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Related Keywords: become leading mattress fabric supplier, Bekaert Textiles, BekaertDeslee Textiles, Belgium based fabric suppliers, buy and build approach, create added value, create customer centered company, DesleeClama, global footprint, new entity, reached an agreement to merge, right industrial project

Belgium-based fabric suppliers Bekaert Textiles and DesleeClama announced they have reached an agreement under which Bekaert will acquire DesleeClama to become the world’s leading mattress fabric supplier as both companies have an ambitious growth strategy. The new entity BekaertDeslee Textiles will combine their strengths to create a customer-centered company with a unique global footprint, higher speed of delivery and a comprehensive product portfolio.

Related Keywords: Anti dumpting duty, cheap inbound shipment, fair trade, import of Mulberry raw silk, Imports of the silk from China increased, India government extends anti dumping duty, level playing field to domestic industry, neighbouring country China, protect domestic industry, unjustified increase in cost of products

Government has extended the anti-dumping duty on import of Mulberry Raw Silk for from the neighbouring country, China to protect domestic industry from cheap inbound shipments.

To this effect, the Department of Revenue in the Finance Ministry issued a separate notification, imposing an anti-dumping duty of USD 1.85 per kg on Mulberry Raw Silk from China.

Related Keywords: added jobs and to addd further, building renovations, Columbus Country Commissioner, Columbus County Economic Development, Economic incentives, growing textile company, improvements to new facility, receive incentives, Shodja Textiles, with highly-trained and skilled employees

Economic incentives for a growing textile company that has added 15 jobs in the past two years and expects to add at least 15 more jobs in another year were approved Monday night by the Columbus County Commissioners.

Shodja Textiles, doing business as Whiteville Textiles, will receive incentives totaling more than $41,000 over the next five years based on an investment of more than $1.5 million in building renovations.

The Company is in business since 2000, makes high-end fabrics used in the automotive industry, Chief Executive Officer Cameron Shodja told commissioners.

Related Keywords: cotton an agricultural corp, hand over its cotton wing, implementation of policies, Ministry of Textile Industry, much relevance to agricultural sector, Pakistan food security ministry, rejected the proposal, remain assoicated, seek to take back control of cotton department, sharp fall in cotton production, smooth coordination with provinces

The Pakistan food security ministry is seeking to take back control of the cotton department on the grounds that it has much relevance to the agricultural sector. Cotton was and agricultural crop and like other cash crops, its affairs must be handled by the food ministry for smooth coordination with provinces and implementation of policies. But the Ministry of Textile Industry has flatly rejected a proposal for handing over its cotton wing, stating that the department should remain associated with it.

In China, semi-dull FDY70D/24F prices fell US cents 3 a kg in the third week of January while FDY40D were stable on the week.

Nylon DTY 70D/24F prices rolled over while DTY 30D/10F prices declined US cents 4-7 a kg.

Monofilament 30D prices also fell US cents 8 a kg while 1.5D staple fiber dipped US cents 3-6 a kg on the week.

Nylon filament yarn markets sustained the weakness caused easing low operating pressure due to softening of caprolactum and nylon chip prices. Downstream consumers will shut down units in late January and will be cautious following up.

Related Keywords: caprolactum price, nylon chips prices, nylon filament yarn prices, Nylon prices, nylon prices in China

Asian markers, the SE and FE markers edged down US$50 a ton in the third week of January. In China, liquid good offers rolled over on the week with selling indications down US$20 a ton delivered. Solid goods offer fell US$15 a ton.

Sinopec cut its January contract nomination fell US$45 a ton for liquid goods with settlement at US$1,450 a ton. January contract nomination for high end goods were absent, with buying indications at US$1,100 a ton.

Related Keywords: benzene prices, caprolactum price, caprolactum price in China, Nylon prices

Related Keywords: China and Japan. two focus countries participating, handicrafts. culture, Handmade fabrics soaked in ethnic colours eye catching display for visitors, showcases most exquisite handlooms, Surajkund international crafts mela

The 30th Surajkund International Crafts Mela, organized by the Surajkund Mela Authority and Haryana Tourism in collaboration with Union Ministries of Tourism, Textiles, Culture and External Affairs began today. At least 23 countries will be part of the Mela, with China and Japan being the two focus countries.

The Surajkund Crafts Mela showcases some of the most exquisite handlooms and handicrafts of India and culture. Handmade fabrics soaked in ethnic colours make an eye catching display for the visitors.

Related Keywords: arriving with huge delegation, attract investment, begin on Feburary, Chief Minister Siddaramaiah, created land bank, includes textiles, Karnataka government, mobilize investments in investible projects, seven partner nations, thriving eco system for investment, upcoming global investors meet

The Karnataka government is looking to attract twice the Rs 1.30 lakh crore investment it has wooed in the last two years at the upcoming global investors meet which will begin on Febuary3, 2016. Chief Minister Siddaramaiah said that with a thriving eco-system for investment the state's expectations were "realistic". Several mega investment projects would be announced at the meet. The government hopes to mobilize investments in 116 investible projects identified already.

Related Keywords: accession to AEC and TPP treaty, ASEAN garment products, assure quality to retain clients, cut expenditure, directly compete with domestic products, expanding distribution system, flood Vietnamese market, local companies seek, lower interest rates, Promoting new design, strengthening brands, Vietnam Garment and Textile Corporation

ASEAN garment products likely to flood the Vietnamese market and directly compete with domestic products following the country’s accession to the ASEAN Economic Community (AEC) and Trans Pacific Partnership (TPP) treaty due to which Vietnamese textile and garment companies might face a huge challenge.

According to Nguyen Thi Dien, chairwoman and executive director of the An Phuoc Shoes Sewing and Embroidering Company, the customers will support domestic goods but the most important factor to retain Vietnamese clients is to assure quality.

Related Keywords: applications pending, applied to Textile Commissioner for UID, avialing state schemes, Maharashtra state government, notification issued, relaxation applicable only to textile projects, relaxed condition of obtaining UID number, simplified process for textile projects, subsidy for availing benefits, Unique identity number

The Maharashtra state government has relaxed the condition of obtaining unique identity number (UID) for availing the state’s schemes, simplifying the process for textile projects.

The state's Co-operation, Textiles and Marketing Department issued a notification on January 29 relaxing the mandatory condition of obtaining UID to avail the schemes implemented by the government.