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2014-05-05 09:00:00
Performance Fibers decision on transformation process to compete efficiently
Performance Fibers Inc. to stay competitive in the current challenging environment has decided to close its polyester tire yarn plant in North Carolina over the coming 12 to 15 months and transfer
2014-05-01 09:00:00
APTMA claims Punjab textile industry in strain
With the claim of APTMA (All Pakistan Textile Mills Association) of the closure of 25 spinning and weaving factories as well as production of firms demoted by nearly 33%, it is sure for the Punjab
2014-04-22 09:00:00
Indian textile sector ought to review plan to reduce dependence on China
In response to the increasing demand from China for both cotton and yarn over the past three years, many cotton yarn spinning mills in India increased their production capacities to meet the rising
2014-04-20 14:00:00
Vietnam’s TPP invites top textile investors
Vietnam garment and textile sector has been drawing in investment projects from China, Taiwan, and Hong Kong of which China’s investment in Vietnam have been increasing piercingly Vietnam in
2014-04-17 15:00:00
Double pressure strikes on Surat weavers
Surat, the country’s biggest man-made fabric industry is going through acute labour shortage at its weaving units. At the time when several small weaving units were finding it difficult carry
2014-04-15 12:00:00
RIL’s new facility in Silvassa to take its total capacity over 1.5 mtpa
Reliance Industries Ltd (RIL), the largest producer of polyester fibre and yarn in the world has commissioned its new ultra-modern Polyester Filament Yarn (PFY) facility which is most automated and
2014-04-15 09:00:00
Revaluation in Pakistan exchange rate to cause adverse effect on export revenue
Pakistan exchange rate see a sudden 12 percent revaluation of the rupee from 108 to 96 a dollar will is likely to cause an adverse effect on export revenue. The value-added textile industry is
2014-04-08 11:30:00
Indian textile industry facing dual challenge over currency move
Indian textile industry together with including cotton yarn is facing dual challenge with the Indian rupee appreciating while there is depreciation in the Chinese currency against the dollar. In
2014-04-06 10:30:00
Pakistan govt has no alternative but assure continual gas supply to textile units at the soonest
Pakistan textile industry has been facing gas and power supply issue is the affecting the performance of the industry. The government need to act on this issue immediately as it has no other
2014-03-24 12:20:00
Rising in paraxylene prices did not help polyester fibre
Demand for paraxylene has apparently rebounded a bit in the week of 21 March and prices were up in Asian markets. Hwever, in Europe paraxylene spot price was assessed down as the market was in bad
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