Ashland Inc, a manufacturer of specialty chemical solutions, said it has hired William Wulfsohn as its new CEO, who replaces James O'Brien, who retires at the end of December. Wulfsohn, 52, brings nearly 30 years of world-class chemicals ...
Tags: specialty alloys, powder metal stainless steels, Textile
For the second fiscal quarter ending September 30, 2014, net profit shot up 60%, while sales climbed 17%, both growths coming from a year ago periods, at Shoppers Stop Ltd (SSL). SSL reported a gross retail turnover of Rs. 942.76 crore ...
Producer of speciality chemicals and NYSE listed, Eastman Chemical said it expects to deliver greater than 12 percent EPS growth, from strong organic growth due to acquisition of Taminco. Alongside, Eastman also expects to generate more ...
Thailand based, Indorama Ventures Public Company Limited (IVL) said in the first nine months of fiscal 2014, its core net profit skyrocketed in triple digits, from the same period of previous fiscal year. IVL, a producer of intermediate ...
Tags: intermediate petrochemicals, crude oil prices, Textile
National Titanium Dioxide Company, Ltd. (Cristal) said it has acquired the titanium dioxide (TiO2) business of China based, Jiangxi Tikon Titanium Company Ltd. The transaction which consists of a combination of assets and equity is ...
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
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
For the third fiscal quarter of 2014, gross margin at apparel retailer JC Penney expanded 710 bps over the same quarter of the previous fiscal year. In the third quarter ending November 1, 2014, gross margin stood at 36.6 per cent of ...
Tags: apparel retailer, gross margin, Apparel
Revenue and EBITDA surged 17 and 52 per cent, respectively from a year ago quarter at the fashion and lifestyle business of Kumaramangalam Birla led, Aditya Nuvo, in the second fiscal quarter ended September, 30, 2014. Led by revenue ...
Tags: Pantaloons, Jaya Shree Textiles, Apparel
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
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, ...
Speakers at the recently held International Cotton Advisory Committee's (ICAC) 73rd Plenary Meeting were of the opinion that, instrument testing of cotton lint will help farmers realise better prices and that it was imperative. This ...
Tags: cotton lint, instrument testing, Apparel