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  • Beaulieu Yarns, a supplier of high-quality synthetic polyamide and polypropylene yarns headquartered in Belgium, has bagged the Green Product Award 2018 in the material category for its EqoBalance family of biomass-balance yarns. EqoBalance, the first biomass-balance polyamide yarns for carpets, was chosen from a field of 400 submissions from 25 countries. Around 100 nominees were presented to an international jury which evaluated these entries for their expertise in design, innovation, an
  • Stoll, a leading manufacturer of flat knitting machines based in Reutlingen, Germany, has completed 40 successful years working in the African market. For more than four decades, Africa has always played a significant role for Stoll. Especially in South Africa and Kenya, Stoll machines, built in the 50s / 60s of the last century, are still running fine. For many years, Stoll has successfully served markets such as South Africa, Mauritius, Madagascar, and the North African states (including
  • The earlier date for the industry’s largest trade event, Intertextile Shanghai Apparel Fabrics Autumn edition, is attracting many of the biggest apparel fabrics and accessories. The famous apparel trade show, which will be held from September 27 to 29, 2018, will see around 4000-plus suppliers and more than 70,000 trade buyers from all over the world. Signed up to return with their group pavilions, which will feature these brands’ partner mills, are Birla, DuPont, Hyosung, Invista and Lenz
  • IGF Expo, beginning November 13, will provide opportunities for global home decor brands and trend setting start-ups to enter the Nigerian market, build strong relationships and take high value bulk orders. The 3-day fair will also host seminars for retailers, interior designers and buyers to increase revenue, upskill their teams and promote their brand. "The event is a must-attend whether you’re on the look-out for design-led or mid-low price point interiors, furniture, textiles, coverings,
  • The net revenue of GHCL, India’s leading chemical and textile company, in the first quarter of fiscal 2019 is has increased marginally by 1 per cent to 757 crore as compared to 48 crore in the corresponding quarter ended June 30, 2017. EBIDTA for the reported period is posted at 152 crore compared to 167 crore in the corresponding quarter previous year. While, its home textiles business revenue declined by 15 per cent to 265 crore in FY19 as compared to 311 crore in the corresponding quarter
  • The Government of India’s decision to increase basic customs duty (import duty) to 20 per cent on 76 textile and apparel items at 6-digit level, is a significant move and will strengthen the domestic textile industry, The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) has said. The duty has come into effect from July 16, 2018. One of the main MMF fabrics tariff line included in the list of 76 items is other woven fabrics dyed containing 85 per cent or more by weight of textu
  • Vietnamese textile products made up 34.05 per cent of the South Korean market in terms of value in the first three months of 2018, an annual increase of 2.33 per cent, according to statistics from the Korea International Trade Association. These figures helped Vietnam turn the top textile importing country in South Korea (RoK), surpassing China (PRC). In 2017, South Korean firms invested in 44 textile projects in Vietnam, with a combined registered capital of $178.16 million, according to
  • The Government of India’s decision to increase import duty on 76 textile and apparel items at 6-digit level, has been welcomed by the Confederation of Indian Textile Industry (CITI). The move would provide a major relief to the garment and carpet manufacturers who were under immense pressure post the launch of goods and services tax (GST). The import duty has been raised from the earlier 10 per cent to 20 per cent to protect the domestic manufacturers from rising imports. The list of products
  • Eight fashion companies who had committed to cut hazardous chemicals from clothing production by 2020 have achieved significant progress, according to a new Greenpeace Germany report - Destination Zero: seven years of Detoxing the clothing industry. The report comes seven years after Greenpeace launched its Detox campaign to stop polluting rivers and oceans. The campaign had secured industry pledges to stop polluting rivers and oceans. The report maps for the first time the major steps tak
  • India’s Punjab government recently signed memoranda of understanding (MoUs) worth 455.34 crore with nine prominent industries associated with technical textile, composite hosiery, fabric knitting, fabrics, spinning and readymade garments at the Punjab Apparel and Textile Conclave in Ludhiana, according to state minister for industries Sunder Sham Arora. A single window system has been set up at the deputy commissioner's offices, where approval for investment of up to ₹10 crore will b
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