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2015-03-06 11:00:00
Grasim boost its VSF plant hoping apparel sector to grow swiftly
Grasim Industries commissioned its fourth line and completed the last phase of its greenfield viscose staple fibre (VSF) plant at Vilayat in Gujarat on March 3 as demand for VSF has been growing by
2015-02-26 11:20:00
Indorama Synthetics wants excise duty on MMF cut to 4pc
In its pre-budget expectations, Indorama Synthetics Limited has put forth a number of issues to be considered for their incorporation in the Union Budget 2015-16. The company has sincerely requested
2015-02-24 12:00:00
Six lakh bales of cotton fibre was shipped out of India in January 2015
Staple fibre shipments in January stood at 118 million kg, (cotton, ASF, PSF, VSF, PPSF and wool) worth INR1,125 crore or US$182 million. Cotton alone accounted for more than 90 per cent of all types
2015-01-23 17:30:00
Textile dept decides to take up issue on duty rationalization with PM
This is for first time that the Indian department of textiles has taken up the issue of “duty rationalization†with the PM, although it has noted that the approvals of other ministries
2014-12-11 17:57:00
Unstoppable drop in polyester chain pricing led by crude oil
The free fall in crude oil prices continued in the week of 5 December with both benchmarks hitting their recent lows. US crude oil closed at its lowest since July 2009 while Brent fell below US$70 a
2014-11-15 10:00:00
Yarn production at Dinh Vu polyester plant to triple by year end
Dinh Vu Polyester Plant that is owned 81 percent by the state oil and gas company Petrovietnam Group and balance 19 percent of the plant by Vietnam’s top garment maker Vinatex, to triple yarn
2014-10-27 16:00:00
Anti-dumping duty on PTA leading to price rise, Indian polyester producers upset
The decision of purified terephthalic acid (PTA) producers like Reliance Industries Ltd (RIL) and Mitsubishi Chemical to increase prices by a steep Rs 2,100 a tonne from August 1 - just a week after
2014-09-30 15:59:00
Will falling crude oil initiate cost easing for polyester makers?
Crude oil prices have lost US$14.23 since their recent peak of US$106.62 per barrel as of 20 June 2014. And this had a decelerating impact on naphtha and its derivatives. Naphtha prices have crashed
2014-09-08 12:46:00
Falling crude triggers cost reduction in raw materials for making polyester
In the week ended 5 September, crude oil prices climbed more than US$2 early in the week as the markets bounced off several month lows hit in the previous week. Also prospects for peace in CIS and a
2014-08-14 16:42:00
Feedstock still supporting polyester chain, but for how long?
Feedstock paraxylene markets will continue to support downstream polyester segment for some time since more and more PTA capacity will come on stream while paraxylene supplies will remain short until
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