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Vietnam garment industry joins processing stages in global supply chains

Related Keywords: depends on imported material, especially from China, global supply chain, industry production, join processing stages of cutting and sewing, lowest stages of the supply chain, not major production stages, production of materials and design, supply chain remains weak point, Vietnam local garment industry, Vinatex, Vitas

Vietnam's local garment industry that depends on imported material from abroad, especially from China which accounts for 50 percent of the material for the industry’s production. Also most of the machines, chemicals and textile dyes that Vietnam's garment industry uses need to be imported. That means the supply chain remains the weak point in Vietnam's garment sector for which it has taken a small step to join the processing stages of cutting and sewing in the global supply chain, said Vu Duc Giang, chairman of the Viet Nam Textile and Apparel Association (Vitas).

ATRS acquires Indianapolis clothing collection facility

Related Keywords: acquired Indianapolis clothing collection facility, ATRS, DAV Indiana, leader in clothing donation programs and services, nations fatest growing textile recycler, textile recycling solutions

The Houston-based Clothing recycler American Textile Recycling Service (ATRS) the nation’s fastest growing textile recycler and a leader in clothing donation programs and services has announced the acquisition of clothing collection facility formerly owned by Retail Management Specialists of Eastern Missouri LLC, in Indianapolis which operates Red Racks and Team Thrift stores in Colorado, Kansas, Missouri and Utah for an undisclosed amount.

Habi market fair seeks revival country’s weaving tradition

Related Keywords: abaca, beautiful labor intensive products, by various indigenous tribes, cotton, growing market for weaving tradition, handwoven and hand-embroidered clothes and textiles., Likhang Habi Market Fair, pina, using locally sourced natural material

The recent held Likhang Habi Market Fair at Glorietta was an indication that there is a growing market the country’s weaving tradition that makes beautiful and labor-intensive products mostly by various indigenous tribes using locally sourced natural materials like cotton, piña and abaca.

Launched in 2009, the three-day annual textile fair provided a venue for traditional weavers and embroiderers from Luzon, Visayas and Mindanao to showcase their products, touch base with old customers and develop new clientele.

Pakistan exporters vexed over non release of customs rebate, ST refunds

Related Keywords: at stake for liquidity shortfall, backlog of refunds, Chairmand Muhammad Jawed Bilwani, Computerized Refund System, Pakistan Apparel Forum, Pakistani value added textile exporters, pushing exporters to financial crisis, sales tax refunds, scaling down textile manufacturing, vexed over the non-release of their customs rebate

The Pakistani value added textile exporters vexed over the non-release of their customs rebate and sales tax refunds that came to huge amount scaling down the textile manufacturing and pushing the exporters to financial crisis. The Pakistan Apparel Forum Chairman, Muhammad Jawed Bilwani called the backlog of the refunds a 'dilemma', saying that the textile manufacturing was at stake for liquidity shortfall.

Karl Mayer Malimo and Liba merge to form new technical textiles company

Related Keywords: contract sgned to seal the merger, develop new end users, develop new products, form a new technical textile company, Karl Mayer, Karl Mayer Technische Textilien GmbH, Malimo Textilmaschinenfabrik GmbH, market requirement, merge with Liba Textilmaschinenfabrik GmbH, operate from existing locations in Chemnitz and Naila, participate at JEC

Karl Mayer Malimo Textilmaschinenfabrik GmbH and Karl Mayer Liba Textilmaschinenfabrik GmbH has merged to form a new technical textiles company which will be known as Karl Mayer Technische Textilien GmbH. A contract to seal the merger between the two companies was signed on 24 August 2015.

The new company will operate from the two existing locations in Chemnitz and Naila, and the head office will be in Chemnitz. The managing directors of the old subsidiaries, Jochen Schmidt, Marcus Kube und Karlheinz Liebrandt, will head the new company.

Dwindling demand, rise in yarn prices add to woes of textile sector in Surat

Related Keywords: anti dumping duty on majority of fibres, Chinese polyester clothing making inroads into India, dwindling demand, exodus of migrant textile workers, going through tough phase, MGNREGA scheme, powerloom weaving unit closure, rising prices of yarn, Textile sector of Surat, textile workers demanding wage hike, Weak domestic demand for MMF

Surat’s textile sector is going through a tough phase due to dwindling demand and rising prices of yarn. The sector that accounts for 40% of the MMF fabric demand in the country and the city's over 6.5 lakh powerloom machines manufacture around 3 crore metre of fabrics worth Rs 45 crore per day. The 450 textile processing units in the city manufacture finished fabrics, including saris and dress materials.

Textile Association India to organise conference on Innovations at ITMA 2015

Related Keywords: global textile machinery, Indian textile industry, ITMA 2015, knitting machine, nonwovens machine, spinning machine, Textile Association (India), weaving machine

The Textile Association (India), Mumbai Unit takes pleasure in announcing a Conference on “Innovations @ ITMA 2015, Milan” on 12th February 2016 at Hotel The Lalit Mumbai, Sahar Airport Road, Andheri(E), Mumbai – 400 059, India.

Polyester yarn price rolls over in Asian markets

In Shengze of Jiangsu, offers for 32s polyester yarn prices fell US cents 2 a kg and 45s were down US cent 1 a kg in the first week of December.

Polyester spun yarn prices were seen moderating or rolling over in line with the movement in fibre prices in Asian markets.

In China, offers of spun polyester yarns in Shengze of Jiangsu were weakly stable, and downstream did not buy too many batches of goods.

Mainstream offers for spun polyester yarn 32S and 45S declined as PSF prices softened.

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

PTA price slips in Asia amid bearish market sentiment

Asian PTA markers lost US$5 a ton CFR China in the first week of December.

In China, sellers showed no interest at cargoes priced below US$600 a ton, and buyers bid at below US$600 a ton. Offers for bonded cargoes were at above US$600 a ton.

Yisheng Petrochemical’s offers were at US$601-604 a ton through the week while Hengli Petrochemical issued self-lifting offers in the range of US$620-625 a ton.

Purified terephthalic acid prices slipped in Asian markets on bearish sentiment and thin trading.

Related Keywords: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

Lackluster trading activity seen at Pakistan cotton market

Related Keywords: APTMA, demand remained soft, lackluster trading activity at cotton market, large loss in cotton output this season, lint price not hardened, low quality of cotton fibre, mills facing payment problem, price mostly stable, seed cotton

Trading at cotton market was lackluster as demand remained soft though prices were mostly stable on Thursday. The seed cotton (kapas / phutti) prices in Sindh are said to have ranged from Rs 2000 to Rs 2900 per 40 kgs, while in the Punjab they reportedly extended from Rs 2,000 to Rs 3,000 per 40 kilogrammes according to the quality. Business was reported to have been conducted in moderate quantities.

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