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2014-01-03 12:15:00
Shandong Ruyi to take over major share of Pakistan textile enterprise
Chinese top textile conglomerate Shandong Ruyi Group is ready to take over major share of a Pakistan’s textile enterprise Masood Textile Mills (MTM), one of the most technologically advanced
2014-01-02 16:41:00
IFG acquires Exelto to expand its PP production line
The Swedish Bronsstädet Group, International Fibres Group (IFG) has increased its annual capacity of Polypropylene staple fibre to around 130,000 tons and PP filament to 10,000 tons with
2013-12-12 15:08:00
India's apparel exports jump 26pc, earns over Rs 492 bn forex in April-October
Apparel exports have surged 26 per cent in the first seven months of 2013-14, touching Rs 49,200 crore. Speaking at an annual export award function Dr. Rao, Union Textiles Minister said, "The apparel
2013-12-03 10:41:00
Acrylic fibre prices declines after weeks of stability
Poor demand and lack of cost support had its toll on the acrylic staple fibre markets in Asia. Last week buyers largely held sideline stance expecting further fall in the settlements. Discussions
2013-11-27 12:32:00
Asian PTA prices hit a 16-month low, polyester losing cost support
Asian purified terephthalic acid prices fell in week ended 22 November, dragged down by a bearish polyester market amid high operating rates of PTA plants in China. Prices hit a 16-month low on
2013-11-22 14:24:57
Polyester spun yarn prices stable as markets roll over
Last week, the polyester spun yarn markets remained tepid with limited new orders as buyers awaited for signal from the upstream fibre markets. In China, offers changed marginally, but transaction
2013-11-22 14:24:57
Karnataka announces new textile policy, to create 5 lac jobs and attract Rs100 bn investment
The Karnataka state government has announced its ambitious new textile policy for 2013-18 and has set a target of attracting an investment of Rs 10,000 crore. It wants to make the state a preferred
2013-11-22 14:24:57
Garment exporters in China and Bangladesh fear India taking over
2013-11-12 13:00:54
Is Ethiopia the next stop for textile industry?
Ethiopia's government has been giving special emphasis to its textile industry as it aims to export more than a billion dollars worth of apparel by 2016. From the economic development point of view,
2013-11-12 12:20:34
Polyester poised for good growth ahead, may see surplus in 2018
The US$75 billion polyester industry continued to remain as an undisputed leader in the textile Industry. Year 2012 saw its market share increase to over 80 per cent given the continuing population
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