Explore ideas, evidence and developments across the textile value chain.
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Machine clothing and engineered composites firm, Albany reported Q3 2013 income from continuing operations of $4.7m. Q3 2012 income from continuing operations was $9.1m.
News4 Nov 2013Floor coverings tradeshow, Domotex will feature a new Innovations@Domotex exhibit. It showcases textile and resilient floor coverings for the residential and contract furnishing sectors, carpets, rugs, laminate flooring, laying, care and application solutions.
Oerlikon has appointed Dr Brice Koch as group CEO. Dr Koch, who will assume the role during the first quarter of 2014, comes to Oerlikon following a successful career at ABB, where he has been a member of the group executive committee since 2010.
Global yarn production increased in Q2/2013 compared with Q1 as a result of higher output in Asia, North and South America, while production remained practically unchanged in Europe.
News29 Oct 2013Italian-made textile machinery orders for the third quarter of 2013 fell by 7% compared with the previous quarter. ACIMIT president, Raffaella Carabelli said: ”The slowdown in the Chinese market is taking its toll abroad, whereas in Italy a general lack of confidence is hurting a recovery in investments.”
News24 Oct 2013Italian textile machinery association ACIMIT saw 70 Chinese textile manufacturers and around 100 local operators attend its technology symposium on technical textiles and nonwovens, co-organised with the Italian Trade Agency, ICE and held held in Guangzhou, China this month.
Profile22 Oct 2013Newly appointed head of business unit, Schoeller Works discusses the future direction of Schoeller's workwear division touching on the growing importance of fashion, sustainability and comfort, as well as functional fabric characteristics
Two actions aimed at improving the lives of garment workers in Bangladesh, a 67% increase in the minimum wage and news that 30 expert panels led by the Bangladesh University of Engineering and Technology a promise to begin factory inspections at the end of this month are reported today in the Bangladesh press.
China-based knitwear and batteries manufacturer Shanshan Corporation has released its report for the first half of 2013. Income for the period was 1,767m yuan ($288.3m), a year-on-year growth of 12.88%. Net profit was 92,596,600 yuan, ($15.1m), a year on year growth of 2.59%.
The rapid growth of China’s middle class is increasingly being reported in the media, and while the Chinese may not be accustomed to spending like their cousins in Europe or the US, they are gradually adopting the habit with both its domestic industry and overseas competitors lining up to satisfy their needs.
News16 Oct 2013Indonesia is becoming a key export destination for Italian textile machinery manufacturers, with Italian textile machinery association, ACIMIT holding two events in the Solo and Bandung industrial areas of the country next month.
News15 Oct 2013Karl Mayer presented its latest machine innovations to 200 guests in Obertshausen, Germany recently at an open house event. Visitors mainly came from Europe but also from countries such as Egypt, India, Thailand and Taiwan. Clients from Italy, in particular, showed a lively interest in the event, according to Karl Mayer.
