Lion has opened its specialty cheese manufacturing hub, named The Heritagein Burnie, Tasmania and the largest specialty cheese facility in the Southern hemisphere. The Heritage has been significantly expanded and upgraded, with over $150m ...
Tags: Specialty cheese
SPC Ardmona, an Australian fruit packing company owned by Coca-Cola Amatil, has opened the phase I of the $100m modernisation and renewal project at its fruit processing plant in Shepparton, Australia. The new SPC snack line at the ...
Tags: SPC Ardmona, fruit packing
Bangladesh may emerge as an unlikely saviour for the Indian cotton sector that has been left reeling in the face of low Chinese imports. Indian cotton export is expected to fall to a six-year low as China continues to cut imports. According ...
Tags: Cotton Imports, Cotton
The State Bank of Pakistan (SBP) slashed key interest rate to a record low of 7 per cent at the weekend, laying a foundation for implementing growth-oriented economic policies in the country, the country’s media has reported. ...
Meghalaya will soon have its own apparel and garment centre. Chief Minister Mukul Sangma recently laid the foundation stone of an apparel and garment centre to be set up under the North East Region Textiles Promotion Scheme, according to ...
Tags: Apparel, garment centre
South Korea, which sends around a quarter of its exports to China, is one of the few countries in the world to run a trade surplus with the Asian giant. Both countries want more of this trade to be done in yuan, which would make trade ...
Tags: trade surplus, Chinese currency
Tobacco companies are reportedly launching a major legal assault against the UK government’s standardised packaging legislation According to the Daily Telegraph, the move could be one of the biggest ever legal claims ...
Tags: Tobacco Firms, Plain Packs
South Korean carmaker Hyundai Motor is looking to launch Sonata plug-in hybrid electric vehicle (PHEV) sometime between October and November this year to seize the driver’s seat in the eco-friendly domain in the country. "We plan to ...
Tags: Hyundai, Sonata Phev, 2015-End
India recorded the highest index score in consumer confidence in Asia-Pacific of 130, a one-point increase from the previous quarter and a level that has not been reached since 2011. Confidence in India has been on the rise for six ...
Tags: Nielsen Consumer, Textile
The Union Cabinet has given its approval to review of Foreign Direct Investment (FDI) Policy on investments by non-resident Indians (NRIs), persons of Indian origin (PIOs) and overseas citizens of India (OCIs), according to an official ...
Tags: FDI Policy, Union Cabinet
Inaugurating a textile park at Nandgaonpeth MIDC (industrial colony) near Amravati on Thursday, Maharashtra Chief Minister Devendra Fadnavis said such parks would be established in eight other places in the state's cotton-belt, according to ...
Tags: Textile Parks, Cotton Belt, textile
USDA said it has initially projected the 2015/16 global cotton crop at 111.3 million bales, 7 per cent or 8 million bales below the 2014/15 estimate. In a report, USDA said area reductions in many countries are expected to account for ...
Tags: Cotton Crop, cotton
Two years after global garment brands and retailers and two global unions and their national readymade garments (RMG) affiliates signed an unprecedented agreement to make garment factories safe in Bangladesh, all 1500-plus factories covered ...
Tags: Garment Industry, garment brands
GCiS China Strategic Research estimates that the domestic market for metal surface treatment chemicals in China is valued at over RMB 16.4 Bn, or USD 2.6 Bn, as of 2014 year end. The study finds that the market will continue to grow at a ...
Although the Chinese government has pledged to use internet technology to upgrade manufacturing industry, there is a huge gap between the desire of the authorities and reality in the textile industry, the China Daily said a quoting a report ...
Tags: Textiles Sector, textile industry