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Egypt wants to be a textile hub

YarnsandFibers News Bureau

Related Keywords: 2025, Chinese government, Egypt, fabric, hub, planet, strategy, Textile, Vision

Egypt wants to become the next textile hub. The Government of the country has provided a budget of 21,000 million Egyptian pounds (1,160 million euros) for a plan to boost textile production in the country, with the aim of becoming the largest factory of fabrics on the planet.

The plan of the Government is to open four new factories and pave the ground for the installation of more. It also plans to increase aid to renovate machinery and strengthen the training of workers, according to Just Style.

China and India to lead the way in major petrochemical structural shift

YarnsandFibers News Bureau

Related Keywords: Asia, China and India leading the way, Chinese government, construct new naphtha crackers, focus on developing seven  refining, India on the verge of reaching major milestones, merge several of its 13 state-owned oil and gas cos, petrochemical, petrochemical bases, renewed push to build and upgrade refineries, undergoing major structural shifts

Asia is undergoing major structural shifts in petrochemical with China and India leading the way. There’s a renewed push to build and upgrade refineries, and construct new naphtha crackers.

Amber Liu, senior manager at ICIS, speaking at Asia Petrochemical Industry Conference (APIC) held in Sapporo Japan said that by 2021-2022, there could be about 10 new naphtha crackers on stream. In the past, these would be built by only the major companies such as PetroChina and Sinopec. But now a number of private companies are planning these projects.

Chinese government to restrict textile expansion over environmental grounds in Beijing

YarnsandFibers News Bureau

Related Keywords: Chinese government, create super region, pollution level, regions of Hebei and Tianjin, restrict expansion, Textile Industry

The Chinese government, in a bid to reduce pollution levels in the smog-hit capital Beijing has restricted the expansion of industries such as textiles, chemicals and paper and oil refining, according to a new list of controls published by the government.

The Ministry of Environmental Protection showed that Beijing’s average readings of tiny airborne particles that are hazardous to health, known as PM2.5 has touched 91.6 micrograms per cubic metre in the first half of 2014, down 11.2 percent year on year,

Maharashtra's cotton farmers in trouble over erratic rains and surplus cotton in international market

YarnsandFibers News Bureau

Related Keywords: Chinese government, cotton belt, cotton sowing, cotton stockpiling policy, crop-subsidy programme, erratic rains, international cotton price, Maharashtra farmers, surplus cotton, Vidarbha farmers

Farmers in Maharashtra’s cotton belt forced to sow their fields a number of times due to erratic rains which has increased individual debts, as farmers who exhausted their institutional credit have borrowed money from informal moneylenders to finance the replanting of fields, raising the spectre of further deaths around harvest time.

Recent reports suggest the rainfall deficit in Maharashtra's cotton belts of Vidarbha and Marathwada has widened; Marathwada is now facing a 60 percent deficit, while the shortfall in Vidarbha is 23 per cent.

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