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Parkdale acquires Summit Yarns’ Mexican manufacturing plant
Gastonia-headquartered Parkdale, which employs 300 workers in Gaston County, confirmed acquisition of Summit Yarns’ Mexican manufacturing plant. This should only strengthen its local and U.S.
Proposal for development of handlooms, handicrafts and sericulture in the North Eastern Region
The Annual Conference of State Textiles Ministers was held on Wednesday at Scope Complex, Lodhi Road where Union Minister of State (Independent Charge) for Textiles Santosh Gangwar discussed the
Textile manufacturer Warm Company to expand its existing textile plant and distribution center
The Warm Company, textile manufacturer dedicated to providing innovative quality products for the quilting, crafting, and sewing industry as part of its expansion plan would be investing a $4.9
Textile ministry to introduce venture capital fund to support start-up entrepreneurs
Minister of State (Independent Charge) for Textiles, Santosh Gangwar, at the annual conference of State textiles ministers held yesterday announced that the Textile Ministry plans to launch a venture
Textile parks held up owing to lack of environmental clearance and power shortage
The state textiles ministers’ conference was held on Tuesday to discussion on the status of integrated textile parks, launched with major concern for textile industry a couple of years ago. A
Estonian textile company acquires knit fabrics factory Qualitex from Tolaram
Kristi Täht is Estonian businesswoman and owner of the Estonian textile company K.Täht Holding OÜ, has acquired the knit fabrics factory Qualitex AS from Tolaram Group, which operates in
Higher arrival of phutti with slow demand has move the cotton prices lower
Higher arrivals of phutti (seed cotton) coupled with slow demand for cotton yarn kept spinners to the sidelines. While prices moved lower on the cotton market yesterday in Pakistan. Lint prices
Govindaraja Textiles to set up open end spinning unit with 35 tons of yarn a day capacity in the US
Shri Govindaraja Textiles, part of the Jayavilas Group, is setting up an open-end spinning unit in Eden, North Carolina. The spinning unit will have 16 machines and its production capacity will be 35
China PE, PP likely to see fall in prices over excess supply and low demand
The Chinese domestic market for polyethylene (PE) and polypropylene (PP) likely to continue seeing decline in prices into October, as scheduled plant start-ups of Ningxia Baofeng Energy’s
Cotton prices drop by 7.5pc in last 4 days due to poor demand from yarn mills
Cotton, which was quoted at Rs 40,000 per candy last Thursday, was trading at Rs 37,000 per candy (a candy of 356 kg) on Tuesday, registering Rs 3,000 drop in price, a decline by 7.5 percent per
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