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Insight13 Nov 2014A resurgent New Zealand dollar and recent subdued trading conditions saw across-the-board price drops. The weighted indicator for the main trading currencies moved up 2.07% this week, having a negative effect on local values. Of the 5,919 bales of North Island wool on offer, 83% sold.
Insight13 Nov 2014The Australian wool market has come up this week, with the Australian Wool Exchange’s (AWEX) Eastern Market Indicator (EMI) coming up 8 cents to close at 1,050 cents per kilo clean on Thursday, November 13. In US dollar terms, the EMI climbed steadily day by day, totalling an increase of 20 US cents per kilo, with the EMI closing at 913 cents.
Lenzing’s sales fell by 62% to €1,357.7 million in the first three quarters of 2014, down from €1,447.0 million in the previous year. In the same period, the group’s earnings before interest, taxation, depreciation and amortisation (EBITDA) fell by 16% against 2013 figures, equalling €159.8 million.
Over 100 lectures on the current state of the man-made fibre industry were presented at the 53rd Dornbirn Conference, which took place in the Austrian town from September 10-12. During the three days of the conference, the 750 delegates from more than 30 countries received details of the many R&D initiatives taking place around the world, but an overriding theme was the uncertainty of the current economic and political climate for the European industry.
News12 Nov 2014Epson SureColor, direct-to-garment, printers have been chosen by print specialist YR Store, in collaboration with Japanese streetwear brand A BATHING APE®, to offer consumers the chance to design their own personalised t-shirts at a pop-up within Selfridges, Oxford Street, London.
Heimtextil is enlarging its offering of products and information on the topical theme of digital printing at its upcoming January edition (14-17, 2015) in Frankfurt, Germany. In addition to an extended ‘Digital Print’ product segment in Hall 4.0, the ‘European Digital Textile Conference by WTIN’ will be held for the second time during the show.
News12 Nov 2014Desso, a global carpets and sports pitches company has developed a new material stream for its carpet tiles based on a partnership with a group of drinking water companies in the Netherlands, in a bid to facilitate a circular economy.
