News Tags

Related Keywords: Karl Mayer, Liba, merger, technical textile machinery

Germany-based KARL MAYER has acquired the majority of the ownership of LIBA Maschinenfabrik GmbH, this move by the two worldwide leading companies will integrate their development, manufacturing and delivery of warp knitting and technical textile machinery according to plan.

Karl Mayer’s integration of fellow warp knitting machine builder Liba will be now officially rebranded as a member of the Karl Mayer Group, under the name KARL MAYER LIBA Textilmaschinenfabrik GmbH.

Related Keywords: Rapanui, Textile production, UK textile industry

Rapanui is an eco-fashion brand from the Isle of Wight, which produces fashion clothing for men and women from organic and natural fabrics. Brothers Rob and Martin Drake-Knight, founded the company in 2008, are all set the open the new £100,000 production facility in March, bringing a large proportion of its manufacturing back from India.

It specialises in making fashion clothing for men and women from organic, natural fabrics in ethically accredited factories powered by wind and solar energy.

Related Keywords: Boda Pack, innovative wearable, textile tech

Motorcyclists seem to have a lot of fun during the rides. But this ride can also turn out to be their last one. To tackle the overwhelming problem of motorcyclists, a safety guard has been introduced by the Kenyan e-textile startup CladLight. It is a kind of wearable technology ,named as Boda Pack, which has lights (LEDs) that show the direction the user is about to turn and is operated by the motorcyclist. The jackets will have an independent source of power and will be controlled wirelessly through either a radio frequency or Bluetooth.

Related Keywords: Barbour, Francis Dinsmore, textile company

Francis Dinsmore, a 200-year-old textile company based in County Antrim, Northern Ireland, has secured a contract to supply wax-coated fabric with global clothing brand Barbour following a £1m expansion in new machinery which will apply wax coating to textile and the investment is projected to create 16 new jobs.

Barry Corrigan, MD and owner of Francis Dinsmore, said that they are delighted to have secured this contract with Barbour, a highly respected global heritage and lifestyle brand, and will use it as a springboard to market this new product on a global basis.

Related Keywords: Gul Ahmed textile, Pakistan textile industry

Gul Ahmed Textile, one of Pakistan’s largest composite textiles mills making good gain. Its earnings are up by 233% for the six month period ending December 2013, a revenue of Rs.570 million after tax was posted against Rs171 million for the corresponding period of the previous year.

Second quarter (October-December 2013) of the current fiscal year (FY2013-14) has been exceptional for the company, which saw an earning of Rs414 million, up 294% compared to Rs105 million in the corresponding quarter previous year.

Related Keywords: songket, Songket weavers, weaving loom

Klungkung is of the smallest in Bali Province is famous for preserving the weaving of songket, gorgeous cloth hand-woven in silk or cotton, with intricate patterns formed with silver or gold threads. The metallic threads stand out against the background cloth to create a shimmering effect. In the weaving process the metallic threads are inserted in between the silk or cotton weft (latitudinal) threads.

Related Keywords: Chinese silk industry, Cocoon silk industry

Cocoon silk industry is a traditional specialty industry of China. Since recent years, along with rising production cost and sluggish market growth at home and abroad, prosperity of cocoon silk industry has gradually faded away. Fang Aiqing, Vice Minister of Ministry of Commerce, has decided to promote healthy development of cocoon silk industry, as cocoon silk is a livelihood oriented industry relates to ten millions peasant households and millions industrial workers.

Related Keywords: Australian wool industry, Chinese demand, wool market

Wool market moved up with the strong demand from Chinese. The Eastern Market Indicator regained most of its previous week's losses to close at 1128c/kg, up 17c/kg or 29c/kg more than the same time last year due to smaller volumes and higher demand.

According to the Australian Wool Exchange market report, the EMI is now only 1.5 per cent below the 12-month peak recorded in December.

Volumes fell almost 11,000 bales and there were strong orders from a large Chinese operator and exporters keen to finalise orders before the Chinese new year shutdown.

Related Keywords: Egyptian garment sector, international brand, readymade garment

The Egyptian garment sector has an important role and accounts a big part in its economy. At an event in Manhattan, New York, around 28 Egyptian ready-made apparel companies presented the case for investing in garment production in Egypt. The advantages in quality, design, relatively low-cost labor, warehousing and vertical manufacturing have won Egypt's 260 ready-made garment manufacturers orders from well-known international brand names as Aeropostale, Calvin Klein, Disney, Gap, Hanes brands, J.C. Penney, Macy's, Nautica, Timberland and Zara.

Related Keywords: contract prices, ethylene, European olefins buyers, propylene

European olefin buyers are aiming for a plunge in contract prices of both ethylene and propylene following the direction of feedstock naphtha. As it was seen on December 20, when January ethylene and propylene contract prices were settled, naphtha was priced at $962.25/mt CIF NWE. It has since fallen, to be assessed at $917/mt CIF NWE Monday.

However, the buyers are more optimistic about fall in ethylene contract prices than propylene for February.