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Related Keywords: DMT, filament yarn, increase its present production capacity, investment is planned to be applied in about late next year, leading producer for PSF, market share, new fiber production plant, plan to invest USD seventy million, SASA

SASA, a leading producer in the world for polyester staple fibers, filament yarns, polyester-based and specialty polymers and intermediates (DMT), announced that they plan to make investment of USD 70 million for the new fiber production plant. This was decided at the Board of Directors meeting.

The investment is made due to the company’s need to increase its present production capacity and market share; and the investment is planned to be applied in about late 2017.

Related Keywords: CAB, Cotton prices recorded over 5 percent gain, current cotton prices rise as temporary, current crop year, following sharp decline in output estimates, hit fabric and garment manufacturers profit margins hard, non availability of good quality cotton, supported the move, Textile mills, Traders are estimating cotton output to decline further

Following a sharp decline in output estimates for the current crop year, prices of cotton have recorded over 5 percent gain after bottoming out on March 23. Non-availability of good quality cotton has also supported the move immensely.

Traders are estimating cotton output to decline further to 31 million bales (170 kg each). Some go down further with the fibre output forecast at 30 million bales for the current season.

Related Keywords: essential input for all modern textile machines, from compressors in spinning and weaving machine, regulating compressed air, spinners belong to SME category, spinning and weaving, Textile manufacturers in Coimbatore and Tirupur, TN textile belt, to plug leakages and save energy, trying to conserve its flow, turned their focus to air

Textile manufacturers in Coimbatore and Tirupur having understood that regulating compressed air, which is an essential input for all modern textile machines – from spinning to weaving – can help us conserve air, and consequently save energy. They have turned their focus to air now, trying to conserve its flow from compressors in their spinning and weaving machines to plug leakages and save energy.

In Shengze, offers for 32s polyester yarn were down US cents 2 a kg, and 45s were stable in the last week of March. In Qiangqing, offers for 32s remained unchanged during the week.

Offers for spun polyester yarns in China weakened slightly amid flat downstream demand. 45s saw better sales among other specs.

Related Keywords: Polyester prices, polyester yarn prices, psf prices, spun yarn prices, yarn prices in china, yarn prices in India, yarn prices in Pakistan

Asian PTA markers jumped US$10 a ton CFR China and CFR Southeast in the last week of March. By weekend, mainstream offers were between US$625-630 a ton, with discussions at US$615-620 a ton. Yisheng Petrochemical issued daily cash-based price for PTA unchanged at US$612-635 a ton.

Purified terephthalic acid prices jumped on firm upstream and PTA futures while unexpected shutdown supported the push. China's Hanbang unexpectedly shuts its new 2.2 million ton a year PTA plant.

Related Keywords: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

Related Keywords: Advanced Denim technology, Archroma, China Interdye exhibition, delivers specialized performance and color solutions, global color and specialty chemicals company, Metal-free acid dyes, Optisul C dyes, present latest and most innovative technologies

Archroma, a global color and specialty chemicals company committed to innovation, world-class quality standards, high service levels, cost-efficiency and sustainability for the textile, paper and emulsions sectors will present some of its latest and most innovative technologies at China Interdye 2016 in Shanghai.

Related Keywords: applications for technical textiles, demonstrating industry leading textile and composite materials testing solution, leading supplier of material test machines, Techtextil North American exhibition, used for R&D and quality assurance, Zwick USA, zwickiLine testing system

Zwick USA the world’s leading supplier of materials test machines who machines are used for R&D and quality assurance in more than twenty industries will be demonstrating industry leading textile and composite materials testing solutions at the Techtextil North America Exhibition to be held from May 3-5 at the Georgia World Congress Center in Atlanta, GA.

Related Keywords: caused price flare up, cotton bales, Cotton market, improved buying by mills and spinners, increase in booking orders by the foreign countries, Indian cotton export, official spot rate picked up, rates may go up in coming days, short supply, strong demand, witnessed rise in cotton prices sharply

The cotton market on Wednesday in the process of improved buying by mills and spinners, witnessed rise in cotton prices sharply, dealer said. According to market sources, short supply and strong demand by mills and spinners caused price flare-up. It is expected that the rates may go up in the coming days.

The official spot rate also picked up Rs 50 to Rs 5400 while in Punjab, rates of phutti were at Rs 2800-3150. In ready business 8000 deals of cotton bales finalized at Rs 5300-5750, dealers said.

Related Keywords: country exports ready-made garment (RMG), increase bilateral trade and investment, jute and jute good, meeting with FBCCI, Non-resident High Commissioner of Ghana to Bangladesh, open an Honorary Consulate in Dhaka, Samuel Panyin Yalley, showed interest to import jute bags from Bangladesh, suggested arranging trade fair between two countries

The non-resident High Commissioner of Ghana to Bangladesh Samuel Panyin Yalley at a discussion meeting with the board of directors of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) at its board room for increasing bilateral trade and investment suggested arranging trade fair between the two countries.

He proposed to open an Honorary Consulate in Dhaka and also showed interest to import jute bags from Bangladesh.

Related Keywords: AP sell yarn at lower cost, compared to those in other state, elected representative to address industry specific issues, government to improve competitiveness of the industry, main demands is reduction of VAT on yarn, pay two percent CST, sustain entire textile value chain, Textile industry in Coimbatore, TN pays five percent

The industries in Coimbatore especially textile industry want government to improve the competitiveness of the industries compared to those in other states for which they have some common demands that they want the elected representatives to address industry specific issues and some others. Even if the political parties do not include these in their election manifestos, they need to address the problems if elected to power, said industry representatives.

For the textile industry here, one of the main demands is reduction of Value Added Tax (VAT) on yarn.