investment+25+million | YnFx - Part 14

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2017-06-05 17:00:00

Gulf petchem producers tying up with overseas for projects and acquisitions

Gulf petrochemical producers mainly based in Saudi Arabia due to regional gas shortage and the need to be closer to their customers will target more international players for petrochemical projects

2017-05-26 16:00:00

Turkish knitters urged to set up manufacturing plants in Serbia

Turkish investment in Serbia is expected to grow in the short term as the country offers the best conditions for foreign direct investments (FDI) in the Western Balkans. The Balkan country is

2017-05-17 12:00:00

Shandong Ruyi to invest $410 mn to convert old TV plant into yarn mill

Chinese textile producer Shandong Ruyi Technology Group is planning to invest $410 million to convert a former television factory into an 800-employee spinning yarn mill scaled to use 200,000 tons

2017-05-17 10:00:00

Ethiopia shows potential to become African textile, apparel hub

The government of Ethiopia to make its manufacturing sector globally competition has been keen on diversifying exports with priorities focused on strategic sectors like textile and garment

2017-04-18 15:00:00

Textile sector demand uniform GST tax of 5pc across all value chains

The textile industry of India has urged the government to place all products across the textile and apparel value chain under the lowest slab of the Goods and Services Tax (GST) of 5 percent to avoid

2017-04-05 15:00:00

H&M steadily ramping up its green initiatives

Hennes & Mauritz AB has been steadily ramping up its green initiatives as competition heats up between fast-fashion giants to demonstrate their commitment to the environment with a pledge to use only

2017-03-22 10:00:00

Lenzing to invest EUR 70 mn to expand Tencel production capacities

The Lenzing Group to invest about EUR 70 million over the coming twelve-month period to expand production capacities for its high-quality botanic specialty fibres,. With this investment they are

2017-03-16 16:00:00

Iran sign $3.2bn petchems agreement with HEC

Iranâ€™s state-run Ahdaf Investment Company, a subsidiary of the Oil Pension Fund Investment Company signs a $3.2bn agreement with Hyundai Engineering (HEC) to develop the second phase of the

2017-03-11 12:00:00

ExxonMobil to invest $20bn to expand manufacturing in Gulf coast

Exxon Mobil Corp., plans to spend a total of $20 billion to expand its manufacturing and export capacity over 10 years on refineries, chemical and liquefied natural gas plants along the Gulf Coast.

2017-02-11 16:00:00

Zim aims to boost cotton production, pay 5pc export incentives

Zimbabwe aiming at boosting cotton production in the country is considering to pay out a five percent export incentive to cotton producers this year, following governmentâ€™s injection of $42

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