News Tags

Related Keywords: global textile sector supply chain, Intertextile Shanghai Apparel Fabrics event, Planet Textiles 2015, sportswear giant Adidas, sustainable textile event, Textile mills

Planet Textiles 2015, sustainable textile event which tackles the crucial issues on sustainability in the global textile sector supply chain to take place alongside the giant Intertextile Shanghai Apparel Fabrics event. The event is jointly organized by MCL Global, the publisher Ecotextile News and trade fair organizer Messe Frankfurt.

Planet Textiles first debuted in Hong Kong in 2009, with delegates from previous years including executives from Walmart, H&M, Li & Fung, Marks & Spencer, Esprit, Esquel, Crystal Group, Timberlands and Greenpeace.

Related Keywords: cotton shortage, Export-Import Bank of India, financing agreement, Kenyan government, Rift valley textile company, Rivatex revival

India showing interest in revival and expansion of the Rift Valley Textile Company Ltd (Rivatex) currently owned by Moi university Company, which acquired and revived it after it collapsed.

India will sign a financing agreement with the Kenyan government once it is satisfied with the firm's revival. The Export-Import Bank of India will provide funding for the planned expansion of the textile company. Rivatex's operations will be expanded at a cost of Sh7.9 billion.

Related Keywords: African design contest, African Fashion, Berlin Fashion Week 2015, CmiA, CmiA cotton farmers, FA254, IREN, sustainable raw material, textile scene, the international Fashion

An African design contest to rebrand the African Fashion and Textile scene is a result of collaboration between Cotton made in Africa (CmiA), Inter Region Economic Network and African Fashion trend agency FA254.

Related Keywords: FDI, foreign importers, global investor, international market, Pakistan textile industry, textile export

According to the State Bank report, there is 80 percent decline in the FDI, in July FDI dropped to just $24 million from $119m in the same month last year.

With Pakistan facing sharp decline in FDI, it is likely to break the confidence of foreigners willing to invest, particularly while the neighbouring India looks more attractive with $28 billion FDI in 2013.

The government has already completed 14 months in power, in fact struggling hard to invite foreign investors. But the result seems extremely poor so far.

Related Keywords: amber jewelery, chinese investment, economic cooperation, Lithuania-China business council, Lithuanian company, Lithuanian export, specific textile products

Lithuania-China Business Council sees China as a big market for Lithuanian companies. Newly established at the beginning of this year, the council is aimed to increase Lithuanian-Chinese economic cooperation and promote Lithuanian exports to China as well as Chinese investments to Lithuania, Osvaldas Ciuksys, chairman of the council said on Monday.

The council is looking ahead to promoting bilateral trade between the two countries. Ciuksys stated during the interview with Xinhua, as the current bilateral trade and investment figures are not high.

Related Keywords: e-commerce, global shoppers, handloom weavers cooperative, heritage textile, Tantuja, textile venture, West Bengal government

Tantuja, the 60 year old handloom weavers' co-operative under the West Bengal government reputed for its exquisite collection of heritage textile via its first online e-commerce textile venture will make its unique products available to global shoppers.

Related Keywords: Boretech Group, PET flakes, PET recycling facility, PET recycling USA, polyester fiber, polyester products

The Boretech Group a PET (polyethylene terephthalate) recycling company founded in 1991, headquartered in Taiwan which specializing in recycling plastic bottle operating two processing facilities in China is close to commissioning its first PET recycling facility in the USA.

The construction of new plant in Stockton, California is nearly completed, and Boretech expects to receive its official permit by early September, with operations beginning shortly thereafter. The plant will have the capacity to process 4.5 tonnes of PET per hour once fully operational.

Related Keywords: cotton farmers, ICAC, international cotton price, Polyester price, World cotton consumption, Zimbabwe Farmer, Zimbabwean cotton industry

The increase in world consumption of cotton likely to bring revival in the Zimbabwean cotton industry as the cotton farmers are expected to benefit from the anticipated world demand since the development is set to boost the current cotton prices.

According to the International Cotton Advisory Committee (Icac) an association of governments of cotton producing, consuming and trading countries, with polyester and cotton prices converging, world consumption of cotton is forecast to increase by 5% to 24,5 million tonnes in 2014/15.

Related Keywords: economic transformation, enhance export, entrepreneurship development, Pakistan Vision 2025, policy measure, PTEA, Textile Exporters Association

Pakistan requires economic transformation for which the Vision 2025 was launched which will provide the base. The Vision 2025 is a road map designed to develop the country into economically strong and prosperous nation and enhance exports to USD 150 billion by 2025, according to Textile Exporters Association (PTEA).

Implementation of this long term development plan has the potential to put Pakistan on sustainable economic growth as well as improve its global competitiveness and bring prosperity to the country.

Related Keywords: anti bacterial textile, D&Y Group, denim dyeing technology, domestic textile expert, paint staining technology, spinning production technology, textile and garment, textile technology project, vehicle interior fabrics

Shandong DAIYIN Textile and Garment Group (D & Y Group) get approval for it two new textile technology projects, by an appraisal committee of nine well-known domestic textile experts led by the Chinese Academy of Engineering academician Yao Mu.