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Sinopec Yizheng Chemical Fibre Co Ltd, one of China's leading manufacturers of polyester, has said that it expects company losses to widen for its 2013 accounts as subdued global demand for polyester products pushed prices down sharply.
News23 Jan 2014Intertek, a leading provider of quality and safety services to a wide range of industries around the world, is to open a new apparel and textiles testing laboratory in Bataramulla to support the growing textile and garment industry in Sri Lanka.
News22 Jan 2014As part of a collaborative R&D project, Huntsman Textile Effects and TJ Beall Company have developed an innovative unbleached cotton diaper component – which has a lower environmental impact compared to similar products on the market.
News22 Jan 2014INEOS Technologies has licensed its Innovene polypropylene (PP) process for the manufacture of homopolymers, random copolymers and impact copolymers to Vung Ro Petroleum Limited at its refinery complex located in Hoa Tam Commune, Dong Hoa District of Phu Yen Province, Vietnam.
News22 Jan 2014Unifi, a multi-national manufacturing company that produces and sells textured and other processed yarns, has revealed that it recorded a net sale decrease of $11.5 million, or 6.7%, to $160.6 million for the second quarter of the current financial year, compared to net sales of $172.1 million for the prior year quarter.
US-based nonwoven and knitted interlinings manufacturer Precision Custom Coatings LLC (PCC) has purchased, for approximately $19 million, the industrial property in Totowa, New Jersey, where it has been leasing its corporate headquarters and production facility.
Gehring Tricot Corporation, a designer and manufacturer of warp knitted and stretch woven fabrics, is to use up to $200,000 of an Empire State Development (ESD) approved grant to purchase new machinery and equipment, and to renovate and expand its facilities.
News21 Jan 2014A memorandum of understanding, designed to expand trade and investment linkages between the US and sub-Saharan Africa in the cotton textile and apparel sectors, has been signed by The United States Agency for International Development (USAID), the American Apparel & Footwear Association (AAFA), and the African Cotton & Textile Industries Federation (ACTIF).