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Exporters of textile products in Pakistan want the government to reduce the tariff of electricity and gas for them to bring down the cost of business. The demand was conveyed during a recent meeting of the Federal Textile Board chaired by commerce and textile minister Muhammad Pervaiz Malik and Haji Akram Ansari, junior minister for the same portfolios.
The meeting was attended by representatives from the All Pakistan Textile Mills Association (APTMA), the Pakistan Readymade Garment Manufact
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H&M has partnered with Keep America Beautiful, a community improvement non-profit organisation, for the Garment Collecting initiative in the US. Launched by H&M in 2013, this initiative provides fashion and quality in a sustainable way at the best price. The ambition is to work towards a change in the way fashion is made and enjoyed today.
Through its new partnership with Keep America Beautiful, H&M is urging customers to participate in America Recycles Day by donating unwanted te
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Recycled plastic bottles have been utilised to make New Era Cap – the official on-field hat of the National Football League (NFL) – thanks to the use of Repreve fibre. Starting on November 12, fans will be able to purchase the new, eco-friendly New Era caps at the Broncos Team Store at Sports Authority Field at Mile High during Broncos games.
The Repreve -based caps will come in multiple styles, including the 9FIFTY and 9TWENTY. Retailing for $34.99 for the 9FIFTY and $24.99 for the 9TWENTY
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A seminar on the prospect of Vietnamese garment exports in 2018 held in Ho Chi Minh City on November 3 where participants at the seminar proposed measures such as fully exploiting the domestic market of more than 90 million people, and maintaining and developing key markets such as the US, EU, Japan, and the Republic of Korea, as well as other markets like ASEAN, Eurasian Economic Union, India, and Latin America.
Also other proper policies should be devised to attract foreign investment in fi
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The government of Egypt has invited three Brazlian enterprises from textile industry. Textiles maker Fiama, yarn maker Círculo and elastic band manufacturer Damenny to see Egyptian-made raw materials, action backed on the Brazilian side by the Arab Brazilian Chamber of Commerce and the Consulate of Egypt in São Paulo.
The event will take place during Destination Africa, a textile industry show slated for November 11 and 12 at the Nile Ritz Carlton Hotel in Cairo, the capital of Egypt. The exp
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Synthetic textile manufactures are witnessing raw materials getting costilier by two to five percent over the past month due to a sharp increase in crude oil prices. IT is expected a further increase in prices of raw materials in the short term. Due to an increase in crude oil prices, polyester staple fibre prices have risen by 10 percent over the past two months to Rs 82 a kg.
Purified terephthalic acid (PTA) is a crude oil derivative and an input for polyester fibre increased by 4.5 percent
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Cotton is a significant export product of Turkmenistan and is a demanded raw material for dozens of modern companies of the country's dynamically developing textile industry.
Turkmen President Gurbanguly Berdimuhamedov hence stressed the need for a systematic approach to executing tasks to ensure effectiveness of cotton harvest speaking during at a video conference on state of affairs regarding cotton harvest in Turkmenistan.
At the video conference, information was provided to the Turkmen
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Lenzing Modal branded fibers are an important part in Lenzing’s fiber portfolio. The fibers specialists stand out with 50 years of experience in the production and marketing of the fibers. By adapting the Modal production process, Lenzing is further underscoring its work towards technological leadership.
Specialization is a key element of Lenzing’s strategy. The share of specialty fibers at Lenzing should be increased to 50% of turnover by the year 2020. Lenzing Modal fibers and the MicroModa
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China's economic growth will reach 6.8 percent year-on-year in 2017, thanks to the strong economic momentum witnessed in the first six months of the year, rebound in exports and a favorable external environment, a new report said.
The report, published by the Investment Strategy Group, a research unit of Goldman Sachs, said the country's gross domestic product is on track to clock the first uptick since 2010 in 2017.
"This would be the first, albeit modest, acceleration in annual growth si
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China-US economic ties once again came under the global spotlight ahead of an upcoming meeting between leaders of the two countries in Beijing.
US President Donald Trump will pay a state visit to China from Wednesday to Friday, the first head of state to visit the country since the 19th National Congress of the Communist Party of China. His meeting with Chinese President Xi Jinping is expected to promote bilateral exchange between the world's two largest economies.
Despite disputes and f