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Related Keywords: continued growth of synthetics, growing demand, in NAFTA and CAFTA regions, include new texturing machines, increase polyester texturing capacity, leading producer, manmade yarn, multi filament polyester, nylon textured yarns, opportunity for textile industry, Unifi Inc, upto ten percent

Greensboro, N.C-based Unifi Inc. a leading producer of multi-filament polyester and nylon textured yarns and related raw materials has announced plans to increase polyester texturing capacity in the United States and Central America by up to 10 percent.

The expansion includes new texturing machines in Yadkinville, N.C., Madison, N.C., and El Salvador.

Unifi reports the investment is driven by the growing demand for man-made yarns in the NAFTA and CAFTA regions.

Related Keywords: CCI, Cotton Advisory Board, current marketing year, loss incurred, minimum support prices, prevent distress sales by farmers, procurement operation, procures fibre from farmers, record losses incurred, reimbursed by government, State run cotton corporation of India, textile vision policy

The state-run Cotton Corporation Of India (CCI) that procures the fibre from farmers at minimum support prices (MSPs) to prevent distress sales by farmers and sells the stocks later in the market. Any loss incurred out of the procurement operation is reimbursed by the government. In the current marketing year through September, the government will likely incur record losses of around Rs2,500 crore on its cotton procurement operations.

Related Keywords: dyes and dyestuff, Green Environment, Green Technology, textile chemicals, textile processing, textile processing clusters, textiles in Mumbai

A seminar on Challenges and Opportunities in Textile Processing – A Way Forward was held on 21 May 2015 organised by the Textile Association (India), Mumbai Unit. The chief guest was R R Gorakhia, Director, Textiles Committee, Ministry of Textiles. S M Khire, Director – Operations, Welspun Syntex Ltd. was the Guest of Honour.

The seminar was held in Thane for the benefit of textile processing clusters around the city of Mumbai. The focus was mainly on Green Environment and Green Technology. The seminar was attended by over 150 participants.

Related Keywords: developed by researchers at Hongkong, enhance textile industries, Hong Kong Polytechnic University, listed in China national plan, New Yarn manufacturing technology, reduce energy consumption, ring spinning methods, spin low twist, Technology named Nu TorqueTM

Led by Professor Xiaoming Tao, researchers at The Hong Kong Polytechnic University have developed a new yarn manufacturing technology that can increase productivity with less energy consumption. The technology has been named Nu-TorqueTM. The technology with acceptable quality and efficiency can spin low-twist yet high-strength singles yarns with low residual torque. Their method can reduce yarn twist by 20-40% compared to the conventional method – being the lowest among all ring spinning methods.

Related Keywords: Gas Infrastructure Deve¬lop¬ment Cess, KCA, lack of buying, moved lower, Pakistan cotton prices, reduced activity, second consecutive session, second straight session, spinners disappointed, spot rates reduced, textile processing industry

Pakistan cotton prices for the second consecutive session moved lower. On Tuesday, cotton prices came under pressure due to lack of buying interest. The Karachi Cotton Association (KCA) also reduced its spot rates for second straight session by Rs50, to Rs5,400 per maund.

Disappointed over the Gas Infrastructure Deve¬lop¬ment Cess (GIDC) Act, 2015, spinners reduced their activity.

Related Keywords: carpet, Export development fund, GSP plus, includes textile and clothing, International Road Trans-ports Convention, major exportable products, no refund, no tax, Pakistan commerce ministry, proposes zero rating

The Pakistan commerce ministry has proposed zero-rating for major exportable products which includes textile and clothing in the next budget. The proposal of zero-rating would mean no tax, no refund. The other major exportable items are carpets, sports, surgical and leather goods.

Related Keywords: boost exports, capitalize on manufacturing, create employment, Ethiopian government, improve textile sector, Industrial park, industrial zone, major manufacturer, opened textile park in Hawassa, planning investment, target to increase textile exports

The Ethiopian government to improve its textile sector and boost exports is planning to make investment to the tune of US$1bn in industrial parks over the next decade. This will help enhance the country’s overall position as a major manufacturer.

Arkebe Equbai, special advisor to the Ethiopian Prime Minister said that in terms of industrial development and manufacturing development, they want to make Ethiopia number one in Africa.

Related Keywords: and towels, bath robes, bed sheets, blankets, comforters, expansion of Raymond Home, home furnishing products, home textile market, Pillow covers, Raymond, set up exclusive brand outles, textile and apparel company

Raymond, the branded home textile market in India, rechristened its bed and bath range of home furnishing products as Raymond Home. According to a top official of the brand with home fashion becoming a very important element in day-to-day life, India’s leading textile and apparel company Raymond Group’s arm, Raymond Home, plans to set up 30 exclusive brand outlets (EBOs).

Related Keywords: agricultural season, CAPMAS, decrease in cotton import, during second quarter, Egyptian cotton exports, increased inventory, low Egyptian cotton prices, witnessed increase

The total volume of Egyptian cotton exports witnessed increase during the second quarter of the 2014-15 agricultural season, to reach 246,000 metric quintals, growth by 94.3 percent year-on-year, compared to 126,600 metric quintals exported in the same period during the last season, according to a Central Agency for Public Mobilization and Statistics (CAPMAS).

Increase in export is attributed to the low Egyptian cotton prices due to the increased inventory of cotton since the previous season.

Related Keywords: bilateral trade revenue, boost bilateral trade ties, boost exports of textile and garment, EEU free trade agreement, FTA, Prime Minister Nguyen Tan Dung, Signing cermony, trade pact, Vietnam and Eurasian economic union

Prime Minister Nguyen Tan Dung is scheduled to leave for Kazakhstan on Thursday to attend the signing ceremony for the Vietnam – EEU Free Trade Agreement, according to Dau Tu (Investment) newspaper. One such trade pact is the FTA between Vietnam and the Eurasian Economic Union, which is slated for signing by the end of this month.

The EEU consists of Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, and Russia.