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Textile units to register online and provide production data
The Government has made another move post demonetization.They have made it mandatory for all textile units across the value chain, except handloom, khadi and jute, will have to register online and
Export incentive to make Nepali garment more competitive
The Nepali domestic apparel manufacturers have demanded the government to provide 10 percent export incentive on total export value through the supplementary budget, which according to them, is a
Acrylonitrile price falls in Asia despite high upstream cost
Asian ACN prices fell US$10-11 a ton CFR Far East Asia in the last week of November while Southeast Asia moved down US$10 a ton. Acrylonitrile prices in Asian markets fell on the week on sluggish
Lenzing plans to construct a new largest Tencel fibre plant in USA
Lenzing plans to construct a state-of-the-art plant with a production capacity of 90,000 tons per year at its site in Mobile, Alabama. The new facility will be the largest Tencel fibre plant in the
Paraxylene price moves up amid surging crude oil values
Asian paraxylene prices surged US$17.33 a ton CFR Taiwan/China and FOB Korea in the last week of November. Isomer mixed xylene jumped US$28.50 a ton FOB Korea on the week. Paraxylene prices in
IVL signs long-term deal with TR Corp for gas cracker feedstock
Indorama Ventures Public Company Limited (IVL), a leading global chemical producer has signed a long-term agreement with Targa Resources Corp, a leading supplier of natural gas liquids (NGLs) in Mont
Caprolactum prices surge amid tight availability in Asian markets
Asian caprolactum prices were up US$10 a ton SE and FE in the last week of November. In China, spot offers for liquid goods surged US$100 a ton while solid good offers were stable on the week.
Nylon Knitting invest to extend its Malta facility
Nylon Knitting , a company with 30 years of experience in the production of Nylon 6 yarn and fabric, has announced a €6 million investment in an extension to its product facilities in Malta. It
FTA’s push Vietnam to focus on domestic supply chain
After the recent signing of FTA’s, many foreign investors have been attracted to Vietnam according to the chairman of the HCM City Association of Garment Textile Embroidery and Knitting. But
Indonesia govt to make efforts to strengthen textile industry to remain competitive
The business of Indonesia textiles and textile products was hampered by smuggling or illegal imports of used clothing in some parts of Indonesia, but the government of Indonesia is set to take firm
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