Trillions Enterprise, an investor from Brunei, which has a dyeing and weaving factory in Tan Duc IZ in Long An province, has asked for five more hectares of land in the IZ to scale up its production. Long Thai Tu Yarn, a South Korean enterprise, has decided to invest $50 million more to expand the workshop in Long Khanh IZ in Dong Nai province. In Binh Duong province, Taiwanese Far Eastern has registered additional investment capital of $485.8 million, raising its total investment in Bau B

The net sales of Unifi, one of the world's leading innovators in synthetic and recycled yarns, went up to $164.2 million for the first quarter of 2018, compared to net sales of $160.0 million for the first quarter of 2017. Revenue growth was driven by an overall increase in sales volume, as the company continued to benefit from strength in Brazil and Asia. The company's gross profit as a percentage of sales was 14.2 per cent for the first quarter of fiscal 2018, compared to 14.7 per cent for

The orders index for Italian textile machinery rose by six per cent in the third quarter of 2017, compared to the same period in 2016, according to the data from the Association of Italian Textile Machinery Manufacturers (ACIMIT). Continuing the positive trend witnessed in the previous quarter, the orders index increased to 107.3 points (2010 basis = 100). The orders index for foreign markets, which account for more than 85 per cent of total Italian textile machinery sales, increased by six p

Export earnings from the garments sector in Myanmar are likely to exceed $3 billion this fiscal with the European Union topping the list for garment export orders, followed by Japan, South Korea and other countries, according to statistics compiled by the Myanmar Garment Entrepreneurs Association (MGEA). Garments constitute 16 per cent of its total exports. Myanmar’s garment units operate on the cutting-making and packaging (CMP) system and are striving to transform into the free on board (F

The global production trends report released this month, the International Cotton Advisory Committee projected world cotton production to increase by 10%, reaching an estimated 25.4 million tonnes during the 2017/18 cropping season. Production is projected to increase in all other major producing countries including India, China, Pakistan, Brazil, Francophone Africa and Turkey. It forecasts the largest output growth margins to be driven by the USA. Global land area put under cotton is also fo

The three-day 3rd International Digital Printing and Signage Technology Exhibition began on Friday at the Lahore Expo Centre where around 150 local and foreign companies participated in the fair. At the opening, Lahore Chamber of Commerce and Industry (LCCI) President Malik Javed Tahir said that the Digital Printing and Signage Technology Exhibition brings modern machinery and equipment, which will spark revolution in the textile and printing industry in coming years, leading to job creation

Cotton is the main raw material for the textile industry of Turkmenistan. Moreover, it is an important export product. The country’s State News Agency reported that Turkmen farmers have fulfilled contractual obligations by having harvested over 1.05 million tons of raw cotton. Turkmen President Gurbanguly Berdimuhamedov congratulated farmers and cotton growers, machine operators and other workers of the agro-industrial complex on this occasion. The Turkmen farmers are provided with fertili

At the newly inaugurated Kakatiya textile park in Warangal, among others textile players, Welspun group and Gujarat based Nandan Denim of Chiripal group have proposed to invest about Rs1,450 crore. Welspun and Nandan Denim will be investing Rs 750 crore and Rs 700 crore, respectively. While the Korean company Youngone Corporation has proposed to invest about Rs 1,000 crore, The state government has signed memorandum of understanding (MoUs) with 13 companies, which are going to invest in th

Ahlstrom-Munksjö, a leader in fibre-based materials, has announced the launch of Ahlstrom-Munksjö PureArmor, a breathable impervious fabric for blood borne pathogen and cleanroom apparel protection. “PureArmor eliminates the need to choose between comfort and protection. It offers the highest possible level of protection for sensitive environments without sacrificing the wearer's comfort, which is unique when compared to fabrics frequently used in cleanroom apparel,” said Lionel Bonte, Vice P

Garment production at the Hoa Tho Textile and Garment JSC’s actory in South Dong Ha Industrial Park, Quang Tri Province. It will also blunt the industry’s competitive edge further, they add. According to a 2016 report from the Ministry of Industry and Trade (MoIT), by the end of last year, 99 per cent of cotton used in the textile industry, reaching 1.03 million tonnes worth about US$1.7 billion, was imported, a year-on-year increase of two per cent in quantity and 2.5 per cent in value.