Explore ideas, evidence and developments across the textile value chain.
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In the last three years, the Indian Government has strived hard to support the stagnating textile industry to enable it to emerge as an $80bn to $100bn dollar sector with exports of $50bn.
News13 Jan 2014Students from Central Saint Martins London have won a competition for Italian fashion house Gucci using UK Alpaca yarns.
Feminine florals and hand drawn designs for silk scarves and cushions.
Suominen and Ahlstrom have entered into an agreement concerning the sale of the entire stock of the Brazilian Ahlstrom Fabricação de Não-Tecidos Ltd to Suominen. Formerly, the unit was part of Ahlstrom’s Home and Personal business area. The enterprise value of the transaction is €17.5m and Suominen aims to finance the deal through a convertible hybrid bond, which will be treated as equity.
TenCate Advanced Composites has signed a cooperative marketing and development agreement with Leadgo Advanced Materials in Shanghai, China. The purpose of this agreement is to further support the advanced composites market for the growing Chinese aerospace industry.
News9 Jan 2014Viscose staple fibre prices in Turkey have remained very soft during the past couple of weeks, reflecting a slow demand. Spinners themselves have struggled to secure new orders and are understood to be yarn prices and reducing the volumes of viscose they are processing.
Wool demand from China is expected to remain somewhat cautious during the next couple of weeks, with buyers apparently targeting lower prices. In addition, the offering at the next sale in Australia is scheduled to exceed 60,000 bales. Auction values could face some fairly strong headwinds as a result.
News9 Jan 2014Quotations for viscose staple fibre in eastern China rebounded on January 8, rising by 200 yuan per tonne, to 12,400 yuan per tonne, reversing a downward trend in place since November 11, 2013. Prices continued to climb today, increasing by a further 100 yuan per tonne.
News9 Jan 2014Firmer prices were obtained at last week’s auction, helped by the cancellation of the South Island sale. Moreover, limited volumes are expected to be available at the next sale. Wool Services International’s Coarse Crossbred Indicator increased by 1.2% to 498 NZ cents per kilo, clean. A more detailed review of price movements is shown in the accompanying table. Of the 12,500 bales of North Island wool on offer, 93% were sold. At the same sale a year earlier, the offering totalled 21,745 bales. The cumulative volume made available at auction this season is now 23.5% down from the comparable level in 2012/13.
News9 Jan 2014Australian wool exporters have this week noted a steady to slightly softer demand from buyers. Some commented that enquiry for crossbreds and oddments was brisker than that for Merino fleece. Bids from China have again been pitched at low levels, particularly in face of weakness in the Australian/US dollar exchange rate, which today dipped below 89.00 cents = US$1.00. Buyers have targeted prices for Type 55 of around US$11.20/11.40 per kilo, clean, CIF (90 days Letter of Credit), levels which are at least 15 cents below replacement cost.
Technical9 Jan 2014A new method of producing textile reinforcements for composites is being developed by young researchers at the Institute of Textile Machinery and High Performance Material Technology at the Technical University of Dresden.