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Related Keywords: ACIMIT, Italian textile machinery technology

ACIMIT plans to conduct a seminar for the Russian manufacturers which will impart personally knowledge of the state-of-the-art in Italian textile machinery technology. Around thirteen Italian companies will be part at the technology seminar, including ACIMIT associate members such as Aigle, Bellini, Bianco, Color Service, Ferraro, Itema, Marzoli, Savio and SSM Giudici.

The creativity, sustainable technology, reliability and quality are the uniqueness which have made Italy a leader in the manufacturing of textile machinery and is sold in around 130 countries worldwide

Related Keywords: anti-dumping duty, PTA

The Associated Chamber of Commerce and Industry of India (ASSOCHAM) is clearly expressed its discontent against government imposing of anti-dumping duty on imports of Purified Terephthalic Acid (PTA) into India due to broad divergence in its demand supply. With the imposition of anti-dumping duty, it will make imports tremendously high priced for purchase by the domestic users of PTA who is already under pressure to survive. The Indian domestic user industry will become uncompetitive.

Related Keywords: Indian cotton grower

The Karnataka government bans sale of Mahyco’s BT and hybrid seeds in the state as crops in seven of its districts failed due to the substandard quality of seeds supplied by Maharashtra-based seed Company causing huge losses to cotton growers.

The farmers who used Mahyco’s seed failed to yield good crop and filed a complaint to the Department of Agriculture. On conducting a survey, it was found that crops had failed owing to the substandard quality of seeds.

Related Keywords: Chinese cotton industry

The Xinjiang Uyghur Autonomous Region, in western China is the major growing area and accounts for the greatest amount of cotton production, producing nearly 21.5 percent of Chinas total cotton. China plans to develop Xinjiang the country’s largest cotton producing region as the regional textile and apparel trading centre for which the Chinese Government will make an investment of CNY10bn (US$1.6bn).

Related Keywords: Linen apparel

Jaya Shree Textiles, Aditya Birla Nuvo's textile division, is India’s top linen brand manufacturing company with majority share in linen apparels. Linen is a woven fabric made from the fibers of flax plants, and it is one of the oldest and most expensive textiles in the world. It is prized for its lightweight, cool feel even in hot weather, and people also tend to like its crisp, professional look. Looking at its growing demand, the company is planning to bring into market not only cheaper linen blends but also linen products for women.

Related Keywords: Bangladesh readymade garment industry

Bangladesh readymade garment (RMG) industry to improve the compliance and fire safety conditions has decided to make an investment of Tk 80 billion to meet the requirements as being demanded by buyers, brands, labour and human rights organizations after the twin industrial disasters-Tazreen Fashions fire and Rana Plaza building collapse.

Related Keywords: Indian MMF export, synthetic clothing

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 between $4 billion in April and January 2013-14 compared to the same period in previous year.

As per the industry estimates, cotton and man-made fabrics demand has been in the ration of 60:40 for the last many decades. But, after a long battle with the man-made fabric, cotton in the long term is likely to hold a smaller share of the growing clothing sector.

Related Keywords: adiponitrile, air bags, carpet, chairman and chief executive officer INVISTA, hexamethylene diamine, INVISTA, Jeff Gentry, nylon 6 6, Shanghai Chemical Industry Park, workout apparel

On March 26 INVISTA broke ground for hexamethylene diamine (HMD) and nylon 6,6 polymer plants at the Shanghai Chemical Industry Park (SCIP) in China. These facilities are a part of INVISTA’s plans for integrated nylon 6,6 facilities in the China and underscore the company’s commitment to the region. The overall investment will exceed US$1 billion, which will be the largest capital investment undertaken by INVISTA to date.

Related Keywords: cotton prices in Pakistan, import duty on cotton yarn in Pakistan, Karachi Cotton Association

Rumours that five per cent import duty will be imposed on cotton yarn in Pakistan set the cotton markets on fire on 27 March. The markets swayed on news that recommendation of duty imposition has been prepared and would be put up for approval in the next meeting of the Economic Coordination Committee (ECC).

Related Keywords: global fibre consumption, global nylon filament consumption, global polyester filament consumption, nylon filament capacity in china, Polyester filament capacity in china

According the latest publication of PCI Fibres "Green Book", China's polyester filament capacity in is now more than global mill demand, which implies that the imbalance will continue for another 10 years unless a large number of units are shut. The capacity at 31.3 million tons exceeds global mill consumption which is at 29.7 million tons.