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Related Keywords: a billion dollar industry in the West, across Himachal Pradesh, BOHECO, Bombay Hemp Company, Hemp, Jammu and Kashmir and parts of Punjab, little recognition in India, processed hemp fiber into fabric, shoes, team runs industrial hemp in India, upholstery, used for shirts, Uttrakhand, works with twenty five farmers and their families

Hemp touted to be a billion-dollar industry in the West has so far received little recognition in India because it is often confused with marijuana. But inside a cluttered office in one of Lower Parel's mill compounds, is a company dreaming of another green revolution. They are the team that runs India's first industrial hemp startup Bombay Hemp Company (BOHECO).

Sanvar Oberoi, one of the cofounders said that the textile ministry claims industrial hemp fibre can rake in a potential revenue of approximately Rs 240 crore annually.

Related Keywords: denim, developed new hybrid technology, for knitted denim, hosted seminar on technology, INVISTA, largest integrated producers of polymers and fibers, multi directional stretch, next generation of denim fabric, owner of Lycra brand, provides comfort and flexibility

Invista is one of the world's largest integrated producers of polymers and fibers, primarily for nylon, spandex and polyester applications. Also the owner of the Lycra brand unveiled the patent pending technology at the recent Kingpins Denim shows in Amsterdam and New York under the banner ‘Hybrid technology by Lycra brand’ for knitted denim.

The new developed technology for knit denim fabrics provides the comfort and flexibility of a knit with the authentic aesthetics and performance of a woven.

Related Keywords: betwen US and other eleven Pacific Rim countries, congress on beneftis of TPP, keep Chinese textiles out of equation, released the final textile outling the TPP deal, RILA to educate consumers, short supply within free trade region, textile and apparel items, The US government, yarn forward rule of origin

The U.S. government released the final text outlining the Trans-Pacific Partnership trade deal between the United States and 11 other Pacific Rim countries after years of negotiation. This is the final word that puts everything into a clearer light although many had a general idea of what the Trans-Pacific Partnership would be like.

The National Council of Textile Organizations, based in Washington, D.C., and representing U.S. textile mills, said in a statement that it would start an in-depth review of the agreement.

Related Keywords: approvals in setting up textile parks, cotton production, environmental clearance, modified TUFS scheme, provide employment, silk production, State governments urged to speed up, State textile ministers conference, Textile Minister Gangwar, under SITP scheme

The state governments urged to speed up approvals in setting up of textile parks, till now 72 textile parks have been sanctioned under the Scheme for Integrated Textile Parks (SITP), which are expected to provide employment to 4.5 lakh people with an investment of Rs 30,000 crore. This was informed by the Textile Minister Gangwar while addressing the state textile minister’s conference.

He also pointed out that there are difficulties in getting environmental clearances in several states. Hence urge the state governments to show interest on this issue and expedite much-needed clearances.

Related Keywords: apparel produced in Southeast Asian country, Chinese textile mnaufacturers, for the United States market, leading exporter of clothing, major importer of fabrics, struggling to cope with international demand, Trans Pacific Partnership agreement, Vietnam beocming a hot spot, weak domestic production, will be tariff free

With the conclusion of Trans-Pacific Partnership agreement, the apparel produced in the Southeast Asian country for the United States market will be tariff-free. This has enticed Chinese textile manufacturer to Vietnam which is turning into a hot spot as it has become a major importer of fabrics and a leading exporter of clothing. But weak domestic production has left local companies struggling to cope with international demand.

In Pakistan, 30s spun polyester prices in October were up PakRs2 on the month at PakRs110 per pound or US$2.33 a kg (up US cents 2).

Polyester yarn prices in Pakistan increased on the domestic markets, with a recovery in demand from the textile producers and the rebound of cotton prices.

Polyester spun yarn prices in China were largely steady in the fourth week of October, and some deals finally concluded. Demand for spun polyester yarn was thin, and some sporadic lots changed hands.

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

Asian PTA prices regained US$12 a ton CFR China in the fourth week of October.

In China, suppliers kept offers at US$620-640 a ton, and buyers pegged counter offers at US$590-600 a ton.

Yisheng Petrochemical issued daily cash-based price for PTA up US$10 to US$640 a ton, with no enquiries for arrived or to-arrive-at-port cargoes for the moment.

Hengli Petrochemical issued self-lifting offer for bonded cargoes on one-day trip at Chinese main ports at US$630 a ton.

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

Related Keywords: cost of doing business in Pakistan, cost of electricity in Pakistan, cost of energy in Pakistan, cotton bales in Pakistan, spindles capacity, textile exports of Pakistan, Textile Industry, textile mills in Pakistan

During the last three and a half months, over one million spindles capacity has been closed down in Pakistan mainly because of the unbearable high cost of doing business, said Tariq Saud, chairman of All Pakistan Textile Mills Association (APTMA).

He said that all these spindles were predominantly contributing to the exports of the country.

Related Keywords: impact of TPP, largest spinner of merino possum blends, New Zealand wool, tariff saving, textile sector export, to be modest, TPP tariff reductions, Wingate based textile manufacturer, Woolyarns, worth million annually

New Zealand's wool, leather and textile sectors export $621 million worth of products annually. They face $4 million worth of tariff savings when the Trans-Pacific Partnership (TPP) tariff reductions have fully kicked in. All tariffs on those sector's exports would be eliminated in the 12 TPP countries once the deal was fully implemented.

Related Keywords: cotton prices, decline in lint prices, ginners long position rushed to unload stock, KCA, lower, lower export orders for yarn, Pakistan cotton market, selling pressure, Spinners, spot rate

Cotton prices remained lower on Wednesday as ginners fearing further decline in lint prices having long position rushed to unload their stocks at Pakistan cotton market.

According to floor brokers, slow moving cotton demand from spinners in front of lower export orders for yarn and high prices of cotton compared to import parity kept prices under pressure.

The situation is highly perplexed because short crop and poor demand from China owning to high cost of Pakistani yarn against Indian and Vietnamese variety kept trading activity slow and restricted.