Asian paraxylene prices inched down US$1 a ton FOB Korea and CFR China in the second week of July. Mixed xylene August CFR Taiwan cargo was offered at US$682 a ton, without attracting any buying interest. Paraxylene prices in Asian markets slipped on the week with the restart of Singapore’s JAC facility which may achieve on-spec operation by end-July. Meanwhile, India’s Reliance Inds has planned phased start up of its 2.25 mln ton a year paraxylene production facility from October onwards.
Govt’s latest initiative to scale cotton growing and revive ailing textile industry
Related Keywords: cotton farmers, cut production costs, Government latest initiative, hybrid cotton seeds from Israel, modernization of Rivatex, offer investors better margins, produce quality cotton lint, Rivatex. launched pilot programme, Tana River County, tried on acres of land in Bura, upgrade State-owned Eldoret-based textile miller
Government latest initiative is meant for not just ensuring cotton farmers produce quality cotton lint for better returns, but to upgrade State-owned Eldoret-based textile miller, Rivatex. The Government has launched a pilot programme which will see hybrid cotton seeds from Israel tried on 500 acres of land in Bura, Tana River County that promise to cut production costs and offer investors better margins.
Rise in phutti supply kept prices under pressure
Related Keywords: cotton bales, Cotton market, despite strong mill buying, Improvement in seed cotton arrivals, prices not showing improvement, prices remained under pressure, ready business
With the improvement in arrivals of seed cotton, prices remained under pressure on the cotton market on Monday, according to the dealers. In both Sindh and Punjab, seed cotton prices were at Rs 3000 and Rs 3200 per 40 kg, respectively.
The official spot rate continued falling trend, losing more Rs 200 to Rs 6,200, dealers said.
In ready business, around 20,000 bales of cotton changed hands between Rs 6400 and Rs 6500, dealers said.
Inditex to team up with Lenzing for textiles recycling in Spain and beyond
Related Keywords: all phases of its production, commit to the circular economy model, fabric scraps, focus on creating premium textile raw materials, free clothing collection, Inditex, Inditexs flagship store, kick-start a clothing collection campaign, Lenzing, recycling initiative, Spanish multinational clothing company, team up with, textile waste, Zara
Inditex, a Spanish multinational clothing company to team up with Lenzing to commit to the circular economy model in all phases of its production. It will be focusing on creating premium textile raw materials from its fabric scraps, initially involving about 500 tons of textile waste.
The collaboration is meant to kick-start a clothing collection campaign as well as a reuse and recycling programme for discarded garments. The aim is to raise this to around 3 000 tons within a few years, said Inditex’s chairman and chief executive Pablo Isla.
Texworld Paris to be more attractive with nearly 950 exhibitors this time
Related Keywords: components, continues dynamic offering of materials, fabrics and supplies, fashion professionals, from twenty four countries participating, global platform for purchasing materials, huge Korean pavilion, KOFOTI, Korean textile industry, launched a new scenography, ninety hundred fifty exhibitors, technical and smart textiles, Texworld Paris
Texworld Paris, 39th edition is expected to be more attractive than ever, with a participation of nearly 950 exhibitors from 24 countries, an increase of 5% compared to September 2015, as it continues dynamic offering of materials and components for fashion professionals.
Demonstrating its position as a global platform for purchasing materials, fabrics and supplies, the next edition will include a huge Korean pavilion and a new section showcasing the "excellence" of Texworld Paris's offering.
Dystar to open new textile innovation centre at Nanjing
Related Keywords: auxiliaries and services, dyeing, Dystar, economical dyeing procedures, finishing, global textile solution provider, new global innovation centre, new state-of-the-art laboratories, offering complete range of colorants, planning to open, production site in Nanjing, research and development, scale up unit, small production, textile processing
Dystar, is a global textile solution provider, offering customers across the globe a complete range of colorants, auxiliaries and services is planning to open at its production site in Nanjing, a new global innovation centre with new state-of-the-art laboratories for research and development in textile processing, finishing and dyeing. A scale-up unit for small production will also be housed in the new facility.
NIFT-TEA, SASMIRA to develop gadget to dye cotton fabrics without water
Related Keywords: develop a gadget for dyeing cotton fabrics without using water, draft a curriculum on agro textiles, NIFT-TEA Knitwear Fashion Institute, planned as part of collaborative projects, promoted by Tirupur garment exporters, SASMIRA, signed MoU, take up with Synthetic and Arts Silk Mills Research, technological innovations
NIFT-TEA Knitwear Fashion Institute promoted by Tirupur garment exporters will take up with Synthetic and Arts Silk Mills Research (SASMIRA) to develop a gadget for dyeing ‘cotton fabrics’ without using water and also draft a curriculum on agro textiles.The technological innovations were planned as part of the collaborative projects.
NIFT-TEA Institute and SASMIRA signed a Memorandum of Understanding recently to promote development of new products, research activities and information exchange on new technologies.
Hyosung plans to start up MIPAN Nylon plant in Vietnam
Related Keywords: better serve the Southeast Asian market, creora spandex, global nylon growth strategy, Hyosung, in Vietnam, leading producers of Nylon, MIPAN Aqua X, plans investment, startup new MIPAN nylon manufacturing factility, state-of-the-art facility, upcoming Outdoor Retailer Show, will launch new freshgear odor neutralizing nylon
HYOSUNG, one of the leading producers of Nylon as the next step in it’s global nylon growth strategy and to better serve the Southeast Asian market plans to invest in startingup new MIPAN nylon manufacturing factility in Nhon Trach, Vietnam.
Mah govt working on niche policy for garment and apparel sector
Related Keywords: boost ‘Make in Maharashtra’ plans, cotton-growing areas, garment and apparel sector, job creation potential, Maharashtra state government, policy will focus on setting up garment and apparel units, promote investments, set up common effluent treatment plants, value-addition to raw cotton, Vidarbha and Marathwada, working on niche policy
Maharashtra state government is working on a niche policy to promote investments in the garment and apparel sector, considering its job creation potential and boost its ‘Make in Maharashtra’ plans. The policy will focus on setting up garment and apparel units in the cotton-growing areas of Vidarbha and Marathwada, which are also known for agrarian distress and farmer suicides.
Caprolactum price rises on short supply and cost support
Asian markers, the SE and FE were up US$20 a ton in the second week of July. In China, offers for liquid spot were up US$15 a ton while solid goods offers were up US$15 a ton.
Caprolactum prices firmed up further in Asian markets on cost support and supply shortfall due to production cuts. Mainstream discussions for liquid and solid goods in China were up again that week while mainstream values for East European goods gained further amid slow liquidity and tepid demand.
