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Taipei Innovative Textile Application Show to Lead The Way for Global Textile Market

Oct 19, 2017

Hosting 383 exhibitors from 11 countries and areas namely Germany, Switzerland, Sweden, Czech, the U.S, Japan, South Korea, India, Taiwan, Hong Kong and China, Taiwan's most influential textile trade fair, 2017 Taipei Innovative Textile ...

Tags: Textile, Textile Market

FENC Will Invest Nt$ 10 Billion to Expand Its Existing Capacity in Vietnam

Jun 29, 2015

Far Eastern New Century Corporation (FENC), one of Taiwan’s leading textile makers, will invest NT$ 10 billion (US$ 320 million) to expand its existing capacity in Vietnam. In a statement issued following the company’s ...

Tags: Far Eastern New Century Corporation, textile

Sanko Group Selected Datatex as Their Core ERP Systems Provider

Jun 24, 2015

Sanko Group, a leading textile firm in turkey, and Isko, a well-known denim manufacturer, have selected Datatex as their core ERP systems provider, implementing it in Sanko and Isko manufacturing facilities, including Isko’s Istanbul ...

Tags: Core ERP System, Textile

Awassa Textile to Undertake an Expansion Project Under Which It Will Double Its Production

May 5, 2015

Ethiopia based Awassa Textile will undertake an expansion project under which it will double its production through an investment of Birr 168 million. According to a leading Ethiopian daily, to undertake the expansion, Awassa Textile ...

Tags: Awassa Textile, textiles

CCI Approved The Reliance Industries to Sell 49% Stake to Chinese Company Shandong Ruyi

Mar 12, 2015

Indian fair trade watchdog, Competition Commission of India (CCI) has approved the proposal of Reliance Industries to sell 49 per cent stake in a newly-formed textile firm to Chinese company, Shandong Ruyi. “The Commission is of the ...

Tags: Reliance Industries, Shandong Ruyi

Etur Textile Export Its Products to Markets in Europe and US

Jan 22, 2015

Etur Textile, one of the largest textile factories operating in Ethiopia, located in Addis Ababa, is set to export its products to markets in Europe and US, according to Ethiopian media reports. According to Adil Basoglu, board member and ...

Tags: textile industry, Textile

Quaid-E-Azam Apparel Park Project Lead to Strengthening of The National Economy

Jan 16, 2015

The Quaid-e-Azam Apparel Park, the most modern project in South Asia, proposed to come up on 1,500 acres near Motorway-2 that connects Lahore with Islamabad, has been handed over for its management and development work to the Punjab ...

Tags: job opportunities, exports, Apparel

India Evinced Interest in Reviving and Expanding Operations of Rift Valley Textile Company

Aug 20, 2014

India has evinced interest in reviving and expanding operations of Rift Valley Textile Company Ltd (Rivatex) located in Eldoret town of Uasin Gishu County in Kenya. If the Indian Government okays the proposal, the Export-Import Bank of ...

Tags: India, Rift Valley Textile Company, Textile

Major Textile Firm Picks Readsoft's Sap-Certified Solution

Jul 7, 2014

ReadSoft UK has signed an initial deal, worth 330,000 EUR, with a leading global textile manufacturer. The customer selected ReadSoft's SAP-certified financial process automation solution to streamline its accounts payable operations and ...

Tags: Textile

Government of Bangladesh Are Making Efforts to Rectify The Challenges Faced by The Sector

May 30, 2014

Although recent industrial accidents coupled with other issues have raced challenges for the Bangladesh textile industry, which is the second largest exporter of readymade garments (RMG), the Government of Bangladesh and the textile ...

Tags: Textile Sector, Bangladesh government

Staff at Christchurch Yarns Was Told That Their Firm Has Been Placed in to Receivership

Apr 14, 2014

News that the high New Zealand dollar has claimed another textile firm has come as a huge shock to those affected, FIRST Union said. Staff at Christchurch Yarns was told yesterday that their firm has been placed in to receivership. 85 ...

Tags: Textile

Ruyi Group Will Invest US$ 2 Billion in The Quaid-E-Azam Apparel Park

Apr 9, 2014

Chinese textile firm Shandong Ruyi Group has signed a memorandum of understanding (MoU) with the Government of Pakistan’s Punjab, under which the firm will be investing US$ 2 billion in the Quaid-e-Azam Apparel Park that is being ...

Tags: Pakistan's Apparel, Ruyi Group, textile firm

Latvian SEZ Firm Has Acquired 100 Percent Shares of Elastic Textile Europe

Feb 11, 2014

Latvia based fabric manufacturer Lauma Fabrics, operating in the Liepaja special economic zone (SEZ) of the country, has acquired 100 percent shares of the German textile firm Elastic Textile Europe GmbH, one of Europe’s leading ...

Tags: Lauma Fabrics

Cheslind Textiles Reported Sharp Decline of 61.11 Per Cent in Its Net Profit

Feb 7, 2014

Given the prolonged economic uncertainty, coupled with increase in raw material cost, India-based textile firm Cheslind Textiles saw business taking a hit in the third quarter of current financial year ended December 31, 2013. Engaged ...

Tags: Raw Material, textile

OAO Mogotex Has Invested More Than US$ 30mn Over The Past Five Years for modernization

Dec 17, 2013

OAO Mogotex, a major manufacturer of textiles and apparel in Belarus and the CIS countries, has invested more than US$ 30 million over the past five years for modernization and upgradation of its production units, Mogotex director general ...

Tags: textiles, apparel, OAO Mogotex

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