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Plan to invest $1 billion in new value added textile projects

Related Keywords: apparel, energy, export, exporter, Garments, import, Pakistan, supply chain, Textile, Textile Industry, yarn

Encouraged by the government’s initiatives to help reduce the cost of energy for exporters, major Punjab-based textile groups on Friday announced that they plan to invest $1 billion in new value-added textile projects and capacity expansion for exports.

The group that plans to invest include leading textile manufacturers such as Sapphire, Suraj, Kamal, US Apparel, Interloop, Fazal Cloth Mills, Ejaz Group, Mahmood Textile, Ayesha Group, Bhanero Group, Kohinoor Mills and Sadaaqat Textile.

Original technology makes the difference

Related Keywords: energy, fibes, ITMA ASIA + CITME 2018, ITMA ASIA + CITME – VDMA booth in hall 1, KARL MAYER Digital Factory, knitting, non wovens, nonwoven, raw material, spinning, Textile Industry, textile machinery, Textile mills, Textile production, textile value chain, VDMA Textile Machinery, warp knitting and finishing, weaving, yarn

ITMA ASIA + CITME 2018, Asia’s foremost trade fair dedicated to textile machinery, is once again marked by a significant presence of German companies both in their number and in the quality of their technology. Visitors to the fair will have an opportunity to appreciate the high level of technology being proposed by more than 100 exhibitors from Germany, including more than 80 VDMA member companies. They cover nearly all different machinery chapters with a focus on spinning, nonwoven, weaving, knitting, warp knitting and finishing.

Technical textile units can be fibre converters

Related Keywords: aerospace, and defence, automotives, carbon and glass fibres, energy, fibre into fibre assemblies, fibre weaving, high-performance products, requisite technology and machinery, robotics and textile composites, suitable high value products, Technical Textiles, Textile Industry, Textiles, weaving

Professor and head of department, textile technology, PSG College of Technology, G. Thilagavathi said there were a few units in the country that did three-dimensional fibre weaving. The number is few as functionalities in three-dimensional weaving using these fibres are different and the units need to have the requisite technology and machinery for the purpose. In normal textiles, the price realised is minimum. In fibre assemblies, which can be converted into high-performance products, the realisation is much higher.

EqoBalance from Beaulieu Yarns receives Green Product Award 2018

Related Keywords: Beaulieu Yarns, carpet manufacturers, children, communication, consumer goods, electronics, energy, EqoBalance yarns, fashion, freestyle, furniture and home accessories, Green Product Award, innovative, international trade fairs and design festivals, mobility, natural renewable raw materials, PA6 yarns, polyamide and polypropylene yarns, polymers processed into yarns, research, supply chain, sustainable products and services in the categories architecture, TÜV SÜD certification standard CMS 71, work

The Green Product Award is an annual international competition for innovative, sustainable products and services in the categories architecture, work, energy, electronics, fashion, research, freestyle, children, communication, consumer goods, mobility, furniture and home accessories. The award is directed at start-ups and established companies.

IFC’s PaCT partners with Levi Straus in BD

Related Keywords: and chemical use in textiles factories in Bangladesh. PaCT programme, cleaner production practices, develop global programme, energy, IFC, largest global development institution, manufacturer of famous jeans wear, member of World Bank Group, partnered with Levi Strauss & Co, Partnership for Cleaner Textile, reduce water

IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets has partnered with Levi Strauss & Co (LS&Co) manufacturer of famous jeans wear to develop a global programme to reduce water, energy, and chemical use in textiles factories in Bangladesh.

The new partnership would build on the extensive experience of IFC’s Bangladesh Partnership for Cleaner Textile (PaCT) programme, focusing on providing advice on implementing cleaner production practices in over 165 textile factories in Bangladesh.

China-LAC summit all set to take place this October in Tangshan city

Related Keywords: boost trade and investment ties with Latin America, Caribbean Business Summit, CCPIT, Chinese Peruvian Chamber of Commerce, discuss projects of common interests, energy, from textile, most important tools, summit will feature Chinese entrepreneurs, take place in Tangshan city, Tenth edition of China-Latin America

The 10th China-Latin America and the Caribbean Business Summit is set to take place from October 13-14 in Tangshan city. According to the Chinese Peruvian Chamber of Commerce, the Chinese government believes this summit is one of the most important tools available to boost trade and investment ties with Latin America.

A senior-level delegation from the People’s Republic of China will in Lima to promote the participation of Peruvian entrepreneurs and invite them at the China LAC summit.

President urge Chinese entrepreneurs to make more investment in Uganda

Related Keywords: Agriculture, delegation from China-based Kazoza Financial Group in Uganda, energy, especially in areas of textile, good for development, Partnership between Africa and China, President Yoweri Museveni, to enhance business in the country, to invest in Ugandan economy, Uganda ready to partner with anybody, urged Chinese entrepreneurs

Uganda is ready to partner with anybody as far as business enhancement in the country is concerned. In this connection, President Yoweri Museveni has urged Chinese entrepreneurs to invest more in the Ugandan economy especially in areas of textile, agriculture and energy among others. Partnership between Africa and China would be good for development.

The President had a meeting with delegation from China-based Kazoza Financial Group, led by the Group’s Chairman, Mr. Michael Yu, at State House, Nakasero.

Pakistan, Azerbaijan to boost trade and joint venture to field such as textiles, energy

Related Keywords: agreed to facilitate and encourage, businessmen, commerce and mutual investment, energy, enhance bilateral trade cooperation, fields such as textile, Pakistan and Azerbaijan meet, trade, undertake joint venture

To enhance the bilateral trade cooperation in trade, commerce and mutual investment in fields such as textile, energy and pharmaceutical between the two countries, Pakistan and Azerbaijan, a meeting was held on Wednesday between Pakistan Federal Minister for Finance, Senator Mohammad Ishaq Dar and Shahin Abdulla Mustaffayev, Minister of Economy and Industry of Azerbaijan, in Baku.

Swedish retailers in partnership with Indian textile to go for cleaner production

Related Keywords: chemical, cleaner production, cut factory cost, energy, Garment manufacturer Radnik, improve capacity of supply chain, Indian textile and garment suppliers, partnership with, reduce environmental impact, save water, Sida, SIWI, SWAR, Swedish retail brand, unique project

Swedish retail brands Indiska, KappAhl and Lindex in partnership with more than 40 Indian textile and garment suppliers have decided to reduce the environmental impact and improved capacity of supply chains through a unique project for cleaner production.

The new project has saved 284 million litres of water and 402 tonnes of chemicals annually and is now being scaled up to include several Indian states and four other countries in the world. It involves more than 120 suppliers globally.

Pakistan govt needs to focus textile industry’s productivity resurgence

Related Keywords: APTMA, cotton farmers, employment, energy, exports, load shedding, Punjab textile industry, textile industry circles, textile workers

The Punjab based textile industry needs immediate attention of the government, as continuity of the industry wheel can be the only way forward of growth, employment and exports of country for which both energy affordability and security must be ensured at all costs.

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