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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
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
Trevira GmbH becomes a wholly owned subsidiary of IVL
Thailand-based Indorama Ventures PCL Group (IVL) has consolidated its ownership by acquiring the remaining 25-percent shareholding of Trevira from its earlier joint venture partner Sinterama S.p.A.
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 Chiina’s Shandong Ruyi group to sell its entire stake in textile maker OCM India Pvt.
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
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.
India Chile expanded PTA to immensely benefit exporters of both sides
India and Chile had signed an agreement on expansion of India-Chile Preferential Trade Agreement (PTA) on September 6, 2016 which be be implemented from May 16, 2017, facilitating exporters of both
NZ revolutionises textile transfers and design of exhibition Stands
Two New Zealand companies Supacolour Group Ltd of Whangarel and APC Innovate shared the coveted Industry Development and Creativity Category Prize at Pride in Print 2017. One producing some of the
Amazon India partners with FIEO to push ecommerce sellers
Amazon India partners with the Federation of Indian Export Organisations (FIEO) – South Zone to help entrepreneurs who are currently manufacturing, retailing and exporting products. It will
Vicunha Textil to partake at Bangladesh Denim Expo
Vicunha is the largest textile industry in Latin America, with more than 40 years of experience in the market has announced that it will be participating in the Bangladesh Denim Expo and it has also
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