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2014-10-03 14:00:00
Import of synthetic textile from China poses a major risk to Indian synthetic textile industry
India has witnessed a surge of synthetic textile products imports from China after imposing an anti-dumping duty on a key raw material Purified terephtalic acid (PTA) which is used for making
2014-07-18 11:57:00
Reliance commissions new polyester filament plant at Silvassa
Reliance Industries (RIL) recently has commissioned its new Polyester Filament Yarn (PFY) facility at Silvassa. The entire production from this facility has been successfully placed in the
2014-07-15 10:59:00
Union Budget 2014-2015 intents to bring Acche Din for textiles
The Narendra Modi government, which has sought 60 months from the Indian electorate to bring good days, in its first budget exuded its intent to kick start the investment cycle to nurse India's
2014-07-08 17:51:00
Paraxylene tanks no major shakeup yet in downstream
Asian ethylene prices were up, although in varying degree on persistent tight supply amid several turnarounds. European ethylene spot prices gave back recent gains following a slump in naphtha
2014-06-24 11:32:00
PTA producers managed to lift price, but spot relents
Asian PTA prices gave back some of its recent gains despite continuous soaring feedstock paraxylene prices since early May (0.66 unit paraxylene required to produce 1 unit of PTA). The tighter
2014-06-10 12:22:00
PTA, MEG prices surge as producer's maneuver production
Asian purified terephthalic acid and mono ethylene glycol prices, both raw materials for making polyester, have started roaring their heads once again after hovering below US$950 a ton mark since
2014-05-26 12:19:00
Bullish feedstock sparks polyester chain, PTA-MEG rises further
Asian ethylene markets were on the bullish note in the week ended 23 May as spot supplies tightened amid a lack of regional supply, supporting prices to rise. The markers rose US$12 a ton CFR
2014-05-08 17:56:00
Paraxylene Naphtha spread back to mid 2010 levels
There has been no contract price settlement for paraxylene in Asian market since February this year and the spot is used to peg derivative PTA values. Japan's JX Nippon Oil and Energy although
2014-04-15 12:00:00
RIL’s new facility in Silvassa to take its total capacity over 1.5 mtpa
Reliance Industries Ltd (RIL), the largest producer of polyester fibre and yarn in the world has commissioned its new ultra-modern Polyester Filament Yarn (PFY) facility which is most automated and
2014-03-31 16:10:00
Demand for MMF increasing with fast changing trend in international market
With the fast changing trend, global apparel market is looking at more and more synthetic clothing due to which demand for Indian MMF is on raise. The Indian MMF export has gone up by 13 percent
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