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2014-01-30 11:15:00
KARL MAYER merger with LIBA to put their products and solutions on track
Germany-based KARL MAYER has acquired the majority of the ownership of LIBA Maschinenfabrik GmbH, this move by the two worldwide leading companies will integrate their development, manufacturing and
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
2014-01-23 11:45:00
SAERTEX to produce 3D orthogonal fabric
SAERTEX USA LLC (Huntersville, N.C., USA), weaving and fabrics specialist will produce 3D orthogonal fabrics at high speed with zero crimp in the warp and weft fibers, using recently acquired
2014-01-22 09:00:00
KLT takeover German textile business see spiraling position in textile market
Lynn-based KL Technologies has acquired an historic German textile business Bamberger Kaliko with a turnover of €20 million. Mark Littlewood, chief executive of KLT, said that the acquisition
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
2014-01-12 16:00:00
MoU inked to brings investment of $2b in Pakistan textile industry
The Punjab government has signed a memorandum of understanding with the Chinese group, Shandong Ruyi Group for investment of $2 billion in the Pakistani textile sector to establish a textile
2014-01-09 15:00:00
Nitori Holding, Japanese investors set to enhance cotton farming in Tanga region
Japan's Nitori Holdings Company set off the move to ensure that cotton is no longer exported as raw material rather exported as processes good for which they has secured 4,000 ha from Handeni
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