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Related Keywords: denim fabrics, Italy based Master S.r.l., Karl Mayer, leading warp knitting machinery manufacturer, other dyestuffs of warp chains, signed agreement, transferring continuous dyeing technology with indigo

Karl Mayer, a leading warp knitting machinery manufacturer and Italy based Master S.r.l., have signed the agreement for transferring the continuous dyeing technology with indigo and other dyestuffs of warp chains for denim fabrics.

Master is a pioneer and a leader in the continuous dyeing with indigo and other dyestuffs. After the delivery of currently ordered machines, the company will stop the manufacturing of these kind of machines and will focus its activity to develop and manufacture new machines for packages and hank dyeing.

Related Keywords: acquire Mitsubishi Chemcial Corp, biggest Japanese investments in India, deal expected to make technology available, deal rescue MCC PTA potential closure, HPL to expand, Indian subsidiary, New York based serial investor, precursor to polyester, PTA unit, signed agreement, The Chatterjee Group

New York-based serial investor Purnendu Chatterjee of The Chatterjee Group (TCF) signed an agreement to acquire a 90% stake in Mitsubishi Chemical Corp.’s Indian subsidiary, MCC PTA India Corp. Pvt. Ltd, a producer of purified terephthalic acid, or PTA (a precursor to polyester), identified for an estimated $48 million, or Rs.323 crore at the current exchange rate.

The deal rescue MCC PTA potential closure and secures the jobs of some 1,100 workers, said a person close to Chatterjee.

Related Keywords: entire shareholding in Robot Systems, Gokaldas Exports, India textile major, Largest manufacturer and exporter of apparel, signed agreement, Silver Spark Apparel, unit of Raymond

Silver Spark Apparel ,a unit of Raymond –the Indian textile major and a global conglomerate-has signed an agreement with the Gokaldas Exports which is amongst the nation’s largest manufacturers and exporters of apparels.

The apparel major through this pact is liable for acquisition of the entire shareholding in Robot Systems ,a wholly owned subsidiary of Gokaldas Exports. Gokaldas Exports has four decades of partnering the world's most trusted fashion labels, 30 state-of-the-art factories and 32000 employees.

Related Keywords: enhance energy supply, knitwear export, Pakistan textile exports, readymade garment export, signed agreement, Tadjikistan and Kirghizistan

Pakistan has signed an agreement with Tadjikistan and Kirghizistan at the beginning of December to enhance the country’s energy supply. With the improvements underway, Pakistan is looking to increase its textile exports over the next nine years, and hopes to increase 2013’s €466m profit further with predictions for $26bn profit in textile exports by 2023.