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Search Results for: material supply

Financial crunch disables Nigerian textile sector to show competitiveness
The Nigerian textile sector is facing a huge financial crunch as it is unable to prove its competitiveness. Although several factories have benefited from a $500m government intervention to revive
Lotte Chemical Pakistan has sought protection against cheaper imports of PTA
Lotte Chemical Pakistan Limited owned by South Korean conglomerate Lotte and a sole producer of pure terephthalic acid (PTA) used by the polyester industry seeks protection against cheaper imports of
Sluggish trend continues in polyester as markets seek direction
Ethylene market was assessed flat as sluggish trading continued but prices were up in the week ended 12 June 2015 and the diverge trend continued between NE and SE Asia. European spot prices fell as
Less energy more productivity with new yarn manufacturing technology
Led by Professor Xiaoming Tao, researchers at The Hong Kong Polytechnic University have developed a new yarn manufacturing technology that can increase productivity with less energy consumption. The
Pakistan expected to import more than 3.35 lakh high quality cotton bales from US
Pakistan, a cotton producing country ranks the eighth largest US cotton importer. The country imported1.69 lakhs of cotton bales from US in the previous fiscal year. In the current fiscal year
Polyester chain pricing is under weak correction
Asian ethylene prices stayed flat amid weak PE market and turnarounds. Polyethylene prices were seen softening on a combination of weaker LLDPE futures, tapering agricultural demand and falling
Foreign textilers moving ahead of FTAs with their production facilities in Vietnam
Foreign textile and garment firms to enjoy a zero percent import tax rate under the commitments of free trade agreements (FTA) such as the Trans-Pacific Partnership Agreement, the EU-Vietnam FTA,
Nylon chain will roll over the strong sentiment in May
Benzene prices jumped sharply across regions for the third consecutive month of April, with highest rise seen in Europe. Asian benzene prices rose on strength of downstream styrene and toluene
Polyester pricing up in April on production disruptions and surging crude
Production disruptions caused by fire at major PTA and MEG plants in China pushed up Asian raw material prices in April, triggering an immediate response in polyester chain. The surge was largely for
Yarn Forward rule to have major effects on signatory countries such as Vietnam
United States led trade agreement Trans-Pacific Partnership (TPP) which involves twelve countries, is presently under negotiation. A key part of the proposed TPP is a rule known as “yarn
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