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2014-02-24 16:50:00
ATL finds survival arduous over unfair competition
The textile industry in Ghana is facing unfair competition presently from outsiders through the importation of cheap inferior textiles onto the Ghanaian market. Akosombo Textiles Ltd (ATL), textile
2014-02-18 15:45:00
Mudra Lifestyle decides to sell its Tarapur fabric unit
Mudra Group, operating in the textile industry since 1986 manufacturing fabrics and garments for domestic and export market, having facilities for fabrics & garments manufacturing, processing, design
2014-02-17 16:25:00
Pakistan government plan to set up industrial parks to boost exports
Pakistan government is working out all measures to take complete advantage of the GSP plus status given to them by European countries. One of measures taken is setting up industrial parks. The
2014-02-15 14:00:00
Textile industry in Punjab quivers due to load shedding
Punjab-based textile industry unable to operate to the fullest capacity, due to the prevailing energy crisis, despite holding the GSP plus status from the EU since January 2014. This province is a
2014-02-15 11:00:00
Blumer & Lumb JV with Shandong Ruyi
Bulmer & Lumb Group Ltd a British textile manufacturer has joint ventured with the giant Shandong Ruyi Technology Group Co Ltd based in Shandong province of China for its Taylor & Lodge
2014-02-13 17:45:00
Axiall partner with Lotte Chemical for its ethylene project
Axiall Corporation a leading integrated chemicals and building products company as part of Axiall’s growth strategy, on Dec.19, 2013 had announced its intention to find a partner to build the
2014-02-12 13:10:00
Freudenberg Nonwovens to strengthen its production facility in Brazil
Freudenberg Group’s Freudenberg Nonwovens, Germany based company is investing in nonwoven production in Brazil. The investment is part of a 40 million Brazilian Reais budget (around 13.2
2014-02-10 17:10:00
Wool Equities and Primary wool looking for a possible merger
The two wool businesses at opposite ends of the wool market are in discussion for a possible merger. Primary Wool Cooperative, a farmer-owned joint venture with wool broker Elders takes wool from
2014-02-08 12:30:00
Pakistan trying to reinvent its textile and apparel industry
As textile being highly labour intensive industry, developed nation have already lost their cost competitiveness and big firms in developed countries are trying to re-locate their activities in low
2014-02-06 17:30:00
Textile industry of southern states of US making a huge comeback
US textile industry of southern states makes a huge comeback by generating $54 billion in shipments in 2012 and employed about 233,000 people. Business is on the upswing as Southern states, in
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