Explore ideas, evidence and developments across the textile value chain.
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Shanghai Shenda Co, Ltd and International Automotive Components Group have officially closed a joint venture transaction, forming Auria Solutions, Ltd – a new global supplier of soft trim and acoustical products for the automotive industry.
Insight26 Sept 2017Baldwin Technology has acquired the assets of PC Industries in a transaction that closed on 13 September this year.
ITMA, the world’s largest textile and garment machinery exhibition, will highlight smart garment technologies and automation at its next global event in 2019.
Prices25 Sept 2017August figures provided by the USDA show that Brazil’s expected cotton exports for the 2017/18 market year increased 3.2%, relative to expectations made in July. This allowed expected trade surplus to expand 3.3% to 3.1 million 480lb bales. In the US, August figures show that a boost in productivity has resulted in the total supply of cotton increasing 11.3% year-on-year. A higher stock-use ratio is expected to place downward pressure on domestic price levels. The futures price spiked briefly in September, as a result of the hurricane in Texas and following concerns of disruption in cotton supply. In India, provisional figures provided by the Office of Textile Commissioner show that accumulated fibre production dropped 3.9% year-on-year in 2017 up to June, with the bulk of the drop in output resulting from a drop in polyester staple fibre production. Filament yarn production, on the other hand, increased 4.3% year-on-year in 2017 up to June. Due mostly to an increase in polyester filament yarn production.
