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Prosperity Textile acting as a pioneer and choosing the first sustainable innovation in the weaving industry

Related Keywords: cotton, denim fabric production, dyeing and finishing, fabric, fibres, indigo fabrics producer, iSAVER, Itema, Itema technologies, Itema weaving machine model, ITMA Asia + CITME 2018 exhibition, Lyocell, main denim producers, Prosperity Textile, raw materials procurement and processing, raw materials saving, Sustans, Tencel, textile supply chain, textiles exhibitions, weaving production, weaving solutions, whole denim production chain, yarns

A new important partnership marks the path of Itema towards a greener future for the whole denim production chain. Prosperity Textile, one of the main denim producers worldwide, has chosen for its new facility one of the most interesting and sustainable-oriented Itema technologies, iSAVER™ equipped on the Itema.

Acceleration seen in Bangladeshi textile mills' machinery imports up 54pc

Related Keywords: acceleration in machinery imports, Bangladesh textile mills, Bangladesh Textile Mills Association, dyeing and finishing, expanding production capacity, garment factories, investment in primary textile sector, spinning, weaving

Bangladesh has witnessed acceleration in machinery imports as entrepreneurs set up 26 textile mills in spinning, weaving, dyeing and finishing last fiscal year. According to data from Bangladesh Textile Mills Association, last fiscal year, $445.7 million worth of capital machinery was imported by the textile sector.

Capital machinery imports by the primary textile sector increased about 54 percent year-on-year in fiscal 2014-15 on the back of higher demand for raw materials from garment exporters. A BTMA certification is required for importing machinery for the textile sector.

Central Bank of Bangladesh to set up US$500 mn textile green fund

Related Keywords: Atiur Rahman, Central Bank of Bangladesh, dyeing and finishing, Governor of Bangladesh Bank, integrated knitting mills in Bangladesh, textile industry in Bangladesh, textile processing

With an aim to bring benefit to the country's vertically integrated knitting mills that operate their own dyeing and finishing facilities, the Central Bank of Bangladesh will create a US$500 million Green Fund for the textile sector. Textile processing like washing, dyeing, and finishing (WDF) are the key pillar of the country’s economy. The country has 1,700 WDF units and 200,000 workers contribute a net value added of up to 20 per cent to the textile value chain.

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