer of innovative textile processing solution, strengthen position in Asian, Zhejiang Transfar

Zhejiang Transfar, a leading Chinese company active in chemicals and logistics to acquire 100% of the shares of Tanatex Chemicals, a leading producer of innovative textile processing solution. After the acquisition, Tanatex Chemicals will continue to operate under the existing Tanatex brand as an independent entity within the Transfar Group, the parent company of Zhejiang Transfar.

Related Keywords: absence of electricity and gas in textile city, attract investors, establish unit, failed to allot single plot to industrialists, generation of jobs died down, Karachi Textile City, prime reason for project failure, project of achieving export target, return acquired land to Port Qasim Authority, shut down, Under developed project

With the close down of the under developed project, Karachi Textile City, the hopes attached with the project of achieving export target of $2 billion and generation of 80,000 jobs has died down, said a senior official in the Ministry of Textile Industry.

Related Keywords: Bulgarain textile company, digital printing on cotton fabrics, equipment, increase productivity by fifteen percent, invest two million levs, leading manufacturer in home textile, new production facility, PNG 1962 Ltd. Eood, PNG operates twelve stores, raise revenues from export by twenty six percent

Bulgarain textile company PNG 1962 Ltd. Eood is one of the leading manufacturer in home textile based in Sofia. The company plans to make investment to the tune of two million levs ($1.16 million/1.0 million euro) in a new production facility and equipment for digital printing on cotton fabrics.

The investment is co-financed by the EU programme Innovation and Competitiveness with 350,000 levs, while the rest will be provided by a bank loan, PNG 1962 said.

Related Keywords: Amritsar skilled knitting artisans, competition rises, facing considerable slow down, high maintenance cost wide use in spectrum of products, highly labour intensive industry, past five years, progressed ten times, run warp-knitting industry, shifted to Surat, Surat based warp knitting industry, Surat dethrone number one position of Amritsar

Many Amritsar based skilled knitting artisans have shifted to Surat to run it’s warp-knitting industry during the past few years due to which Amritsar warp knitting industry is facing considerable slow down in the growth as competition rises and also Amritsar’s number one position held in the country has been dethroned by Surat.

Related Keywords: abolition of import duty, accounts for seventy percent, Australia, decline in woollen products exports, facing slowdown, Germany and China, increase duty drawback rates, planning to increase exposure in Kazakhstan, reduce dependency on the US and European markets, speedy release of drawback, total woollen exports of India, Woollen manufacturers

The woollen manufacturers are planning to increase their exposure in Kazakhstan, Australia, Germany and China concern over relentless decline in woollen products exports and also to reduce its dependency on the US and European markets, that accounts for 70 percent of the total country’s woollen exports which is presently facing slowdown.

Related Keywords: anticipation of further decline in spot rate, back of grade issue, buyers made selective deals, Cotton market, export orders needs fine end-products, forward deals changed hands for second grade lint, immediate need, local output short, physical price remained under downward adjustment, textile sector to import more fine grades, trading session

During the trading session at cotton market, buyers were seen making selective deals according to their immediate need on back of grade issue and in anticipation of further decline in spot rate while physical price remained under downward adjustment besides forward deals changed hands for second grade lint, floor brokers said.

Related Keywords: associated in making of textiles, committed towards promoting hand weaving craft, eight different types of industries, given approval for setting up a textile park, part of proposed park, project funding for infrastructure development, provide suitable land for the park, state government, Union government, welfare of weavers in Himachal

The Union Government committed towards promoting hand weaving craft and also for the welfare of weavers in Himachal has given its approval for setting up a textile park in the state. This was stated by Ajay Tamta, Union Minister of State for Textiles corresponding between the Centre and the state government on the issue of setting up the textile park was on.

Related Keywords: Afghanistan fast emerging market of textiles, banking system not solid, boosting direct export of polyester fabrics, delegation from Afghanistan, Indian exporters, jointly signed MoU, madeups, MMF hub in Surat, negligible direct trade of textiles, sell through third countries, SGCCI, SRTEPC, working out trade facilitation programme

Afghanistan is a fast emerging market of textiles and currently Indian exporters have negligible direct trade of textiles with Afghanistan which they sell to this market through third countries. Synthetic and Rayon Textile Export Promotion Council (SRTEPC), apex body of Indian textile industry and Southern Gujarat Chamber of Commerce and Industry (SGCCI) have jointly signed a memorandum of understanding (MoU) with a delegation from Afghanistan for boosting direct export of polyester fabrics and made-ups from India, especially from MMF hub in Surat to Afghanistan.

In Shengze, offers for 32s and 45s polyester yarn rolled over in the first week of August. In Qiangqing, 32s weaving were stable on the week. Offers for spun polyester yarns in China were stable amid modest enquiring and selling sentiment. Since traders and spun yarn producers had stocked up raw materials, coupled with weak sentiment in polyester market, they will continue to purchase to meet rigid demand.

Related Keywords: Polyester prices, polyester yarn prices, psf prices, spun yarn prices, yarn prices in china, yarn prices in India, yarn prices in Pakistan