Despite a 16.26 percent revenue hike in the second quarter of fiscal 2014-15, impacted by higher depreciation and amortisation costs, net profit at Vardhman Textiles Ltd sank 48.4 percent, year-on-year. The vertically integrated Indian ...
Tags: cotton prices, yarn prices, Textile
The 20th edition of Irantex, a trade fair of textile machinery, textile raw materials and finished products will held from November 17-20, 2014 in Tehran. Irantex 2014 will see participation of 170 Iranian and 160 foreign exhibitors from ...
Messe Frankfurt, organizers of Heimtextil said they are enlarging offering of digital printing products and information at the trade show which runs from January 14-17, 2015. In addition to an extended ‘Digital Print’ product ...
Tags: Digital textile printing, Textile
The Government of Australia will reduce tariff on import of textiles from Pakistan beginning 2015, Australian High Commissioner to Pakistan Peter Heyward has said. Speaking at the fourth annual dinner of the Pakistan Australia Business ...
Tags: import of textiles, bilateral trade, Textile
Pakistan-based International Textile Ltd (ITL) has deployed SAP’s business software solutions by entering into a partnership with SAP, to bring technology-driven success across its international textile manufacturing. To support ...
Leading textile companies from Taiwan will be exhibiting a wide range of quality design and high performance textile & garment products at the Taiwan Textiles Fairs in South Asia 2014, in the Sri Lankan capital of Colombo on November 24-25, ...
Tags: garment products, Foreign Trade, Textile
The man-made fibre (MMF) industry in India has demanded that the Union Government implement a fibre neutral excise policy and remove bias and anomalies against the MMF industry. The MMG producers, represented by the Association of ...
Considering the heightened activity seen in environmental friendly textile production processes and activities like detox campaign and the resultant ZHDC initiative, the Oeko-Tex Association top brass confirmed their commitment to address ...
Tags: textile testing body, Made in Green, Apparel
Led by a marginal decline in production in Gujarat, a cotton trade body has estimated India’s 2014-15 season cotton output at 405.50 bales (170 kg each) as against 407.25 bales in 2013-14 season. A news agency reported that as per ...
Tags: cotton trade body, cotton output, Textile
A new polypropylene plant will come up at IndianOil’s Paradip Refinery Project complex at Paradip in India’s eastern coastal state of Odisha. Foundation for the Rs 3150 crore polypropylene plant was laid by Minister of State ...
Tags: polypropylene plant, catalyst, Textile
Dow Chemical said it will reconfigure and reduce its equity base in the MEGlobal and Greater Equate joint ventures, including Kuwait Olefins Company (TKOC) and Kuwait Styrene Company (TKSC). This reduction, Dow said, will be done through ...
Tags: petrochemical products, Qurain Petrochemical Industries, Textile
New York cotton futures dropped precipitously this week, as December lost 346 points to close at 59.73 cents/lb, while March fell 353 points to close at 58.75 cents/lb. “The narrow five-week sideways trend ended abruptly on Monday ...
Tags: cotton futures, market report, Textile
Bangladesh based, Far East Industries Ltd will set up the country’s first compact yarn manufacturing facility. “The plant to be set up in Habiganj will be operational in 18 months at an approximate investment of Tk 150 ...
Kornit Digital, a global marketer of industrial direct-to-garment (DTG) textile printing technology said it is showcasing its latest technologies at FESPA China & CSGIA 2014. One of the highlights at its booth – 1401, Kornit said, ...
India’s annual rate of inflation, based on monthly wholesale price index (WPI), dropped to a five-year low of 1.7 per cent for the month of October, 2014 (over October, 2013), according to the provisional data released by the Office ...
Tags: annual rate of inflation, consumer price index, Apparel