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2014-01-07 00:00:00
Turkey coming out as top importer of US cotton
Turkey coming out as top importer of US cotton, as Turkey’s interest in exported cotton has increased due to a revival of its textile industry, which is increasing due to sales to Europe, as
2014-01-06 16:35:00
Vetrotex plans to carry out major expansion at its Czech Plant
Saint-Gobain Vetrotex, the leader in the textile glass fiber, looking at its rising sales in 2013, has decided to carry out a major expansion of one of its two furnaces at the Litomysl plant in Czech
2014-01-06 16:10:00
Surat textile industry is looking to cash in on the forthcoming LS polls
The Surat textile industry expects an additional business of at least Rs 50 crore from the forthcoming Lok Sabha elections. This time, the industry is eyeing vigorous business, the orders are
2014-01-06 14:40:00
Sun Capital sells its investment in Frontier Spinning Mills
Sun Capital Partners, a leading private investment firm has announced the sale by an affiliate of its investment in Frontier Spinning Mills to American Securities LLC. Frontier, headquartered in
2014-01-06 14:15:00
Jute fabrics to be promoted in rural roads construction
As per the National Jute Board (NJB) official, jute-based textiles are currently in use in constructing and with the project gaining popularity in Karnataka; the Union Ministry of Textile is planning
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
2014-01-06 10:50:00
Handloom institute to come up in Machilipatnam soon
Union Minister for Textiles Kavuri Sambasiva Rao announced that the state government has decided to set up a All India Handloom Technology Institute with a project cost of Rs 35 crore, in Krishna
2014-01-06 00:00:00
Paraxylene production to increase with the amendment of Foreign Investment Promotion Act
With amendment of the Foreign Investment Promotion Act, the global demand for the chemical substance is projected to increase approximately 7% each year in the near future. The SK and GS Groups is
2014-01-06 00:00:00
Cotton price expected to remain firm with good export demand
Cotton prices are expected to remain moderately firm in the near term. However, profit booking at higher levels is likely to keep prices under check. However, if the US dollar gets stronger against
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