investment+25+million | YnFx - Part 25

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2014-10-27 17:00:00

Itochu acquires 5pct stake in Vinatex the biggest state-run garment-textile group of Vietnam

Itochu Corp, the third largest multi-sectoral conglomerate in Japan acquires 5 percent stake in the state-run Vietnam National Textile And Garment Group (Vinatex) with a purchase price of more than

2014-10-22 17:00:00

Russian companies plan to establish large-scale production of technical textiles

BTK is not the only Russian company, which plans to establish large-scale production of technical textiles. Several days ago the National Investment and Finance Corporation (NIFC), one of

2014-09-12 12:00:00

Russia to develop a new $300 mn complex for the production of man-made fibres in the Ivanovo region

In Russian, at present the situation in the man-made fibre industry remains complex, this is reflected by the fact that, despite numerous investment projects, which have been declared in Russia in

2014-09-09 15:30:00

Chinese textile companies looking to manufacture in the US

Chinese companies are looking to manufacture in the U.S., lured by lower costs of energy, cotton and land, and wary of rising labor costs in China. The Carolinas once the epicenter of the U.S.

2014-09-03 11:00:00

Bangladesh local entrepreneurs focus on investing heavily in denim production

Demand for denim fabric is high worldwide, as denim garments are comfortable and fashionable. To meet the growing global demand, local entrepreneurs of Bangladesh have started investing heavily in

2014-08-22 15:30:00

Sri Lankan ongoing export push continue narrowing its trade deficit

Sri Lankan trade deficit for the six months ended June (1Hâ€™14) narrowed 20.1 percent to US $ 3.55 billion, driven by exports which grew by 16.8 percent YoY to Rs. 5.44 billion. However, the

2014-08-16 17:00:00

Capatex technical textile firm offered funds for its expansion plans by Nâ€™Tech

Capatex, a Basford based manufacturer of technical and industrial textile set up in 1995, has been offered financial support by the Nottingham Technology Grant Fund, known as N'Tech, to help promote

2014-08-06 11:00:00

Camira achieved record financial performance plans to knit closer ties with biggest US corporate

Camira Group, a Yorkshire textile manufacturer having achieved a record financial performance in 2013 on the back of sales to 69 countries. Its annual sales reach £60.1m last year; an

2014-08-05 23:00:00

Textile vision document focus on export of only finished products to achieve target projected

The textile vision document prepared by the Ajay Shankar committee, proposes export of only finished products. This would involve growth rate of apparel, home furnishings, technical textiles and

2014-07-30 12:30:00

WL Ross & Co seeking some opportunities to invest in Indian textile

After the Narendra Modi government laid out proposals in the recent budget to revive the sector. US-based WL Ross & Co, specializing in restructuring financially distressed companies globally, is

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