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Related Keywords: announced competition, investing in new technology, leading edge of fiber science, National Council of Textile Organizations, nonprofit organizations., open to leading manufacturers, President Barack Obama, Revolutionary Fibers and Textile Manufacturing Innovation Institute, strengthen US manufacturing, universities

President Barack Obama announced a competition called the “Revolutionary Fibers and Textiles Manufacturing Innovation Institute” for a $150 million public-private investment in a new textile manufacturing innovation institute on Wednesday to strengthen U.S. manufacturing by investing in new technology.

Related Keywords: garment manufacturing technology, ITMA 2015, MP Expositions, textile machinery, Textile roadshow, textile technology

ITMA 2015, the world's largest textile and garment manufacturing technology showcase, is expected to draw over 100,000 visitors from around the world. To encourage early registration, special rates are available to visitors who order their badge online (www.itma.com) from now until 15 October. The early bird badge rates are Euro 80 for an 8-day badge and Euro 40 for a 1-day badge.

Related Keywords: Bangkok Cable Company Ltd, Bangkok Polyester, BPC, IVL, polyethylene terephthala, polymer maker, Subsidiary Indorama Petrochem ltd, Thailand Indorama Ventures

Thailand’s Indorama Ventures Public Company Limited (IVL) informed on Wednesday that its subsidiary Indorama Petrochem Limited, Thailand has signed a definitive share purchase agreement with Bangkok Cable Company, Limited, a major shareholder, to acquire 94.91 percent equity stake in polyethylene terephthalate (PET) polymers maker Bangkok Polyester Public Company Limited (BPC), Thailand.

Bangkok Polyester is a producer of PET polymers in Rayong, Thailand, with an annual capacity of 105,000 tons.

Related Keywords: Convention and Exposition, Cotton USA, knitting, Latin American uniform garment manufacturers, NAUMD 2015, North-American Association of Uniform Manufacturers and Distributors, raw material supply chain, uniform and image apparel industry, weaving and dyeing and finishing, yarn spinning

The North-American Association of Uniform Manufacturers & Distributors (NAUMD) is a trade association representing the interests of all parties in the uniform & image apparel industry announced its 2015 Convention and Exposition for leaders in Public Safety apparel & accessories. COTTON USA to host a delegation of Latin American uniform garment manufacturers at the 2015 NAUMD.

Related Keywords: Ambassador of Indonesia, Burhan Muhammad, enhance bilateral trade, FCCi, new potential market, Pakistani exporters, partake in Jakarta Textile Expo 2015, textile products, trade with Indonesia

Faisalabad Chamber of Commerce and Industry (FCCI) to partake in Jakarta Textile Expo as it would not only give a new potential market to Pakistan but also help in further enhancing their bilateral trade. It will also exploit its good offices to make it a total success, said President FCCI Engineer Rizwan Ashraf said while talking to Ambassador of Indonesia Burhan Muhammad during a special function held here on Tuesday.

Related Keywords: Cotton market, cotton season, higher consumption of cotton, KCA, qaulity lint, spinners worry over

The higher consumption of cotton this season by the textile industry has left reduced stocks of cotton with ginners which is also worrying spinners who have yet to see the season through.

On Tuesday at the cotton market, as quality lint remained in short supply against higher consumption, the cotton prices move upwards. But,the Karachi Cotton Association (KCA) kept its official rates fixed at Rs5,000 per maund.

The cotton analysts failed to understand as to why the KCA left its rates unchanged despite substantial increase in prices on ready deals.

Related Keywords: cheap imports, cotton sewing thread, denim, locally manufactured clothing uncompetive, plain weave, sewing thread of man-made staple fibres, textile material duty free, Zimbabwe govt, Zimbabwean clothing and textile sector

At the time when Zimbabwean clothing sector is facing stiff competition from cheap imports that have flooded the market, making locally manufactured clothing uncompetitive. The government has granted a one-year rebate to the clothing and textile industry which will allow 52 manufacturers to import textile materials duty-free.

Rebate is an amount paid by way of reduction, return, or refund on what has already been paid or contributed.

Related Keywords: at CHIC, China International clothing and accessories fair, Chinese garment industry, conducting Preview in China, Korea Federation of Textile Industries, Korea-China FTA, largest fashion fair in Asia Pacific region, Superior Factory

Korea Federation of Textile Industries (Chairman Sung Ki Hak) is conducting a 'Preview in China 2015' at the China International Clothing & Accessories Fair (CHIC), the largest and most influential fashion fair in the Asia-Pacific region at which over 1000 brands from 23 countries and regions are to be exhibited, attracting more than 115,000 visitors and buyers.

Related Keywords: develop cooperation in textile sector, facilitate bilateral trade and investment, fashion, Government of Kyrgyztan, MoU with India, Santosh Kumar Gangwar, set up joint working group, silk and sericulture, textile exports, Textile Minister, textiles and clothing

The government of Kyrgyzstan has signed a memorandum of understanding (MoU) to develop cooperation in the textile sector with India. The MoU was signed by India's Textiles Minister Santosh Kumar Gangwar and the visiting Kyrgyzstan's Minister of Energy and Industry Kubanychbek Turdubaev in New Delhi.

The two countries have also agreed to set up a Joint Working Group to explore details of cooperation within the scope of the MoU and the steps required to facilitate bilateral trade and investment.

Related Keywords: apparel fabrics, both exhibitors and visitor, fashion garment, Knitwear, natural and blended yarn, showcase latest collection, Suppliers from Asian and European countries, yarn and fibers, Yarn Expo Spring 2015

Yarn Expo Spring 2015, a leading sourcing platform to both exhibitors and visitors after seeing strong growth in its visitor number last year is set to continue this momentum in a new venue – the National Exhibition and Convention Center (Shanghai) from 18-20 March 2015.