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2015-08-21 09:58:56
PTA price in Asia faces the brunt of sluggish demand
Purified terephthalic acid prices in Asian markets slipped in the first week of August amid bearish downstream polyester markets as end-users remained sluggish, expecting the lack of buying interest
2015-06-23 10:00:00
Financial crunch disables Nigerian textile sector to show competitiveness
The Nigerian textile sector is facing a huge financial crunch as it is unable to prove its competitiveness. Although several factories have benefited from a $500m government intervention to revive
2015-04-17 16:00:00
Foundation stone for Apparel and Garment Making Centre laid in Arunachal Pradesh
The Prime Minister had announced that an Apparel and Garment Making Centre shall be constructed in all North Eastern states. Work on such a Centre is taking shape. Today, Minister of State for
2015-04-17 15:00:00
Textile mills in Telangana run out of cotton
Textile mills in Telangana are running out of cotton stock. The raw material stocks at many of the 32 mills are barely enough for ten days, said Sushil Sancheti, treasurer of Telangana Spinning &
2014-12-01 18:10:00
Indian cotton ginning units running below capacity due to less demand and low price
The ginning industry of India is staring at slowdown, on account of subdued demand and disparity in price. According to industry sources, ginning units are running below 65-70 per cent capacity.
2014-10-27 17:00:00
Itochu acquires 5pct stake in Vinatex the biggest state-run garment-textile group of Vietnam
Itochu Corp, the third largest multi-sectoral conglomerate in Japan acquires 5 percent stake in the state-run Vietnam National Textile And Garment Group (Vinatex) with a purchase price of more than
2014-10-27 17:00:00
Itochu acquires 5pct stake in Vinatex the biggest state-run garment-textile group of Vietnam
Itochu Corp, the third largest multi-sectoral conglomerate in Japan acquires 5 percent stake in the state-run Vietnam National Textile And Garment Group (Vinatex) with a purchase price of more than
2014-07-07 22:45:00
Pakistan garment sector faces liquidity crunch due to blockage of refund claims
Pakistan garment sector that exports more than 80 per cent of their merchandise, are facing liquidity crunch due to its huge capital stuck-up by the FBR. Although the FBR’s software system of
2014-01-24 17:00:00
China to run into shortage of paraxylene supply in 2014
China is the world's largest PX producer, accounting for about a quarter of the global PX production capacity and a major raw material which goes into making of polyester products, will see a wider
2014-01-23 16:30:00
South Gujarat textile units run out of industrial gas
Textile units in south Gujarat run out of gas forced to pull their shutters down for 10 days, after Gujarat Gas, a subsidiary of the Gujarat State Petroleum Corporation Ltd has stopped supply of
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