Explore ideas, evidence and developments across the textile value chain.
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News21 Nov 2013After overseeing the completion of a $170 million conversion project at Sappi Fine Paper North America’s Cloquet Mill in Minnesota to produce specialised cellulose, which is used in the textile and consumer goods markets, Mike Schultz will become the managing director of the entire Cloquet Mill.
Pegas Nonwovens has reported sales first nine months of this year increase by 4.2% to €146m, compared with the same period last year. For the third quarter alone, sales were €47.9m, a 0.1% increase on the third quarter sales in 2012.
Optimism is still in the air surrounding the Transatlantic Trade and Investment Partnership (TTIP) between the USA and the EU, however, there are still a number of major issues that need to be ironed out before the Free Trade Agreement (FTA) could become law.
News21 Nov 2013Researchers at Massachusetts Institute of Technology (MIT) have discovered a new way to reduce the contact time between water droplets and material surfaces by at least 40% - which could lead to advancements in water-repellent applications in clothing.
News20 Nov 2013A weak price sentiment has continued to predominate on India’s yarn markets during the past week, owing to a prolonged period of fairly lacklustre trading. The slower pace of demand from China has again been mentioned as a major factor depressing prices. However, domestic weavers and knitters have also continued to cover their raw material requirements on a hand-to-mouth basis, influenced not only by a steady to quiet fabric business climate, but also expectations of lower prices emerging during the first quarter. Participants in the cotton supply chain in particular have delayed purchases in view of forecasts of a record domestic crop, which should hit the market in volume from December onwards.
Bangladesh’s Prime Minister, Sheikh Hasina, last week instructed garment factory owners to accept and implement, as of December 1, the new minimum wage of 5,300 taka per month (US$68) proposed earlier this month by the country’s Minimum Wage Board panel.
Insight20 Nov 2013In a policy announcement dated November 6, the Chinese Ministry of Commerce (MOFCOM) confirmed the imposition of provisional anti-dumping duties on dissolving wood pulp (DWP) from the US, Canada and Brazil (the three largest exporters to China). Investigations to prove injury to the domestic wood pulping industry from imports at prices below the cost of local production were launched in February this year. The provisional duties will remain in place until a final determination is made by MOFCOM – a decision is due in February 2014, but industry sources suggest that an announcement may not be forthcoming until much later in the year (perhaps August).
News20 Nov 2013The Pakistan Cotton Ginners’ Association (PCGA) reports that the volume of seed cotton delivered to gins by the middle of the month amounted to 9,518,130 lint equivalent bales (170 kilos), some 11.7% above the year-earlier level. Last season’s crop is placed at around 11,900,000 bales. The official production forecast for this season is 11,950,000 bales, though private sources have maintained estimates at closer to 12,500,000 bales.
