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shut+down+production
2017-08-10 12:00:00
Darlington textile plant being revamp by Fiber Industries
An old Darlington County’s Palmetto textile plant which was shut down in 2008 by the bankruptcy of its owner is being revamped by Fiber Industries. The $30 million capital investment will be
2017-06-14 12:00:00
Cut in import duty on blankets to affect domestic manufacturing units
The Central government’s decision to cut the levy of import duty and GST from 29 percent to 16 percent on all imported blankets and fabrics will leave over four crore workers engaged in the
2017-05-29 16:00:00
Plummet in Asian ethylene prices
Asia witnessed plummet in ethylene prices this week, as sellers of ethylene were forced to reduce their prices sharply lower across the Asia region due to tedious buying interest, sufficient product
2017-05-26 06:49:11
PTA price softens in Asia, Europe
Asian PTA prices inched up US$4 a ton CFR China and CFR Southeast Asia in the second week of May. In China, offers for bonded goods also softened US$10 a ton on the week. Yisheng Petrochemical’s
2017-05-11 11:00:00
Shandong Ruyi to invest $410 mn at its facility in Forrest City
China’s largest cotton textile manufacturer, Shandong Ruyi Technology Group, to make investment to the tune of $410 million in a manufacturing facility in Forrest City. Ruyi has agreed to
2017-04-17 11:00:00
Pakistan PSF industry under pressure owing to dumping
Pakistan’s polyester staple fibre industry struggling for its survival as almost a third of total annual installed capacity of around 800,000 tonnes already closed and moreover its gross
2017-03-10 15:00:00
APPLA demand bailout package for powerloom industry
Pakistan’s seventy percent powerlooms have so far been shut down due to expensive electricity and unaffordable prices of yarn, according to All Pakistan Powerlooms Association (APPLA) and
2017-02-14 11:00:00
High costs push textile buyers away from China to Western suppliers
Rising labor, raw material and energy costs is making the world's dominant Chinese textile producers more expensive pushing international textiles buyers back to Western suppliers. More than
2017-02-13 14:00:00
Role of technology and innovation to revitalize jute industry
Bangladesh government has taken a large project to upgrade production technology of jute mills under $350 million foreign loan due to continued erosion of competitiveness of jute mills in the
2017-01-27 12:00:39
Polyester yarn price moves up in India, Pakistan
In Shengze, offers for 32s polyester yarn were offered stable in the second week of January. In Qiangqing, 32s weaving yarn was offered flat on the week. Spun polyester yarn prices were stable in
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