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2015-06-16 10:00:00
Lotte Chemical Pakistan has sought protection against cheaper imports of PTA
Lotte Chemical Pakistan Limited owned by South Korean conglomerate Lotte and a sole producer of pure terephthalic acid (PTA) used by the polyester industry seeks protection against cheaper imports of
2015-06-15 16:55:00
Sluggish trend continues in polyester as markets seek direction
Ethylene market was assessed flat as sluggish trading continued but prices were up in the week ended 12 June 2015 and the diverge trend continued between NE and SE Asia. European spot prices fell as
2015-05-31 10:00:00
Keer Group plans to double capacity of its yarn spinning facility in Lancaster
Chinese textile company Keer Group is planning investment of $65 million to double the capacity of its yarn-spinning facility in Lancaster County, South Carolina, and introducing incentive schemes to
2015-05-13 17:35:00
Polyester pricing up in April on production disruptions and surging crude
Production disruptions caused by fire at major PTA and MEG plants in China pushed up Asian raw material prices in April, triggering an immediate response in polyester chain. The surge was largely for
2015-05-11 10:00:00
Indonesian textile sector likely to receive investment of Rp 3 trillion this year
Indonesian textile and garment industry regardless of rising challenges by way of new electricity prices and increase in labor costs expects to receive investment of around Rp 3 trillion (US$230.15
2015-04-30 12:00:00
Bahrain textile factories likely to hit hard if US fails to extend the TPL deal
Bahraini products have been getting huge business in the US since the US-Bahrain free trade agreement (FTA) tariff preference level (TPL) was signed. If the tariff agreement with the US is not
2015-04-28 17:30:00
Polyester chain witnessed another bout of cost-push price advances
The polyester chain witnessed another bout of price advances in the week ended 24 April, with polyester staple fibre and filament yarn prices zooming past or almost at par with its previous high seen
2015-04-26 10:00:00
Indonesia likely to complaint with WTO over Turkey’s antidumping measures
Trade authority of Turkey last week extended higher levies on Indonesian yarn of man-made staple fibers, which are to apply for five years following a recent review. The duties, ranging from 25 cents
2015-04-15 15:00:00
Tirupur knitwear exports surpass Rs 20k cr mark in 2014-15
Tirupur, the largest hub for knitwear exports in India for the first time ever in 2014-15 crossed Rs 20,000 crore but the growth in rupee terms has fallen sharply due to the swift depreciation of
2015-03-25 17:19:00
Polyester pricing moderates across the value chain
In the week ended 20 March, prices of polyester chain moderated a bit after generally rising earlier on cost support. While crude oil prices were up as US$ weakened on US interest hike uncertainty,
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