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Central Bank of Bangladesh to set up US$500 mn textile green fund

Related Keywords: Atiur Rahman, Central Bank of Bangladesh, dyeing and finishing, Governor of Bangladesh Bank, integrated knitting mills in Bangladesh, textile industry in Bangladesh, textile processing

With an aim to bring benefit to the country's vertically integrated knitting mills that operate their own dyeing and finishing facilities, the Central Bank of Bangladesh will create a US$500 million Green Fund for the textile sector. Textile processing like washing, dyeing, and finishing (WDF) are the key pillar of the country’s economy. The country has 1,700 WDF units and 200,000 workers contribute a net value added of up to 20 per cent to the textile value chain.

Imperial Tex introducing Umar Sayeed’s new lawn prints collections

Related Keywords: chiffon and silk, fifteen unique designs, Imperial Textiles, introduce lawn print collection, leading luxury fashion designer, manufacturer and textile-solution provider, quality collections including cottons and linens, Umar Sayeed

Imperial Textiles, leading manufacturer and textile-solution provider for designer textiles in association with Umar Sayeed, leading luxury fashion designer has launched Spring/Summer 2015 exquisitely embroidered lawn collection of fifteen unique designs each in two colour variants, with chiffon and silk duppatas.

ATF trade unions sternly oppose move to lease out mill by govt

Related Keywords: AFT mills, AITUC, Anglo French Textile Mills, Bharathi textile mills, develop a textile park, government move to lease out ATF, instead suggest, produce garments, Swadeshi cotton mills, to private players, trade union of the mills opposed

The trade union of the mills has sternly opposed the government’s move to lease out the State-run Anglo French Textile (ATF) mills to private players.
Instead, the trade union has suggested that the government develop a textile park by combining all the three Textile mills -- AFT Mills, Swadeshi Cotton Mills (SCM) and the Bharathi Textile Mills (BTM) -- and produce garments.

Strong demand from spinners led to surge in cotton prices

Related Keywords: Cotton market, Cotton price surged, creating panic buying, dwindling stock with ginners, KCA, needy spinners, spot rate, strong demand from spinners

Strong demand from spinners provoked by dwindling stock with ginners for the current season crop are creating panic buying from needy spinners who are eager to replenish their stock due to which cotton prices has surged.

Floor brokers said that strong demand for quality lint pushed prices to new record high on ready counter with highest quoted prices going up to Rs5450 per maund.

However, the Karachi Cotton Association (KCA) spot rates remained unchanged at previous level.

Spinnova working to create yarn from wood fibre

Related Keywords: create yarn from wood fibre, developing yarn thread technology, research and product development company, Spinnova Ltd, Technical Research Centre of Finland, to bring industrial scale process, using wet spinning technique, VTT, without chemical processing, won international biorefinery competition

Spinnova Ltd. is a research and product development company developing yarn thread technology that was launched at the Technical Research Centre of Finland VTT. The Finnish company is working to bring to industrial scale a process that creates yarn from wood fibre using a wet spinning technique.

LT Textile Cooperatief begins construction of large textile complex in UZbekistan

Related Keywords: Dutch textile firm, in Uzbekistan, increase capacity of processing, LT Textile Cooperatief UA, signed investment agreement, to constructe large textile complex, Uzbekistan the sixth producerm third largest exporter of cotton fiber in the worldUzbekistan is the sixth producer and third largest exporter of cotton fiber in the world

A large textile complex to be constructed in Kashkadarya region of Uzbekistan by LT Textile Cooperatief UA, a Dutch textile firm for which the Ministry of Foreign Economic Relations, Investments and Trade of Uzbekistan and LT Textile Cooperatief signed an investment agreement in October 2014. A land area of 30 hectares has been allotted for the construction of textile complex, as well as a number of privileges and preferences has been granted.

The 10th annual conference of ETT platform took place in Brussels

Related Keywords: Annual public conference of ETT, AUTEX, covered broad specturm, from new textile materials, new business model, theme Textile Research and Innovation in Europe, to advanced manufacturing technologies

The 10th annual public conference of the European Technology Platform for the Future of Textiles and Clothing (Textile ETP) covering a broad spectrum from new textile materials, to advanced manufacturing technologies as well as digitalization and new business models took place in Brussels from 25-26 March.

H&M, Kering to bring a revolutionary innovation in textile recycling

Related Keywords: come on board, cotton fiber textiles, development partners, from discarded clothing and textiles, H&M, Kering clothing brand Puma, meet fashion industry, rising demand for polyester filament, test commercial viability, textile recycling process, Worn Again

H&M and Kering clothing brand Puma are coming on board as development partners to help test the commercial viability of British upcycler Worn Again's model to meet the fashion industry’s rising demand for polyester filament and cotton fiber textiles.

The chemical-to-chemical textile recycling process used by Worn Again is designed to extract polyester and cotton from discarded clothing and textiles.

BARC to provide cost effective and lasting solution to treat textile effluents

Related Keywords: cost effective way, environmental safeguard, explore use of super absorbent application, lasting solution, Perundurai Textile Processors Association, SIPCOT Industrial Estate, tanning and textile units, technical expertise of BARC, to treat effluent discharged, zero liquid discharge

Perundurai Textile Processors Association is keen to explore scope for use of super absorbents application advocated by technical expertise of Bhabha Atomic Research Centre (BARC) to treat effluent discharged in a cost effective way by tanning and textile units in SIPCOT Industrial Estate. This super absorbent application could provide a lasting solution.

The need of the hour is technological intervention with less capital and operating costs, said Association Secretary Suresh Manoharan.

Biggest textile processing cluster coming up in TN

Related Keywords: facing closure, issuing notices, MADITSSIA, polluting groundwater, private industrial park, process of bleaching and dyeing, scattered textile processing units, state-of-the art bleaching and dyeing units, Tamil Nadu Pollution Control Board, to facilitate textile processing cluster

With Tamil Nadu Pollution Control Board issuing notices to the scattered textile processing unit for polluting groundwater in the process of bleaching and dyeing due to which they are facing closure. Madurai District Tiny and Small Scale Industries Association (MADITSSIA) is going to facilitate a textile processing cluster near Kariyapatti in Virudhunagar district.

It will be the biggest cluster in Tamil Nadu at a cost of Rs. 250 crore.

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