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2014-02-24 17:30:00
Itochu Asia decides to sell its Patspin stake
Itochu Textile Materials (Asia) Limited (Itochu Asia), a wholly owned subsidiary of Itochu Corporation, Japan, which was newly established in April 1998 for larger, deeper and quicker activity of the
2014-02-24 12:50:00
Bangladeshi jute mills likely to revival with implementation of packaging law
Bangladesh has 94 spinning mills in the country, of which around 20 were closed down in the last 7/8 months and many more mills are running below their capacity and will be forced to close down soon
2014-02-24 12:10:00
Jamaica on track to spin money from its cotton production
Jamaica is the only island capable of large cotton production at this time knowing this the Japanese government has decided to to invest around US$107,000 (J$11 million) to resuscitate the local
2014-02-04 12:45:00
Cameroon cotton exports plummet by 7.3% to China in 2013
Cameroon's economy is highly dependent on commodity exports. The bulk of Cameroon's cotton is exported to China and Europe, while about 10% is consumed locally, according to data from the state-run
2014-01-16 17:30:00
H&M eyes Sub-Saharan Africa as next potential market for textile production
H&M, Swedish fashion giant plans to explore Sub-Saharan Africa and other areas in the region for the textile industry. According to Chief executive Karl-Johan Persson, H&M sees huge potential for
2014-01-14 11:50:00
Govt decides to help out struggling textile companies in Mahalla
The textile company in Mahalla, specialized in furnishings production, has ceased production due to its debts to banks. This hampered production has listed it down as one of the main faltering
2014-01-10 11:50:00
Assam’s first ramie variety of fibre developed being named after Hazarika
The first ramie variety of fibre developed in Assam being named after its legendary singer late Bhupen Hazarika. His name will now have a textile connection too. This is the first variety
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