Explore ideas, evidence and developments across the textile value chain.
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News4 Oct 2013Yesim Tekstil, the Turkish knitted fabric producer, has become the ninth company to participate in an ‘online monitoring of wastewater’ initiative started by the Bursa Metropolitan Municipality.
News4 Oct 2013Technical textiles, composites and nonwovens are set for growth in the order of 5-6%/annum over the next decade while ‘traditional textiles’ including fabrics destined for home textiles and garments are expected to grow at a more modest 2%.
New York cotton futures have continued to edge towards the upper limit of their long-standing range during the past week. In explaining the recent strength in the futures market, one might point to low US certificated stocks and delays to the US crop, which should mean very little cotton will be available either to be placed against the board (in other words certified for delivery against a New York futures contract) or shipped against export contracts during November.
News4 Oct 2013As part of its ongoing efforts to optimise its adipic acid production line, Solvay Polyamide & Intermediates is installing a new process at its industrial plant in Chalampé, France, aimed at reducing the plant's energy consumption by 8MW and CO2 emissions by 11,000 tonnes annually.
News4 Oct 2013Only last week a new assessment revealed that human influence on climate change has become clear. At the recent 72nd Plenary Meeting of the International Cotton Advisory Committee (ICAC) it has also been suggested that “genetic improvement and modification” of agricultural tasks needs to be pursued to combat the effects of global warming.
News3 Oct 2013Starlinger Recycling Technology has upgraded the degassing module (C-VAC) module for its recycling lines to enhance process engineering, particularly in the area of filtration, degassing and compounding. The company will be showcasing its RecoStar Universal Recycling Line with C-VAC module at the rubber and plastics show K in Düsseldorf, Germany, later this month.
Encouragement has been gleaned from the firmness of the market during a week in which fresh export sales were lacking due to holiday influences. The consensus view of the market outlook among traders is fairly positive, owing to the belief that stocks of wool in China are low and that further replenishment of inventories will be required before the year-end.
Despite holidays in China, and some reports suggesting that resistance to higher prices is mounting among buyers in China and Europe, auction prices gained further ground this week. A weaker rand may have contributed to the upturn.
Indian textile exports have failed to touch $50bn, targeted by the government for the end of the 11th Plan period. This has been mainly due to prolonged recession in the major importing blocks of the USA and EU, but also due to increasing competition from Bangladesh, Vietnam and Sri Lanka, which opted for the export of ‘value adding’ garments.
