Explore ideas, evidence and developments across the textile value chain.
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China-based knitwear and batteries manufacturer Shanshan Corporation has released its report for the first half of 2013. Income for the period was 1,767m yuan ($288.3m), a year-on-year growth of 12.88%. Net profit was 92,596,600 yuan, ($15.1m), a year on year growth of 2.59%.
News18 Oct 2013Nantong Teijin, the polyester textile manufacturing and processing arm of the Teijin Group, will present fabric for casual lightweight down jackets, kitted sportswear and uniforms at Intertextile Shanghai Apparel Fabrics next week (October 21-24).
News17 Oct 2013Upgrades to Lock’s Needlechek metal detectors mean that manufacturers of garments and household textiles can obtain industry-compliant performance at shorter lead times, enabling them to respond more quickly to new retailer contracts and increased demand.
News17 Oct 2013Thursday’s North Island sale of 6,600 bales continues the upward trend in the market. We continue to see good clearances with the sale seeing a 98% sold rate. Fine Crossbred Fleece and Early Shorn gained 1.5% with 33.5 to 36 micron, 4/5inch realising 2.5% above the last South Island sale.
News17 Oct 2013After a sharp upturn in prices last week, the market consolidated over the two-day sale with prices easing across the board, particularly on Wednesday, due in part to currency movements. The Australian Wool Exchange’s (AWEX) Eastern Market Indicator (EMI) fell by 1.3% to 1,113 Australian cents per kilo, clean. In US dollar terms, the EMI was 0.2% higher at 1,062 US cents per lb.
The rapid growth of China’s middle class is increasingly being reported in the media, and while the Chinese may not be accustomed to spending like their cousins in Europe or the US, they are gradually adopting the habit with both its domestic industry and overseas competitors lining up to satisfy their needs.
Insight17 Oct 2013In a recent PwC report on the potential impact of shale gas on US manufacturing, it said that the price of US natural gas has declined from $12.50/MBTU (one million British Thermal Units per hour) in 2008 to approximately $3.00/MBTU in 2012, and prices are expected to decline further.
News17 Oct 2013X-Rite Pantone has developed its next generation of handheld sphere spectrophotometers to help companies with their colour quality, formulation and monitoring programmes by improving colour consistency, reducing production costs of complex materials and tracing measurements across multiple locations.
News17 Oct 2013Singtex Industrial, a leading textile company in Taiwan, has launched the SPIIN platform in Shanghai, China, to encourage partners to explore the creativity and business opportunities of utilising the coffee yarn, S.Café, into textile manufacturing.
News16 Oct 2013The European Chemicals Agency (ECHA) has called for industry to supply information to identify uses of Decabromodiphenylether (DecaBDE) where substitution may be challenging or where companies may need additional time to carry out the change.
