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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: carpet, export, textile floor covering

India's Carpets and other Textile Floor Coverings exports in December- 2013 have raised to US$ 142.23 M, an increase of 7.78% compared to November 2013 as per export import market research.

According to Pradeep, Chief Research Associate of InfodriveIndia compared to November 2013, a increase of USD 142.23 M in December- 2013 has been noticed. He further gives a analysis and break up of major product categories , major countries and major Indian ports under Carpets and other Textile Floor Coverings as follows :

Related Keywords: carpet, Textile, VAT

Haryana chief minister Bhupinder Singh Hooda on Monday announced to reduce Value Added Tax (VAT) on textile products and carpets, druggets, woollens, durries, cotton floor durries and rugs from 12.5 % to 5 %. This would benefit the traders to the tune of about Rs 150 crore.