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Search Results for: growing demand

Noman Group investing Tk 1,300cr on massive expansion plan
Noman Group, Bangladeshi textile and garment manufacturing company to meet the growing demand from Western buyers is set for a massive expansion plan. For now, the group is investing Tk 1,300 crore
Mohawk acquires former Beaulieu fiber facility in Bridgeport
Mohawk Industries has acquired the former Beaulieu fiber facility in Bridgeport, Alabama to support the growing demand for its carpet and rug collections, said Brian Carson, president of Mohawk
Bangladesh seen as a potential and future market by global yarn makers
Bangladesh apparel export that is facing challenges in some of its strong markets, including the United States and Europe. Though fabrics and yarn are being locally made, Bangladesh still needs to
PTA to emerge as biggest market with growth of textile industry
The market for purified terephthalic (PTA) is likely to witness noticeable expansion in the coming years with the growing demand for polyester, specifically in China. Purified terephthalic acid (PTA)
Toyobo to expand manufacturing facility to double capacity of airbag fabric
Japanese company Toyobo, intends to build a manufacturing facility to double the production capacity of air bag fabric by fiscal 2020 at a local plant of German thread maker PHP, in which they will
Invista opens a new state of the art nylon plant in China
Invista opens a new state-of-the-art, nylon 6,6 facility in China. The new facility includes a 215,000-ton hexamethylene diamine (HMD) plant and a 150,000-ton polymer plant, at the Shanghai Chemical
Ube Industries plans to invest in nylon capacity in Spain
In order to meet the growing demand for high added value nylon, Ube Industries is planning to invest in additional nylon manufacturing capacity at its subsidiary UBE Corporation Europe S.A.U. in
Govt considering cut in excise duty on MMF in the new policy
The Ministry of Textiles is set to announce a cut in excise duty on MMF in the new policy in order to boost investment to meet growing demand from the synthetic textile industry. The MMF industry
Taiwanese textile companies keen to penetrate their products in India
With technical textile industry of India likely to grow at a rate of 20 percent annually to touch $30 billion over the next five years and composite industry also pegged at $2.2 billion with an
Matin Spinning inaugurates its new mélange production unit in Gazipur
Matin Spinning Mills, a concern of DBL Group, inaugurated its expanded Melange unit on 28th March, 2016, the new production unit will produce melange yarn, a mixed yarn used in making fabrics, to
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