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Staple fiber, filament, and nonwovens is centre of interest for Oerlikon Manmade Fibers Segment

Related Keywords: Chemnitz, filament, Manmade Fibers Segment, nonwovens, Oerlikon, polyamides, polyester, polyethylene, polypropylene, staple fiber, Starlinger, textile packaging

The final closing is planned for the end of the third quarter of this year. The Austrian Starlinger Group based in Vienna will take over the German business unit from Chemnitz also known under the brand name ‘Barmag Spinnzwirn’. Both parties have agreed to not disclose the purchase price. The purchase contract was signed accordingly by both companies this week.

Tirupur garment seeks clarification over GST rates on job work

Related Keywords: filament, GST Council, job work on garments, knocked doors of the Ministry, other than manmade, seeking clarification over GST rates, services by way of job work on textile yarns, textile fabrics would be brought down to five percent, Tirupur textile industry

Tirupur textile industry has knocked the doors of the Ministry, seeking a clarification over the confustion in GST rates on job work on garments as it has not been addressed. At the June 11 meeting, the GST Council had said that services by way of job work on textile yarns (other than man-made and filament) and textile fabrics would be brought down to five percent from 18 percent.

Indorama Ventures to expand fiber spinning capacity at its Auriga manufacturing site

Related Keywords: at Auriga Polymers manufacturing site, Aurigas staple fibers, fibers, filament, growing demand for specialty materials, Indorama Ventures, leading global manufacturer of PET resins, planning to add extrusion based fiber spinning capacity, produce fibers based on environmentally-friendly polymers, set high standard in the US marketplace

Indorama Ventures Public Co. Ltd., one of the world’s leading petrochemical producers and a leading global manufacturer of PET resins, fibers, filaments is planning to add 15,000 tons of extrusion-based fiber spinning capacity to the Auriga Polymers manufacturing site in Spartanburg, S.C. which acquired by Indorama Ventures in 2011.

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