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Rising cotton price worries yarn makers

Related Keywords: China imports, China was importing cotton, cotton, higher cotton prices, main consumer of cotton, raw material, Shankar 6, South India Spinners’ Association, Textile Industry, Textile mills, textile value chain, yarn prices

According to industry sources cotton stocks with small and medium-scale mills would be low. Internationally, China was said to be importing large quantities. Those who were buying for daily needs might be affected.

The mills that had covered cotton at the beginning of the season would benefit now. The mills fear that as the season comes to an end, the prices might go up further. Since cotton is the main raw material, the entire textile value chain will be affected.

Apparel brand Arvind Fashions is planning to open 50 new stores of its men's fashion brand Arrow

Related Keywords: apparel brand, Arrow, Arvind Fashions, Calvin Klein, Cherokee, Ed Hardy, Elle, Gant, Geoffrey Beene, Hanes, heritage brands division, Izod, licensed international brands, Megamart, Nautica, PVH Corp., Tommy Hilfiger, US Polo Association

Other licensed international brands of Arvind besides Arrow include Gant, Nautica, Izod, US Polo Association, Elle, Ed Hardy, Hanes, Cherokee, and Geoffrey Beene. The company also has a portfolio of 12 of its own brands.

Arvind has a joint venture with PVH Corp. for the Tommy Hilfiger and Calvin Klein businesses in India and it also runs value retail chain Megamart.

VF Corporation double-digit revenue rises in it's last quarter, aided by the acquisition of Williamson Dickie

Related Keywords: 2021 strategy, action sports brands, jeanswear label Lee, performing brands, The North Face, The Vans, Timberland, VF Corporation, VF is in the midst of a transformation, Williamson-Dickie, Wrangler

VF expects revenue for the 2019 fiscal year to rise between nine and 10 per cent, coming in between $13.45 billion (£9.91 billion) and $13.55 billion (£9.99 billion) looking ahead. It’s outdoor and action sports brands, which include Vans, The North Face and Timberland, saw sales increase 19 per cent. Vans continued to be its best performer with a 45 per cent rise in sales, while The North Face saw an 11 per cent rise.

Invista Performance Technologies announces the success of it's latest P8 PTA technology

Related Keywords: Invista Performance Technologies, Jiaxing Petrochemical, P8 PTA technology, polyester PET, Purified Terephthalic Acid (PTA), raw material and utility consumptions, Tongkun Group

Purified Terephthalic Acid (PTA) is an organic compound, used mainly as a precursor to the polyester PET, used to make plastic bottles and clothing.

This represents another major win by IPT in the innovative development and successful deployment of industry leading PTA technologies aimed at creating competitive advantage for the customers, the company reports.

Invista’s latest P8 PTA technology is available as a licence package from Invista Performance Technologies.

Indian textiles industry gets support from Karl Mayer

Related Keywords: beach towel made from a double-face fabric with a cotton, embroidery grounds and simple fabrics for saris, high-speed tricot machines, Indian textile specialists, Indian Textiles and Nonwovens, innovative textile products, Karl Mayer, Klaus Schulze, mesh patterns, polyester microfibers, raschel-knitted fabrics, RSJ fabrics for sportswear and leisurewear, terry fabrics, textile product development, VDMA Symposium, voile-like fabrics, warp knitting, warp knitting companies

The VDMA Symposium in India included 36 application-oriented papers presented by more than 30 well-known companies in which there were about 100 delegates in the auditorium, including many representatives from weaving companies. Karl Mayer was showing its Terry. Eco concept for warp knitting and this system for the ecological and economical production of terry goods went down well with the visitors.

Downstream nylon market witness price drops in May

Related Keywords: benzene prices, caprolactum price, caprolactum price in China, cost of nylon, CPL price, nfy price, nylon 6 price, nylon chips prices, nylon cost, nylon fiber price, nylon filament yarn prices, Nylon prices, nylon prices in China, nylon-66 price, polyamide chips price

Benzene prices in Asia climbed in May on the back of improved demand and rising energy prices. In US, spot benzene prices rose during the month tracking upward movement in crude oil values as well as rising costs for other aromatics products. Europe, benzene prices moved up this month, given rising oil prices and healthy demand. Asian marker, FOB Korea inched up 2.9% in May while US spot prices jumped 0.3% as compared to April. European spot rose 1.5-2% on the month.

ITM 2018 International Textile Machinery Exhibition achieves great global success

Related Keywords: exhibitor booths, HIGHTEX 2020 Exhibition, international textile machinery exhibition, ITM 2018 Exhibition, ITM 2020 Exhibition, textile sector, Textile show

The ITM 2018 Exhibition has achieved great success this year and continues to innovations. The duration of the ITM 2020 Exhibition was extended to five days on the basis of intense demand from exhibitors and visitors. Being the address for world launches, the ITM 2020 Exhibition will host exhibitors and visitors from around the world.

Beaulieu Fibres International presents its platform of unique Meralux fibres

Related Keywords: Beaulieu Fibres International, composites industry, global market growth, Hygiene Fibres, Meralux fibres, polyester-core (PET) BICO, polyolefin fibre supplier, standard round fibres to nonwoven constructions, Technical Textiles, Tokyo Big Sight, UltraLink fibres

Since Meralux was first launched in April 2017, the portfolio has expanded to include Meralux T and Meralux Soft. Beaulieu Fibres International is currently expanding its production programme with polyester-core (PET) BICO. In addition, a pilot line for new developments is under construction and are expected to come on stream in 2018.

Kelheim Fibres with a new viscose fiber at ANEX

Related Keywords: ANEX, cellulose, Danufil QR, INDA/EDANA, Kelheim Fibres, short cut fibers, specialty fiber, specialty fiber Galaxy®, VILOFT, viscose fiber, viscose specialties

Another member of Kelheim’s hygiene product family is the flat specialty fiber VILOFT®, which, with the current release of the newest flushability guideline (GD 4) by INDA/EDANA becomes more important than ever.

Kelheim will also showcase its long-established specialty fiber Galaxy®, the world-leading viscose fiber for tampons and all end uses where high absorbency is required, as well as many other viscose specialties. The team of Kelheim Fibres is looking forward to welcoming visitors at their booth #737, East Hall 1, Tokyo Big Sight.

This is major relief for the textile industry, says Ujwal Lahoti

Related Keywords: Goods and Services Tax, GST and IGST claims, mandi tax, refund of embedded taxes, Refund on State Levies, stamp duties on export documents, Textile exporters, Textile Industry

Ujwal Lahoti, chairman, Cotton Textile Export Promotion Council said that, “Some policy measures like refund of embedded taxes (also recognised by the Economic Survey for 2017-18), extending the ROSL scheme which refunds state levies like value added tax and generation of captive power, mandi tax, duty on electricity, stamp duties on export documents, etc, and to expedite the refund of pending GST and IGST claims, and ROSL of exporters need to be considered on priority basis.”

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