china | YnFx - Part 146

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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 10:50:19

MEG price jumps on incremental demand

Asian MEG prices inched up US$3 a ton CFR China and CFR South East Asia marker in the first week of May. Mono ethylene glycol prices inched up on incremental demand in China as polyester plants are

2017-05-17 10:49:58

Paraxylene prices plunge in Asia, up in US

Asian paraxylene prices plunged US$24.67 a ton CFR Taiwan/China and FOB Korea in the first week of May. Isomer-grade mixed xylene prices fell US$35.50 a ton FOB Korea on the week. Paraxylene

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

2017-05-16 11:00:00

WL Ross in talks with Shandong Ruyi to sell entire stake in OCM India

WL Ross and Co. Llc, global distressed assets and special situations investor are currently in talks with Chiinaâ€™s Shandong Ruyi group to sell its entire stake in textile maker OCM India Pvt.

2017-05-16 07:29:08

Nylon yarn market sentiment remains bearish

In China, FDY70D/24F SD prices fell US cents 7 a kg in the first week of May, while FDY40D fell US cents 11 a kg on the week. DTY 70D/24F prices declined US cents 7 a kg and 30D/10F fell US cents 7 a

2017-05-16 07:27:15

Caprolactum prices plunge on raw material cost pressure

Asian markers for caprolactum, the SE and FE declined US$100 a ton in the first week of May while high?end contract price for April remained unsettled. In China, spot liquid caprolactum offers

2017-05-15 17:00:00

Textile trade likely to get boost with Japan evaluating Indian labs

The experts from Japanese Textile Products Quality and Technology Centre (QTEC) are currently evaluating eight laboratories belonging to the Textile Committee comply with the quality requirement.

2017-05-12 13:00:00

Exxon Mobil acquires Singapore petrochemical plant to meet demand in Asia

Exxon Mobil Corp acquires refining and petrochemical plant owned by Jurong Aromatics (JAC) in Singapore to boost its aromatics production in Singapore to more than 3.5 million tonnes per year (tpy),

2017-05-12 12:44:57

Polyester yarn markets remain stable in Asia

In China, offers for 32s polyester yarn in Shengze were stable in the last week of April. In Qiangqing, 32s weaving yarn also dropped US cents 1-2 a kg on the week. Polyester spun yarn markets in

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