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Yarn Forward rule to have major effects on signatory countries such as Vietnam

Related Keywords: apply to signatory countries, fabric produced from yarn, fiber manufacturing operations, involves twelve countries, made by TPP country, PSF, qualify duty free status, starting up or expanding, Trade agreement, Trans Pacific Partnership, under negotiation, United States led, US Trade Representative, Vietnamese companies, Yarn forward rule

United States led trade agreement Trans-Pacific Partnership (TPP) which involves twelve countries, is presently under negotiation. A key part of the proposed TPP is a rule known as “yarn forward” which would require that only fabric produced from yarn made by a TPP country would qualify for the trade agreement’s duty-free status. The rule is intended to ensure that the trade benefits of the TPP only apply to signatory countries rather than outside players such as China. However, the rule also likely to have major effects on signatory countries, such as Vietnam.

Aptma qualms 50pc closure of textile industry if any change in RRR

Related Keywords: across value chain, APTMA, closure of textile industry, energy constraint, fails to release refund, Federal Board of Revenue, government alters Reduced Rate Regime, high cost of doing business, high cost of finance, impose sales tax, labour wages, on all inputs and utilities, textile industry of Pakistan

Chairman All Pakistan Textile Mills Association (APTMA) S M Tanveer expressing concern over the critical situation the textile industry of Pakistan is going through due to high cost of doing business, energy constraints, high cost of finance and labour wages as against the regional competitors. Moreover, if the government alters the Reduced Rate Regime (RRR), fails to release stuck up refunds and does not ensure liquidity supply from banks to the textile industry immediately, it may end up with 50% closure of the textile industry.

Bangladesh spinners demand introduction of warehousing facility for cotton trade

Related Keywords: Ashik Composite Textile Mills, Bangladeshi spinners, cotton trade, demand warehousing facility, ensure timely sourcing, reduce lead time, reexport cotton, sell cotton to local cotton importers, Spinners, to other destination, to store cotton

Bangladeshi spinners demand introduction of warehousing facility for cotton trade to reduce lead-time and ensure the timely sourcing of the fibre. Under the facility, merchants from different countries will store cotton at Chittagong port warehouses to sell out their cotton to the local cotton importers and spinners. The merchants can also re-export the cotton from the port to other destinations.

The system is already in use by the Chinese government, which is the largest importer of cotton.

KPR Mill to add new green field manufacturing facility with investment of Rs175 cr

Related Keywords: coimbatore based, KPR Mill, leading garment exporter, manufacturing strength, plan to add green field manufacturing facility, Tirupur knitwear hub, total garment capital to increase

Coimbatore-based KPR Mill is planning to add a green field manufacturing facility of 36 million garment per annum capacity at an estimated cost of Rs 175 crore. With the latest addition to its manufacturing strength, the total garment capacity will become 95 million garments per annum. The project is expected to be completed during the current fiscal.

The development comes on the backdrop of increase in interest from global customers in the knitwear hub of Tirupur.

Quang Nam welcomes investment into garment and textile sector

Related Keywords: central province of Quang Nam, fiber-weaving-dying and garment complex project, garment and textile sector, not face tariff, Onewoo garment manufacturing plant, Taiwanese apparel factory, textile-garment-dyeing factory, Trans-Pacific Partnership agreement, Vietnam Textile and Apparel Association, welcomes inflow of capital investment

An inflow of capital investment is welcomed by the central province of Quang Nam into the garment and textile sector. Vo Van Hung, head of the Investment Promotion and Enterprises Support Agency of Quang Nam Province, said that many domestic enterprise delegations and foreign firms coming from South Korea, China and Taiwan have visited the province to seek investment opportunities in the textile and garment industry.

Cameroonian clothes stylist using banana leaves to make clothes

Related Keywords: by stripping, Cameroonian textile maker, create garments, drying and sewing, make clothing, popular local styles, tailor and stylist Solange Nana, time-consuming process, using banana leaves

Cameroonian textile maker, tailor and stylist Solange Nana in the small western Cameroonian town of Bafoussam, is using banana leaves to make clothing. By stripping, drying and then sewing the long leaves together. Solange Nana has created garments influenced by popular local styles.

The clothes stylist is beginning a tried and tested process. Stripping dried leaves from the banana tree, she's not planning to cook them, but make clothes from them which some use for cooking, others use them for medicinal purposes.

RSPCB issues closure notices to 893 textile units in Sanganer

Related Keywords: common effluent treatment plant, discharge untreated chemical water, failed to install, into Dravyawati river, issue closure notices, RSPCB, snap electricity and water connections, Textile units in Sanganer

Textile units in Sanganer have failed to install a common effluent treatment plant (CETP) and are discharging 17-18 million litres per day (MLD) of untreated chemical water into Dravyawati river. The Rajasthan State Pollution Control Board (RSPCB) following high court order has issued closure notices to almost 893 textile units. The power department and PHED have been also asked to snap all electricity and water connections of the identified units.

Denim makers plan to tie up with Bangladesh exporters to sell fabric

Related Keywords: Absolute Denim, Bangladesh big opportunity, Bangladesh Denim Expo, demand for denim garments, Denimco textile, Europe and US, Garmon Chemicals and Fashions, in denim business, major exporter of denim products, rise worldwide, Thai company, tie up with Bangladeshi exporters, to sell fabric, Turkish denim maker

Denimco Textile, a Turkish denim maker plans to link up directly with Bangladeshi exporters to sell the fabric as Bangladesh is a major exporter of denim products to Europe and US. Oguz Aksoy, marketing officer of Denimco present at the two day Bangladesh Denim Expo that began at Radisson hotel in Dhaka yesterday said that they are all set to open an office with one and a half months in Dhaka.

Euratex joined Techtexil and Texprocess fair to present sustainable use of resources

Related Keywords: awareness of energy consumption, Energy Made-to-Measure campaign, Euratex, European apparel and textile confederation, joined Techtextil, present major initiative, SMEs, support textile and clothing companies, sustainable use of resource, Texprocess fair

Euratex, the European Apparel and Textile Confederation joined the Techtextil/ Texprocess fair in Frankfurt to present its major initiatives, sustainable use of resources which is one of the key priorities of Euratex for the years to come.

Euratex in collaboration with dozens of organizations across Europe, in 2014 launched its Energy Made-to-Measure campaign which promotes key results of successful initiatives for energy efficiency in the sector.

Bangladeshi RMG companies turn to make factories more environmentally friendly

Related Keywords: ABA Group, Bangladeshi RMG companies, build greener factories, Cleaner textiles program, Envoy Textile and Viyellatex, factories environmentally friendly, full-fledged biological ETP solution, IFC backed Partnership agreement, investment, leading brands, long term benefits, reduce carbon emission, save water, Zara Inditex

As consumers all around the world and leading brands are placing ever more importance on good factory environments and environmental sustainability, Bangladeshi RMG companies has started making investment to turn their factories more environmentally friendly which will bring long term benefits.

It is encouraging seeing such investment which helps reduce carbon emissions as well as saving water being supported by Spain’s Zara-Inditex, one of the world’s largest apparel retailers, with the help of the IFC backed Partnership Agreement on Cleaner Textiles (PACT) program.

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