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Meridian Specialty Yarn group devises to acquire Valdese textile building
The Valdese Town Council after a closed session voted to enter into an agreement to acquire the former Valdese Textiles building which is located at 1901 Main St., East across from College Plaza to
NZ wool clip likely to see further decline in upcoming season starting in July
New Zealand, the world's largest exporter of crossbred wool, is heading for its smallest annual wool clip in six years. The national clip is likely to see further decline in the upcoming season
SISPA demand reduction in VAT rate presently levied on cotton
The South India Spinners Association (SISPA)stating that the cotton production in the state is not sufficient to meet the needs of mills are force to source it from other states have urged the Tamil
BHE plans to set up new line of wide-ranging fabric manufacturing units
Bhandari Hosiery Exports (BHE), Ludhiana based company focusing largely on exports of garments with expertise in T-shirt plans to set up a new line of wide ranging fabric manufacturing units at its
Bengal govt plans to attract ₹37,000-cr investment through textiles parks
The West Bengal, Chief Minister Mamata Banerjee on Monday announced that in a bid to facilitate business in the state, the government has made an ambitious plan to attract around ₹37,000
Wool market soaring to a new four year high last week
Wool prices have soared to a new four-year high due to a combination of market demand and low supply.The Easter Market Indicator (EMI) posted by the Australian Wool Exchange (AWEX) increased by
Textile industry in Pakistan urges for zero import duty on polyester fibre
The All Pakistan Textile Mills Association has urged the government to bring the import duty on polyester staple fibre down to zero. According to a press release, association’s acting chairman
Global organic cotton witness ten percent rise in production
The global organic cotton market with three consecutive years of production decline from 2012 to 2014 has witnessed ten percent rise in production largely due to increased market demand as well as
Epson fully completes For.Tex buyout to strengthen its digital textile printing business
Global Imaging Innovation expert Seiko Epson Corporation (SEC) through subsidiary company Epson Italia S.p.A., had acquired 50 percent stake in textile printing leader For.Tex S.R.L. of Como,Italy
DMA and NITMA delegation visit Vietnam to explore market
A 13-member delegation representing Denim Manufacturers Association (DMA) and Northern India Textile Mills Association (NITMA) recently visited Vietnam to explore the market. Some textile players
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