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Search Results for: mark support

WestPoint Home to invest $9m for expansion of its spinning capacity in Bahrain
US manufacturer and marketer of home products WestPoint Home (WPH) decides to make investment of $9 million for its third spinning capacity expansion at its Bahrain manufacturing complex. The company
MP textile mills hit hard by high cost of production, drop in exports
Madhya Pradesh has about 45 textile mills of which 35 are spinning mills and 10 are composite mills are facing high rise in cost of production by about 10-15 percent due to higher cotton prices,
Rise in exports assist India to trim spending on cotton purchases
Cotton crop failure in Pakistan has led to coercion for the nation to raise its imports following the hike in local prices. This has profited the world’s largest producer of the cotton fibre.
MEG price gains in Asia, down in US and Europe
Asian MEG markers gained US$20 a ton CFR China and CFR South East Asia in the third week of December. SABIC nominated its January Asia Contract Price at US$730 a ton CFR Asian main ports, down
AP Govt approves Rs70cr to setup mega cluster for handloom development
The textiles and handlooms minister Kollu Ravindra at the inauguration of the National Handlooms Expo along with irrigation minister Devineni Umamaheswara Rao on Sunday assured that government will
African countries to begin export cotton duty and quota free
The World Trade Organization’s 10th Ministerial Conference held in Nairobi, Kenya, from December 15 to 19, was the first such meeting hosted by an African nation where the ministers agreed on
Viscose yarn prices plunge in China
In China, mainstream prices of 40s compact siro-spun yarn in Jiangsu fell US cents 8 a kg while 30s spun viscose in Xiaoshan were down US cents 3 a kg in the third week of December. Spun viscose
Pakistan’s textile industry suffers due to high cost of business
High cost of doing business has started hitting textile industry of Pakistan severely as further closure of operations of the textile mills have been reported to the association, said Tariq Saud,
Paraxylene price dips on weak crude
Asian paraxylene markers fell US$15 a ton FOB Korea and CFR Taiwan/China in the second week of December. Paraxylene prices dipped back to below November end levels as crude oil markets sank.
TTEL gets £123,000 grant to invest in its new technical textiles business
Toray Textiles Europe Ltd (TTEL) UK based manufacturer of woven polyester, nylon and high performance synthetic fabrics has been also developing more specialist markets for its fabrics such as
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