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2014-02-05 11:45:00
Indorama takes over 80 percent of PHP Fibers GmbH
Thailand-based Indorama Ventures Public Co. Ltd. (IVL) a global producer of polyester precursors, fiber, yarn and components has decided to take over 80 percent of Germany-based PHP Fibers GmbH and
2014-02-03 11:00:00
Stakeholders propose change in tactics to raise Nigerian textile industry performance
To up lift the Nigerian textile industry out of the woe will involve change of tactics by operators and government. Constant placing of blame at the doorsteps of government by operators without
2014-01-28 17:45:00
Welspun India Q3 PAT touches Rs 109.5 cr
Welspun India Ltd is a fully integrated home textile manufacturers and one of the top three globally, in a released today announced that its profit after tax (PAT) has touched Rs 109.5 crore during
2014-01-25 16:30:00
New DNA technology to identify textile material
Applied DNA Science has announced the roll out of a new technology for textile and apparel industry. A new DNA based technology which can help company to identify textile raw material as well as
2014-01-20 11:10:00
Karina Textiles Zimbabwe facing closure
Karina Textiles, one of the Zimbabwe’s leading textile industry and sole manufacturer of knitting yarn, last week auctioned its movable and fixed assets following its liquidation. Theressa
2014-01-15 11:00:00
Bangladesh to see increase in knit exports over wovens
The Bangladesh Knitwear Manufacturers & Exporters Association (BKMEA) sees knit readymade garment exports likely to exceed wovens again this year in the next couple of months. Performance of knit
2014-01-13 12:00:00
Bangladeshi home textiles exports growing weaker
The Bangladeshi home textile exports have declined due to political unrest and inadequate supply of gas in the dyeing factories. Hampering production and compelled them to spend more to generate
2014-01-06 12:55:00
PHMA demands of gas supply falling on deaf ear of SNGPL
SNGPL has single out the knitwear garment sector by repudiating gas supply defying going along with the decision taken by the federal government to provide gas to textile processing units. The
2014-01-06 11:10:00
Chinese textile manufacture to invest $218 mn to establish its US operations
Keer Group, Chinese textile manufacturer and yarn spinner to invest $218 million to establish its U.S. operations, which will be named Keer America Corp., in Indian Land, S.C. The investment includes
2013-12-31 12:10:00
GSP Plus status will help Pakistan increase export to EU, FPCCI pushing value addition
The textile industry in Pakistan is getting ready to take advantage of the GSP Plus status granted by the European Union to the country. At two listed textile companies have made significant
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