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2015-05-25 11:16:32
Propylene prices down for fifth week in a row impacting acrylic chain
Propylene prices fell for the fifth consecutive week in Asian markets losing almost US$75 over the period. The buy-sell gap widened as buying indications were lower than selling ideas at over
2015-05-04 13:00:00
Birla to create largest branded apparel company merging Madura Fashion with Pantaloon
The Aditya Birla Group plans to create the country’s largest branded apparel company by merging apparel-making Madura Fashion and Lifestyle division from Aditya Birla Nuvo (ABNL) with
2015-04-03 15:00:00
Indian textile industry displeased by the new foreign trade policy
Textile industry is the second largest employment provider in the country and whose contribution to the country’s growth has been well recognized. But in terms of strengthening the
2015-03-25 17:19:00
Polyester pricing moderates across the value chain
In the week ended 20 March, prices of polyester chain moderated a bit after generally rising earlier on cost support. While crude oil prices were up as US$ weakened on US interest hike uncertainty,
2014-12-10 15:00:00
Removal of mandatory registration of cotton exports welcomed by SIMA
Southern India Mills Association (SIMA) welcomed the government’s decision of bringing cotton yarn exports, a manufactured goods under free list by removing the mandatory registration.
2014-12-10 14:00:00
Indorama Venture Plc plans to acquire a leading premium polyester tire cord fabric producer
Indorama Venture Plc (IVL) has announced that (subject to the approval of regulators) it plan to acquire the Asian manufacturing operations of Performance Fibers Asia (PF Asia) from an affiliate of
2014-10-30 11:00:00
Indian apparel exports registered 17.6 pc growth in Apr-Sept
Apparel Export Promotion Council (AEPC) informed Tuesday that garment exports are on the sustained path of growth with apparel exports from India having registered 17.6 percent growth in
2014-10-01 14:00:00
Chinese firm Shandong Ruyi withdraws from acquiring Masood Textile Mills in Pakistan
A group of investors led by a Chinese company Shandong Ruyi Science and Technology Group, who were to acquire Masood Textile Mills Faisalabad-based, vertically-integrated textile manufacturing
2014-09-22 11:00:00
Bangladesh Central bank reluctant to give loan to jute millers from EDF funds
Bangladesh Central bank are reluctant to give jute millers loan from Export Development Fund (EDF) fund for import of capital machinery as it will impair the purpose of the fund and squeeze the
2014-09-02 16:50:00
Alibaba join hands with 5 leading home textile brand to test 'try-before-you-buy’ online sales program
Alibaba Group a privately owned Hangzhou based Chinese internet-based e-Commerce giant having business-to-business online web portals, online retail and payment service has recently tied up with five
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