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The US Environmental Protection Agency (EPA) has approved amendments to HeiQ’s registration of its HeiQ AGS-20 antimicrobial technology to assure continuity of current uses following last month's decision by the Ninth Circuit Court of Appeals.
News18 Dec 2013PHP Fibers, a supplier of high performance yarns in the automobile sector, has developed Enka TecTape a product designed for multiple uses in technical applications that require light weight, thin, but also high-tenacity textile structures with excellent built-in adhesion to rubber properties.
According to WTiN sources in Turkey, the crop this season (the international cotton season runs from August to July) will prove to be smaller than expected, with adverse weather in a couple of key growing areas taking a toll of yields. An outturn of 475,000 tonnes is anticipated.
In the context of the depressed yarn trading witnessed throughout much of Asia during the fourth quarter, the past couple of weeks has seen the emergence of a slightly more positive business climate, particularly on domestic markets - some import buying by China has re-emerged but on a limited scale.
News18 Dec 2013The principal change during the past week in import quotations for various types of man-made fibres has been a further softening in viscose staple fibre values. Chinese suppliers have concluded sales at as low as US$1.75 per kilo, CIF, a level not witnessed for a number of years. A limited volume from India and Indonesia has also moved off at around US$1.80 per kilo. Offers from Taiwan have been reduced to around US$1.78 per kilo.
News18 Dec 2013Yarn business has continued to display a brisker appearance, compared with the very sluggish trading witnessed in recent months. Although the better conditions have been most evident on the domestic market, some export offtake has also been noted. Spinners have welcomed the associated boost to their cash flow ahead of the year end. Nonetheless, yarn prices have generally not changed from a week earlier.
News18 Dec 2013Export yarn quotations have again been influenced primarily by exchange rate movements. The rupee had appreciated to around Rs. 61 = US$1.00 around a week ago, but has since dipped back to Rs. 62. FOB offers have declined accordingly from the higher prices witnessed last week. Carded 30s prices have touched lows of US$3.05 per kilo this week and some business took place at those levels (including some sales to China). However, few spinners are now willing to sell at those levels and most recently are quoting at closer to US$3.10.
Human Rights Watch, an independent organisation dedicated to defending and protecting human rights, has called on retailers to ensure that the ‘necessary’ compensation is paid to the victims of the Tazreen factory fire in Bangladesh, which occurred over a year ago.
Coats plc, industrial thread and consumer textile crafts business, has appointed Ruth Anderson as non-executive director from 2 January 2014. Ms Anderson is currently non-executive director and chair of the audit committee at Ocado Group plc and Travis Perkins plc.
News18 Dec 2013Rayonier, a leading forest products company with three core businesses: Forest Resources, Real Estate and Performance Fibres, has forecast that in 2014 sales volumes of its cellulose specialties will reach around 520,000 to 540,000 metric tons, an increase of 30,000 to 50,000 tons above 2013 figures.
News18 Dec 2013The pace of pure cotton and polyester/cotton blended yarn business has again proved modestly quicker during the past week, not just in the coarser counts, but through much of the range, as buyers replenish depleted raw material stocks ahead of the year end.
Profile17 Dec 2013Aamir Patel, who describes himself as a San Francisco-based aspiring entrepreneur, is using the crowd-funding site Kickstarter to finance the production of self-cleaning clothing with hydrophobic nanotechnology. His project has captured the imagination of the public, attracting 812 backers who pledged current investment of $53,337 or 266% of his $20,000 goal with 40 days to go.