Operating profit excluding special items was strong at $97m despite the third quarter being seasonally the weakest due to the summer holiday period in the northern hemisphere and the scheduling of annual maintenance work during the period. ...
Operating performance in the quarter was strong and substantially above the equivalent quarter last year. The group increased EBITDA excluding special items by 21% to US$175 million, operating profit excluding special items by 51% to ...
Tags: Stronger Performance, EBITDA
During yarn clearing, which eliminates yarn faults, faults in core yarns have to be detected very reliable for which the optical yarn clearer Zenit+ from Loepfe, offers a superior method for this application. According to a Loepfe press ...
Tags: core yarns, staple fibre
Kumara Mangalam Birla led Aditya Birla Chemicals (ABCIL) and a company of the Aditya Birla Group said it has received shareholders’ approval for merging the company with Grasim Industries. “The merger between the two companies ...
Tags: ABCIL
Credit rating agency India Ratings and Research (Ind-Ra) has maintained an overall stable outlook for the cotton textile sector for FY16. This is led by stable spinning margins in the cotton yarn segment, range-bound cotton prices and ...
Tags: textile manufacture, garment manufacture, cotton textile
Vietnam, which has so far allowed duty free import of polyester staple fibre (PSF) could charge a 2 per cent import tax following a proposal by the ministry of industry and trade to encourage domestic production, a Vietnamese newspaper has ...
Tags: Import Tax, polyester staple fibre
Grasim Industries, India’s pioneer in viscose staple fibre, will temporarily suspend production at its Nagda (Madhya Pradesh) plant. The company has informed the BSE that it has started reducing production of staple fibre at its ...
Tags: Grasim, Staple Fibre Production
At ShanghaiTex which runs from June 15-18, 2015, Karl Mayer will present three new machines; the TM 4 TS EL, the HKS 4-M and MJ 59/1 S Multibar Jacquardtronic Lace and other machines in Hall W1, Stall no. C-02. One of the technologies, ...
Tags: Karl Mayer, ShanghaiTex, staple-fibre yarns
At this year’s Techtextil to be held in Germany, Allma, part of Saurer Group, will focus on the TechnoCorder TC2 with interesting developments in FlexiPly and the new 830 mm spindle gauge at Stand D-02 in Hall 3.0. Allma will ...
Tags: twisting machine, Techtextil
Aditya Birla Group has announced the launch of Birla Cellulose’s ‘Liva’ brand. The Liva fabric uses Birla Cellulose’s viscose staple fibre (vsf) and is manufactured by the company’s accredited partners, who are ...
Tags: Aditya Birla Group, Liva fabric, fabric
The Board of Directors of Grasim has approved the proposed merger of the Aditya Birla Chemicals (India) Limited (ABCIL), another Aditya Brila Group company, with Grasim. Grasim’s Board of Directors approved the swap ratio of 1 ...
Tags: Aditya Birla Chemicals, Grasim
Spinning technology leader, Rieter is exhibiting at Texfair trade show being held in Coimbatore from January 9-11, 2015 at booth A32 and 33. Rieter will showcase its technology components and conversions for all four spinning systems, ...
Volkmann which develops, produces and sells twisting and cabling systems for staple fibre yarns, carpet yarns and glass filament yarns will be exhibiting at Domotex Hanover at stand A22 in hall 5. According to Volkmann, visitors can ...
Tags: E3 Technology, energy-saving twisting, cabling machine technology
Mid-market pan-European investor Aurelius has acquired Europe's leading ethical plastic bottle recycler Eco Plastics for an undisclosed amount. With this investment, Aurelius will supply its highly specialised operational improvement ...
Tags: Plastic Bottle, Eco Plastics, Agriculture
Austria based, Lenzing said looking at the challenging conditions, it will not undertake any new expansion projects at any of its viscose staple fibre (VSF) production sites across the world. Although Lenzing continues to anticipate good ...
Tags: viscose staple fibre, Textile