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2014-01-28 18:00:00
Chinese firms looking at investment in Pakistan textile and garment
Chinese firms are eyeing Pakistan textile and garment sectors as a competitive destination for foreign investment after Pakistan getting the EU's GSP+ scheme status. Masood Textile, Pakistan's
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
2014-01-28 16:30:00
Itochu decides to exit Indo Rama Synthetics, sells its entire 3.5% stake
Itochu Corp, a Japanese trading house who owned 3.5 percent equity stake in Indo Rama Synthetics, polyester manufactured decided to exit the company by selling off its entire equity stake in the
2014-01-25 15:45:00
MNC launches first phase of its Turkish Textile factory investing 1.2bn birr
MNS Manufacturing PLC, one of the Turkish textile factories operating in Ethiopia has a textile factory in Legetafo, northeast of Addis. The company launched the first phase with an investment of
2014-01-24 10:00:00
Freudenberg to make significant investment to upgrade its Spunlaid production sites
Freudenberg Nonwovens, Germany-based one of the world’s largest manufacturer of nonwovens to make investments of several million euros to upgrade its facilities in Durham, N.C., and
2014-01-22 17:00:00
SarlaFlex Inc. secured $13 Million in NMTC Financing to expand yarn and thread facility
Sarla Performance Fibers, based in Mumbai, India, under the name SarlaFlex Inc. to redevelop a manufacturing facility in rural South Carolina into the company's first U.S. based yarn and thread plant
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
2014-01-17 11:10:00
W.L. Gore brings in improved version of GORE-TEX® Fabric
W.L. Gore & Associates Inc. Newark, Del.-based manufacturing company specializing in products derived from fluoropolymers. It has introduced an improved version of GORE-TEX®, its breathable,
2014-01-15 13:00:00
Chinese yarn makers shifting overseas unhappy by local cotton prices
Chinese yarn makers have started shifting production overseas to secure cheaper raw materials, even going as far afield as the United States. The world's largest, firms such as Hong Kong-listed
2014-01-14 14:15:00
RmKVs new generation brings innovation in silk saree
RmKV, Chennai-based 89-year old silk saree and apparel major, is re-inventing the silk saree. It is seeing a slew of branding changes; innovative products are quickly lending it a contemporary image
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