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News20 Mar 2014A large offering encountered a limited amount of buying interest at this week’s sale and prices fell. Volatility in the local currency’s standing against the US dollar is thought to have contributed to a slow pace of business. The sale was the largest of the season to date, totalling 22,605 bales (both North and South Island wool), of which 80% moved off.
Pegas Nonwovens achieved consolidated revenues of €199.2m in 2013, up by 6.1% year-on-year. In the fourth quarter of 2013, consolidated revenues reached €53.2m, up by 11.8% year-on-year. The growth in revenues was the result of increased sales levels relating to start of production on the new Egyptian production line, according to Pegas.
News19 Mar 2014Menges Roller, whose products include heat-transfer rollers used in textile applications, has won the AIMCAL (Association of International Metallizers, Coaters & Laminators) 2014 Technology of the Year Award in recognition of its use of computational fluid dynamics (CFD) to design better rollers.
News19 Mar 2014The latest wool auction was held in Bradford on March 18. Prices for mountain styles wools tended higher, while those for finer types generally softened. Overall, the market eased, with the British Fleece Wool Price Indicator dropping by around 1.0%, to 217 pence per kilo, clean. A total of 1,742,932 kilos were offered, of which 93% was sold.
News19 Mar 2014According to China’s National Bureau of Statistics, spun yarn production during January/February totalled 5.15 million tonnes, up 3.66% from the corresponding timeframe last year. Furthermore, the growth was also unimpressive when compared with what was recorded during much of 2013.
News19 Mar 2014Research and Markets has added the ‘Concise Analysis of the International and Chinese Carbon Fiber Industry’ report to their offering. Carbon fibre is the new-generation reinforced fibre, mainly used in the fields of aerospace, wind power, automotive, sports and leisure. In 2013, global industrial applications like wind power and automobiles showed the largest demand for carbon fibre accounting for 60%, followed by aerospace, where growth is steadily increasing, while growth of demand from sports and leisure was relatively slow, said Research and Markets.
News19 Mar 2014IndustriALL Global Union, Uni Global Union and the ITUC together with 30 major brands, including H&M, Inditex, Gap, Adidas and Nike, have signed a joint letter to the Deputy Prime Minister of Cambodia reiterating the need for an urgent resolution to the minimum wage and to respect the human rights of 21 wage protestors detained since demonstrations in January.
The China International Disposable Paper Expo (CIDPEX) is the largest exhibition for the disposable hygiene products and tissue paper industry in the world, according to organisers China National Household Paper Industry Association (CNHPIA).
News18 Mar 2014A softening in domestic cotton and cotton yarn prices has influenced an easing of local fabric prices during the past month. As we reported in January and February, the principle factor that had influenced fabric prices to edge higher was an upturn in input costs and with that factor diminishing, fabric values have again sagged. Polyester fibre and yarn values have declined by a still greater margin and some reports indicate that there has been a modest shift out of pure cotton yarn and fabric products, into blended constructions.
Suominen’s patented Hydraspun Dispersible substrate for wipes and moist toilet tissue has passed the third edition of the flushability assessment test protocol. The protocol was introduced last year under a joint industry initiative from nonwovens trade associations INDA and EDANA that allows products to claim flushability in wastewater systems.
