YnFx logo
FacebookFacebookFacebook

News Tags

warning: Creating default object from empty value in /var/www/html/html/vhosts/ynfx_drupal/modules/taxonomy/taxonomy.pages.inc on line 33.

Karachi Cotton yarn spinners in a hitch

Related Keywords: cotton yarn, Pakistan textile market

With the cotton yarn losing its fame in the textile market, the cotton traders of Karachi turn trouble –struck. The trading in Karachi was extremely slow and restricted as the Karachi Cotton Association (KCA) kept its outright rates constant.

This resulted in no elevation of the cotton market on Wednesday where only two deals struck one of 200 bales, Fort Abbas, at Rs6,700 (conditional) and the other of 700 bales, Ladhran, at Rs6,750 (conditional).

Global fashion houses turning their focus on natural fibre, wool

Related Keywords: Australian wool industry, fashion house

Australian wool industry after a 20-year marketing quiet period due to the collapse of the reserve price scheme is witnessing upturn as global fashion houses are turning their focus on the natural fibre, wool.

The world has started discovering wool. The latest interest comes from internationally renowned L’Uomo Vogue from Italy who has teamed with The Woolmark Company to display Australian wool and fashion in a week-long celebration.

Himatsingka focusing on design and technology for profitable growth

Related Keywords: Himatsingka, home textile

Himatsingka Seide, a family-owned business with Rs 2,500 crore (sales) a vertically integrated home-textile major with manufacturing operations in India and with global footprint, it have retails across 22 countries. The group is known for its innovative designs and fabrics for upholstery, drapery and bed linen. Started by first-generation businessmen brothers Dinesh Kumar and Ajoy Kumar Himatsingka in 1985, the listed company is a significant player in the home-textile space.

Coteminas eyes Turkey as its next ideal location for investment

Related Keywords: Coteminas, textile group, Turkey market

Coteminas S.A., the biggest vertically integrated textile group in Brazil, Latin America sees Turkey as an ideal location for investment due to its large domestic market and export potential. Coteminas, with a cutting edge technology in each of its twenty two factories, it produces threads, fabrics, knits, bed linen towels, t-shirts, socks, and bathrobes, all of premium quality and at highly competitive prices, thereby meeting the requirements of the domestic and export markets most demanding customers. It is also responsible for approximately 20% of Brazil’s cotton consumption.

Proaltex to venture new markets with its organic textiles collection for babies

Related Keywords: organic cotton clothing

The textile group Proaltex S.A. S, the only Colombian firm to manufacture clothing in organic cotton having received last year guarantee Global Organic Textile Standard (GOTS), seal of quality for clothing in which chemicals are not used. With its collection made from organic cotton will now make its presence into international market.

Hagan’s bill extending textile incentives facing challenge to attract co-sponsors

Related Keywords: US textile industry

U.S. Sen. Kay Hagan, D-N.C., supporter of federal laws that support the domestic textile industry is trying to gather support for a bill introduced Extending Incentives for Exporting American Textiles Act on Dec 20. Although the bill supports both apparel and textile makers, it has been facing challenge to attract co-sponsors to the legislation and has not moved out of finance committee, as the U.S. textile industry does not have the prominent presence it once did.

Qmilk spinning silky textile fibres out of milk

Related Keywords: Qmilk, sour milk, spinning fibre

Qmilk, a German company founded by Anke Domaske spinning fibres out of milk. It is using milk that would have gone to waste to manufacture textile fibres using sustainable processes.

Domaske, who was searching for non-allergenic fabrics for her cancer-sufferer father, eventually milk proteins came to her interest. She found that the old process was too chemically laden and wanted a more environmentally friendly process that could produce a fibre so harmless, you can eat it.

Baltic textile industry achievements to be presented at textile fair Riga

Related Keywords: Baltic textile industry

The Latvian and Lithuanian organizers of the biggest textile industry exhibitions have joined forces for the first time to present the achievements of the Baltic textile industry and the competitiveness of its products, as well as to introduce the multitalented and the high quality of the local products, cherished by professionals and consumers all over the world at the most significant spring event to be held from April 4-6 at the International ExhibitionCenter in Kipsala, Riga.

Spinners, garment manufacturers strongly discord over duty on yarn imports

Related Keywords: cotton yarn import, garment manufacturer, spinner

The Pakistan spinners and garments manufacturers both having strong line of reasoning to support their positions over the duty on yarn imports the ministry is left to find a solution somewhere in the middle to protect the interests of both.

Aptma’s recent demand for withdrawal of the duty exemption on India’s yarn to restrict its imports after New Delhi announced the 4pc rebate on its exports after the EU grant Pakistan GSP+ status. Former Aptma-Punjab chairman Shahzad Ali Khan said that the rebate on its yarn exports means that India will become much cheaper than them.

Angola calls for reduction in custom rates

Related Keywords: Angolian textile industry, fashion creator

Angola, prior to its civil war was a production area for cotton, with plans to promote its textile industry under government leadership, and one of Africa's leading textile exporting countries. However, the war has affected nearly all of its factories to lose their production capabilities and depend more on imports.

The fact that it lacks in textile industry, clothes and shoes are not being produced locally and have to depend on imports for this reason it calls for reduction in the custom rates on fashion product.

Copyright © 2014 Centerac Technologies Limited. All Rights Reserved
-->
feedback button