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Related Keywords: cotton production, cotton yarn production, create favourable condition for investors, introduce new technologies, over the years of independence, raise foreign investment, rise in textile product exports, seen increase in cotton fiber processing, tenth producer of cotton, textile industry expansion programme, Turkmenistan

Turkmenistan over the years of independence has seen increase in cotton fiber processing from 3 percent to 51 percent. Also the country’s cotton yarn production has increased 2.4 times from 2000 to 2015 and cotton production 4 times.

The country aims to raise foreign investment to bring further expansion in its textile industry for which they intend to create the most favorable conditions for investors and also introduce, new technologies.

At present, Turkmenistan has more than 70 enterprises producing cotton yarn, cotton, terry, denim, knitted fabrics and knitwear

Related Keywords: access global markets, AGTEK, awareness programme, coorganize quality and safety workshops, free trade business landscape, in-depth understanding of stringent international quality, safety standards, sign MoU, take VN textile companies to next level, TUD SUD

TUV SUD, global testing, certification, inspection and training provider dedicated to adding tangible economic value to its customers has inked a deal with the HCM City Association of Garment Textile Embroidery and Knitting (AGTEK). The agreement is expected to immensely benefits its members to take their business to the next level and access global markets. A memorandum of understanding (MOU) was signed between the two sides yesterday.

Related Keywords: Arvind Internet, Arvind Ltd, double revenue, ecommerce division, entered into third-party tie-ups, entire offline stores will be digitized and live, first omni channel fashion strategy, integrate physical stores, launched NNNow.com, middle of this fiscal, online platform, textile manufacturer, to sell other brand of their portal, warehouses

Textile manufacturer Arvind Ltd’s e-commerce division Arvind Internet has launched NNNow.com, its first omni channel fashion strategy that will integrate its physical stores, online platform and warehouses, expects to garner 10-15 percent of its business from online sales in the next three to four years, said Kulin Lalbhai, executive director of the company.

Currently their brand revenue is Rs 3,000 crore and they expect this revenue to grow to $1 billion (Rs 6,700 crore at the current exchange rate) by 2020 The brands business is growing 20 per cent CAGR.

In China, medium-length staple fiber and cotton-type staple prices rolled over in the second week of May.

Anqing Petrochemical and Qilu Petrochemical nominated 1.5D cotton-type fiber at 12.45 Yuan a kg (US$1.91 a kg) and 12.05 Yuan a kg (US$1.85 a kg), respectively.

Acrylic staple fibre prices managed to remain range bound in Asian markets although downstream buying interest was low for lack of bullish signs and positive expectations.

Related Keywords: acrylic staple fibre, acrylonitrile prices, ASF prices, asf prices in China, asf prices in India, asf prices in Pakistan

Asian acrylonitrile marker, the CFR Far East Asia gained another US$15 a ton in the second week of May while Southeast Asia was up US$29 a ton. In China, spot prices inched up on the week.

Acrylonitrile prices in Asia further headed north as supply remained tight in due to several turnarounds. Thai PTT plant went offline from 10 May for a month shrinking supply in the region.

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

Related Keywords: Bangladesh to extend its textile and jute products, exportation of jute products to Uganda, facilitate the trade on duty free basis, formulate bilateral trade, moves from plastic packaging to biodegradable materials, plan to share information and technology on trade, set to sign MoU, tax exemption on importation of jute, Uganda and Bangladesh

Uganda and Bangladesh the two countries plan to share information and technology on trade where Bangladesh will be extending its textile and jute products to the country for which they are set to sign a Memorandum of Understanding (MoU).

Mr Mahmood Hudda, the Honourary Consul of Bangladesh in Uganda, said that the exportation of jute products to Uganda is timely as the country moves from plastic packaging to biodegradable materials.

They are also looking at the Trade ministry to look into tax exemption on importation of jute to facilitate the trade on duty free basis.

Related Keywords: announce a bailout package, besides boosting the textile exports, caused loss of two hundred billion, cotton import due to limited resources, cultivation of cotton on maximum area, during current season, enhance the production of cotton, farmers, ginners to work like a team to motivate the growers, Pakistan cotton production declined, PCGA

Pakistan cotton production has declined by 5,100,000 bales during the current season which has caused loss of Rs200 billion to national kitty. The federal commerce minister Khurram Dastgir Khan expressing serious concern over the decline in cotton production situation of the country assured the delegation of Cotton Ginners Association (PCGA) of taking immediate and solid steps as they cannot afford huge losses and cotton import due to limited resources.

Related Keywords: Belarus and Armenia, chance to capitalize on a market, garment based products, made its final stop at Dushanbe Tajikistan, move freely into Russia, new brand initiative by TDA, opportunity for Pakistani goods, Pakistan Trade Caravan, strategic trade inroads into Central Asia, through Tajikistan and Kyrgyzstan, trade in textile

A Pakistan trade caravan a new brand initiated by the Trade Development Authority to make strategic trade inroads into Central Asia made its final stop at Dushanbe, Tajikistan on Tuesday where buyers and visitors crowded the Hyatt Hotel to see the goods that were up for display and sale.

Related Keywords: attractive option for investors, has invited three solar power developers, hunt for investors to fund small solar farms, Indian Texpreneurs Federation, on factory rooftops, safer development models in renewable energy, take care of power needs, Tamil Nadu spinning mills, textile belt of Coimbatore and Tirupur

Spinning mills in the textile belt of Coimbatore and Tirupur have begun hunting for investors to fund small solar farms on the rooftops of their factories as power can be consumed directly, with minimal wheeling or transmission charges for the energy as opposed to drawing power from distant solar farms or state -provided grid power. It is safer development models in renewable energy.

Investor interest in funding small, rooftop units in the south have picked up due to attractive returns from a round-the-year textile industry.

Related Keywords: annual pan African textile, boost exports to South Africa, bring together manufacturers, buyers, clothing and footwear trade event, Enterprise Mauritius, lead major delegation of thirty nine enterprises, major integrated event, organizing a fashion show, Preferred Next Door Partner, Source Africa, suppliers and services providers

Source Africa will take place for the 4th time in Cape Town this year. It is now the most important annual pan-African textile, clothing and footwear trade event on the international calendar. Source Africa will bring together manufacturers, buyers, suppliers and services providers in one major integrated event, enabling international and African buyers to view and explore an extensive array of products and services from Africa.