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Related Keywords: cotton grower, cotton growing fields, cotton trade, cotton yarn, environmentally-friendly textiles, fashion designing, melange yarn, spindles, spinning colored yarn, textile companies, textile mill, textile producing facilities

Chairman of the company, Sun Weiting, said the factories were not only textile producing facilities, but took pride in a fashion designing, developing platform and intelligent and digital machines for developing environmentally-friendly textiles. The textile mill is owned by Huafu Fashion Co. Ltd., the world's largest supplier of melange yarn, which is based in east China's Zhejiang Province.

Related Keywords: approval to acquire, Birla Textile Mills, flagship company, installed capacity, K K Birla Group, negotiating and finalizing, on slump sale basis, spindles, spinning yarn, Sutlej Textile and Industries Ltd, terms of business

K.K. Birla Group flagship company Sutlej Textile and Industries Ltd has got approval from its Board of Directors to acquire another group company, Birla Textile Mills, which is a unit of Chambal Fertilisers and Chemicals Ltd located at Baddi in Himachal Pradesh, on the basis of a slump sale.

Slump sale is the transfer or sale of one or more undertakings for a lump sum where no values are assigned to individual assets and liabilities.

Related Keywords: cotton farmer, cotton yarn exports’, CTIHC, Eastern Cotton Company, Egypt textile industry, Egyptian Minister of Agriculture and Land Reclamation, harm the cotton, long staple cotton cultivation, spindles

The Egyptian Minister of Agriculture and Land Reclamation Adel El-Beltagy announced on Sunday that the state will not offer any form of subsidies for cotton farmers or spindles during the next season pointing out that long staple cotton cultivation is very expensive and there is no demand for it either domestically or internationally.

Related Keywords: home textile manufacturer, looms, lower dependence, outside suppliers, producing bed-sheets, spindles, towels, Welspun Group, Welspun India

Welspun India, a part of the USD 3 billion Welspun Group, one of the top three home textile manufacturers in the world and the largest home textile company in Asia. With the 170,000 spindles and 140 looms part of the plan producing bed-sheets, towels and other made-ups have started commercial operations effective September, 2014.

The company's expansion project is half-way through with capex of Rs 1,200 crore completed by the end of the quarter. The remaining capex of around Rs 1,300 crore is expected to be completed over the next two years.

Related Keywords: Chenab Textile Mills, commercial production, cotton blended dyed yarn, expansion project, home textile, Kathua unit, Rajasthan Textile Mills, spindles, STIL, Sutlej Textiles and Industries, synthetic dyed yarn, textile producer, value added cotton melange, value chain, yarn to fabric

Sutlej Textiles and Industries (STIL), one of India's leading textile producers with a value-chain extending from yarns to fabrics to home textile has announced that the company has taken up commercial production of its expansion project of 31,104 spindles to manufacture value added cotton melange and cotton blended dyed yarn at its units, Chenab Textile Mills, Kathua.

Related Keywords: built in Landeck, economy and efficiency combined solution, fine premium yarn, leading manufacturer of yarn, Linz Textil, new cotton spinning mill, Schlafhorst, spindles, textile fabrics, textile machinery manufacturer

Linz Textil, Europe's leading manufacturer of yarn and textile fabrics for its new cotton-spinning mill being built in Landeck has opted for a solution which will combine economy and efficiency with the highest quality specifications for producing very fine premium yarns that is expected to be put into operation in mid-2015.

The contract for fitting out the new plant with a tailor-made, interlinked solution at the new cotton spinning mill has been awarded to Schlafhorst, a leader in the production of staple fibre yarns and a textile machinery manufacturer.