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Vinatex urged to undertake reform to develop production and business
The Vietnam National Textile and Garment Group (Vinatex) has been urged to undertake comprehensive reform to develop its production and business. Prime Minister Nguyen Xuan Phuc’s message was
Pakistan textile, clothing export decline during first 11 month of current FY
Pakistan’s textile and clothing exports witnessed decline during the July-May period of 2016-17, as per data released by the Pakistan Bureau of Statistics on Tuesday. The decline in export
MEG price climbs in Asia
Asian MEG prices jumped US$32 a ton CFR China and CFR South East Asia in the first week of June. In China, offers for nearby-month cargoes surged amid moderate transaction. Mono ethylene glycol
Paraxylene price inches up in Asia, down in US
Asian paraxylene prices inched up US$2 a ton CFR Taiwan/China in the first week of June. Isomer-grade mixed xylene prices were however, down US$10 a ton FOB Korea on the week. Paraxylene prices
Swedish firms keen to invest in Bangladesh RMG industry
Investor AB and ABB Sweden, two leading Swedish companies have expressed their keen interest in making investment in Bangladesh’s readymade garment industry alongside the power sector. The
Bulgarian Nikolov & Sons to launch textured silk production line
Bulgarian textile company Nikolov & Sons established in 1999 specializing in the manufacture and trade of covered elastic yarns and threads is planning to launch a 1.2-million euro ($1.34 million)
ColorJet to Showcase Digital Textile Printer TXF with Japanese Technology at Heimtextil
After the successful launch of the ColorJet TXF digital textile printer at FESPA Hamburg, Germany in May 2017, ColorJet India Ltd, India's largest manufacturer of digital printers will now showcase
Uttar Pradesh likely to get its maiden silk research centre
Uttar Pradesh likely to get its first regional silk research centre as the state looks to meet the demands of its weaver community and raise its share in the national production. According to
Demand for reduction of GST rate on MMF and yarn
Textile mills demand reduction of GST rate on manmade fiber (MMF) and yarn to 12 percent from 18 percent and refund should be permitted for fabric manuafacturers. According to Prabhu
Kerala state moots one time capital infusion for textile industry
Kerala state government’s expert committee headed by P. Nandakumar, comprising, among others, M.P. Sukumaran Nair, chairman, Public Sector Restructuring and Internal Audit Board, has
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