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Albany International Corp, a global advanced textiles and materials processing company with core businesses in machine clothing and engineered composites, saw an income of $10.6m in Q1 of 2014.
At this year’s Vietnam Textile & Garment Industry Expo, which bills itself as “the biggest and the most important event in the textile and garment industry of Vietnam”, only 60 of the 502 companies exhibiting were Vietnamese.
Quotations for cotton yarn in India grew this week by U.S. 3 cents as sentiment on the market improved. Along with the amelioration of demand, the trading volume also increased.
Oerlikon is celebrating its 50th year of partnership with the Chinese textile industry, having supplied China with man-made fibre spinning plants for half a century. More than 70% of man-made fibres are now manufactured in Asia making it a very important market for the company.
Klüber Lubrication is to exhibit its line of pioneering nonylphenol ethorxylates (NPE)-free needle oils and multi-purpose perfluorinated polyether (PFPE) lubricant at Techtextil North America. Representatives from Klüber Lubrication will be available at Stand 1913 to discuss the products and share expertise in this area.
Insight2 May 2014Since the beginning of April when the Chinese government announced a lower starting auction price, the pace of sales from China’s reserve increased and the Type 328 China Cotton Index (a daily index of prices for domestic cotton offered to mills in China) fell from this season’s nine-month average of 144 cents/lb to about 129 cents/lb by the end of April.
News1 May 2014On April 30, quotations for the key products of polyester filament yarn – FDY 50D/24F and FDY 50D/48F - displayed a weak appearance before the May Day holiday, declining by 50 yuan per tonne, to 11,350 and 11,450 yuan per tonne, respectively.
News1 May 2014Organized by the local business association, China’s main producers of viscose staple fibre raised their quotations of representative products - 1.5 den, 38mm - by 200 yuan per tonne, on April 30, to 12,200 yuan per tonne, a move aimed at sustaining the price and reducing the huge losses of the industry.
Solvay has obtained a European patent protecting the use of its emana smart fibre, from the European Patent Office (EPO). Emana is a far infrared (FIR) yarn, polyamide 6.6-based. When in contact with the skin it is said to interact with the body and improve blood micro-circulation.