The textile industry is one of the most strategic platforms through which South Africa can bolster trade of its local products, Jeff Radebe, minister for planning, monitoring and evaluation, has said. The textile manufacturing industry is an ideal model for sustainable entrepreneurship as it encourages productivity, hard work and self-reliance. The minister was addressing the launch of Ivili Loboya Textile in Rosebank, Johannesburg. Ivili Loboya, which is Africa’s first cashmere fabric manufa

The Lenzing Group, suppliers of high-quality, botanic cellulose fibre, ranging from dissolving pulp to standard and specialty cellulose fibres to the nonwovens industry, has announced that Lenzing Viscose and Lenzing Modal fibres, including all their product families, were awarded the Biobased Product Label by the US Department of Agriculture (USDA). The prestigious certification is further proof that all standard types of fibres produced by Lenzing are fully derived from the natural and rene

More than 1.6 million metric tons of BCF carpet yarn are produced worldwide using Oerlikon Neumag BCF plants. Between March 21 and 23, 2017, the experts of the Neumünster-based market leader will be exhibiting their comprehensive technology know-how and efficient solutions in Hall W3, Stand F03 at the Domotex Asia/ Chinafloor in Shanghai. Manufacturing PA6 BCF yarns more profitably One information focus will be on manufacturing PA6 BCF yarns. According to PCI Redbook, just under 90,000 me

Annual cotton spinning capacity in China’s Xinjiang Uygur Autonomous Region has increased by 150 per cent year-on-year in 2016 to 15 million spindles, according to data from the regional conference on economy and information technology. Total textile sector investment in the region reached nearly 65 billion yuan ($9.39 billion) last year. Xinjiang is a major cotton production base in northwest China and the region produces about 60 per cent of China’s raw cotton. In June 2015, the State Coun

Few large Chinese companies, including textile and garment manufacturing industries, have decided to invest in Ethiopia in the first half of the current Ethiopian budget year. The investment has come after the Ethiopian Investment Commission (EIC) started according priority to large, effective companies that can offer more and quick employment. Following the new strategy, Ethiopia has managed to attract investment from ten large Chinese companies, according to EIC commissioner Fitsum Arega.

Bangladesh's apparel exports to the US, its single largest destination, declined 1.96 percent year-on-year to $5.49 billion, due to the volatile US economy and the recent presidential election. Bangladesh exported $5.92 billion worth of goods to the US in 2016, down from $6 billion a year ago, according to data from the US Department of Commerce. Garment items account for 95 percent of the goods exported from Bangladesh to the US market. Moreover, businessmen and traders adopted the “wa

Textile Raw Material Price 2017-02-12 Item Price Unit Fluctuation Date Crude Oil WTI 53 USD/Barrel 1.26% 2017-02-12 Crude Oil Brent 920 USD/Barrel -0.22% 2017-02-12 PX 55.63 USD/Ton 0.93% 2017-02-12 PTA Buy 5605 RMB/Ton -0.18% 2017-02-12 PTA Sell 685 USD/Ton 0% 2017-02-12 MEG Buy 7910 RMB/Ton -0.75% 2017-02-12 MEG Sell 935 USD/Ton -0.32% 2017-02-12 CPL Buy

In view of Brexit, the change in the US presidency, the US withdrawal from TPP and other events, the global textile and garment industry has had its fair share of politics influencing day-to-day operations lately. This is why Kingpins, the international boutique denim sourcing show, broadcast an expert panel discussion titled "Live: Kingpins Goes to DC: Trump, Trade and the Future of the Global Textile Industry" to explore the intersection between government and the textile and fashion industrie

Move would help to strengthen economic ties throughout the Asia-Pacific region China should join the Trans-Pacific Partnership as soon as possible to build closer business ties with countries in the Asia-Pacific region and further cut the possibility of trade friction, according to a report by a leading think tank. The report, released on Thursday by the Beijing-based Center for China and Globalization, said that China should not be absent from the TPP after US President Donald Trump decid

Cotton is produced in around 80 countries worldwide on an average of 33 million hectares, or 2.5 % of the world’s arable land. Cotton is one of the most important crops in the world, alongside cereals and soya beans. More than 250 million people around the world live from cotton farming. Agriculture always leaves behind traces in the environment but many years ago, the cotton industry already started to keep these traces as minimal as possible. With success. So, does cotton consume a lot of w