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Indian textile makers focus on innovations to grab overseas markets
Top textile manufacturers are focusing more on research and development (R&D) to position their growing business overseas and are projecting higher revenue notwithstanding the weak global markets.
Fall in crude oil price impacts MEG price to go down simultaneously
Mono ethylene glycol prices in Asian markets declined in the first week of August as traders turned increasingly bearish amid falling crude oil, which depressed prices of polyester feedstock. Markets
Wool-Like yarn developed using leftover parts from meat processing plants
A team of Swiss scientists, led by Wendelin Stark and Philipp Stoessel, have invented a way to create a wool-like fiber using leftover parts from meat-processing plants. The technique, which was
Pakistan's premier industry textile in dilemma
The All Pakistan Textile Mills Association (APTMA) has threatened to go on a strike if corrective measures are not taken by the government by August 31. There is a full-fledged Ministry of Textiles
Textile companies filing for patents to maintain their market
Top textile companies to enhance export market share have started spending on research and development (R&D) to come out with newer products as they feel it is the only way to keep their market and
PTA price in Asia faces the brunt of sluggish demand
Purified terephthalic acid prices in Asian markets slipped in the first week of August amid bearish downstream polyester markets as end-users remained sluggish, expecting the lack of buying interest
Cashmere World Forum 2015 to take place in HongKong this October
The Cashmere World Forum is the leading informative event focusing specifically on cashmere and fine fibres to take place in Hong Kong from 7-9 October. According to organizers, it represents an
Investors to set up factories elsewhere with decline in China’s competitiveness
China’s rapid decline in competitiveness as a manufacturing centre is being displayed both in market analysis and in the number of domestic and foreign investors who are looking elsewhere to
Weakening of Yuan likely to have negative impact on Vietnamese exports in the long term
The yuan weakening likely to have negative impacts on Vietnam’s economy in the long term, according to Dang Phuong Dung, deputy chair of the Vietnam Textile and Apparel Association (Vinatas),
Paraxylene price falls in the initial period of August
Paraxylene markets in Asia tracked declining upstream as mixed xylene prices fell in the first week of August while Hengli has decided to shut its Dalian PTA plants. In US, spot paraxylene
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