Domestic synthetic yarn makers forced to reduce prices, thereby incurring loss over the inventory with continual fall in prices of crude oil and key polyester yarn raw materials such as monoethylene glycol (MEG) and purified terephthalic acid (PTA).
Indore once had seven textile mills and was main exporter of cloth to several parts of the country. The gradual closure of seven mills left thousands of workers unemployed. In the last three decades, several attempts have been made by different organizations and trade unions to revive at least one textile mills. But all attempts failed.
Huntsman Textile Effects, chemicals and dyes innovator has developed a fluorescent whitening agent that will help textile mills achieve brilliant white shades on cellulosic fibers. The whitener also offers zero risk of greening-off and protection against phenolic yellowing during storage and shipment.
A Chinese delegation of four, comprising Dr Youfa, Commercial Counsellor Liu Guoyu and two Vice Consuls — Chong Li and Cong Lu on a tour in Coimbatore region, reaching out to industrialists to consider investing in China and identifying the competitive advantages of such investments , both sides.
The Consul-General of the People’s Republic of China, Liu Youfa, acknowledged that China is passing through the second round of industrial readjustment.
The process started three years back. It will take some more time to resettle the workers.
Planet Textiles 2015, sustainable textile event which tackles the crucial issues on sustainability in the global textile sector supply chain to take place alongside the giant Intertextile Shanghai Apparel Fabrics event. The event is jointly organized by MCL Global, the publisher Ecotextile News and trade fair organizer Messe Frankfurt.
Planet Textiles first debuted in Hong Kong in 2009, with delegates from previous years including executives from Walmart, H&M, Li & Fung, Marks & Spencer, Esprit, Esquel, Crystal Group, Timberlands and Greenpeace.
Bangladesh continues to be one of the major textile exporting countries, globally, after China and India. As thus, Bangladesh’s textile chemicals market is forecast to grow at a CAGR of around 7% during 2014-19 as Dhaka is the largest consumer of textile chemicals in the country due to the presence of a large number of textile mills and garment factories in the region, according to report by TechSci Research.
Pakistan government plans to announce textile package through Statutory Regulatory Orders (SROs) for the textile Industry. Abbas Khan Afridi, the Federal Minister for Textile Industry on Monday assured a textile delegation while talking to a delegation, headed by Chairman, All Pak¬-istan Textile Mills Asso¬ciation (Aptma), Punjab S M Tanveer.
The SROs were sent to the Law Division for vetting and would be notified in the next few days.
Younus Brothers was established in 1962 as a fabric trading business house, which has become one of the largest conglomerates in Pakistan. Fazal Textile Mills and Gadoon Textile Mills the two textile mills of Younus Brother Group (YBG) are planning for a merge with an aim to attract new investment.
The merger will help the group increase the paid up capital to get new loan. Also they will be able to avail the opportunity of exchange raw material and bigger advantage would be of exchanging technology, besides lower marketing cost.
Punjab based textile mills once again facing power supply issue affect production. Minister for Water and Power Khawja Muhammad Asif being urged to provide uninterrupted power supply to the textile mills based in Punjab on independent feeders so as to avert negative impact on the textile supply chain due to sudden disruption of gas supply on the SNGPL network, by APTMA Punjab Chairman SM Tanveer.
