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Related Keywords: clothing and knitting industries, expansion of investment activities of Chinese companies, Expo China 2018, International Exhibition of Textile and Fashion Industry “UzTextile Expo 2018, Jinsheng group, large textile companies, Marjan Investment Group, Nanyang Mulanhua, Textile, textile enterprises, Textile Industry, trade turnover, Uzbek and Chinese textile associations, Uzbek textiles, Uzbekistan Textile Conference

Issues of development of cooperation between Uzbek and Chinese textile associations, large textile companies, expansion of investment activities of Chinese companies in Uzbekistan, increase in trade turnover between the countries, in particular, consideration of the issue of optimization of rates of customs duties on the import of Uzbek textiles to China were discussed during the meeting.

Related Keywords: 19th China Yiwu International Trade Fair for Textile and Garment Industry, 2018 Textile Printing Trend Summit Forum, Brands Talk: Hosiery and Seamless Apparel, Garments, knitting, textile enterprises, textile machinery, Textiles, YiwuTex 2018

The 19th China Yiwu International Trade Fair for Textile and Garment Industry (YiwuTex 2018) grandly opens at Yiwu International Expo Centre, Zhejiang, China today. The 3-day show gathers more than 280 exhibitors in an area of over 14,500sqm, showcasing innovative and diverse textile machinery and technologies. The four thematic zones in YiwuTex 2018 cover knitting and hosiery machinery, sewing and automatic garment machinery, textile printing industry and knitting products.

Related Keywords: build PET polymer, centerpiece, construction aimed at overcoming dependence, new PET production plant, polyester polymer, production capacity, production complex, Russia, signs deal, staple fibre production plant in Ivanovo, synthetic fibres, textile enterprises, ThyssenKrupp Industrial Solutions

ThyssenKrupp Industrial Solutions signs up a deal to build a PET polymer and staple fibre production plant in Ivanovo, Russia which is supposed to have an annual production capacity of up to 200,000 tons of polyester polymer.

ThyssenKrupp Industrial Solution’s role in the project will include engineering, procurement and supervision of the erection and commissioning of the plant.

The Germany-based multinational firm is working with the Russian company Polyester Plant Ivanovo which is involved in worldwide polyester staple production.

Related Keywords: attract investment, competitive products, cotton spinning, garment factories, increase manufacturing, silk industry, streamline, textile complexes, textile enterprises, traditionally grows cotton, Turkmenistan textile industry, weaving factories, wool processing

Turkmenistan plans to streamline its textile industry to increase the manufacturing of competitive products and attract investment in this industry as it holds an important place in its economic system, the country’s President Gurbanguly Berdimuhammadov said.

Turkmenistan traditionally grows cotton, which serves as a basis for developing the textile industry. The annual turnover of the textile industry is about $400 million as of 2014.

During the last meeting of the Cabinet of Ministers, the issues related to the development of the textile industry were discussed.

Related Keywords: aiming increase total exports, double the size of production, free trade agreements, need to be well prepared, textile enterprises, TPP, Vietnam textile and garment sector, witnessed good growth

Vietnam textile and garment sector having witnessed good growth in exports in 2014 up by nearly 16 percent reaching $24.5 billion is now aiming at total exports of US$ 28 billion to $28.5 billion in 2015.

The textile and garment sector is expected to benefit from several free trade agreements (FTAs) that are likely to take effect. Owing to advantages accruing from the FTAs, the textile industry could double the size of production in ten years. However, textile enterprises need to be well prepared for the same.