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News27 Oct 2014Chomarat inaugurates new US advanced composites facility
Chomarat has opened a new 58,500-sq-foot factory in South Carolina, US, set to specialise in developing the company’s advanced composite business.
Executive Market Report – 27th October 2014
A detailed review of movements in fibre, yarn and fabric prices from the previous week, along with changes in production costs.
Rana Plaza victims too ‘damaged’ to get work
Eighteen months following the Rana Plaza garment factory collapse in Bangladesh, the Clean Clothes Campaign (CCC) has established that a large number of survivors are still unable to find work.
CSR ‘here to stay’
CSR (corporate social responsibility) is here to stay and must be integrated into financial results rather than seen as a softer benefit. That is the view of Adrian Elliott, Coats plc. Speaking at the Association of Suppliers to the British Clothing Industry conference, Mr Elliott said multiple CSR approaches that protect brands and deliver economic benefits were needed.
Fibertex Nonwovens acquires US company Non Woven Solutions
Fibertex Nonwovens has acquired Non Woven Solutions, a US manufacturer of needlepunch fabrics.
News27 Oct 2014Heinz Kmonicek steps down as general manager of the Austrian Man-Made Fibers Institute
Mr Heinz Kmonicek, general manager of the Austrian Man-Made Fibers Institute is stepping down and handing the position over to Mr Friedrich Weninger, president of the institute, effective on January 1, 2015.
News27 Oct 2014Genix first to install MTEX 5032Pro printer in UK
London-based Genix has invested in the first MTEX 5032Pro direct-to-textile digital printer to be installed in the UK. This machine is deemed the only fabric printer with a 3.2m capability inside the M25 corridor.
Bangladesh GarTex exhibition set for next June
The Bangladesh University of Textiles (BUTex) and LIMRA Trade Fairs & Exhibitions Pvt Ltd are organising GarTex, a three-day international exhibition of the garment and textile machinery sector.
Wool Market Report - 27th October 2014
A comprehensive weekly round-up and analysis of price developments at the major wool auctions around the world.
Insight27 Oct 2014SA wool market weakens
The wool market continued its lacklustre performance this week with the Cape Wools Merino indicator shedding 0.8% to close at R112.00 per kilo clean. This is 0.3% higher compared to the opening sale of this season and 1.1% down compared to the corresponding sale of the previous season.
UK wool market soars
On Tuesday, October 21, a strong sale from the outset saw wool prices advance at the Bradford auction. Of the 1.74 million kilos on offer, an overall clearance of 94% was registered.
Insight27 Oct 2014New Zealand wool market steadies after last week’s drop
At Thursday’s South Island wool sale, prices stabilised. The effects of a weaker New Zealand dollar were taken into account when comparing the sale with that in Napier on October 16. Of the 9,113 bales on offer, 77% sold (7,000 bales).
Insight27 Oct 2014Growing volumes and weak demand soften Aussie wool market
This week, the Australian wool market retreated again by a similar margin to last week, with the Australian Wool Exchange’s (AWEX) Eastern Market Indicator (EMI) falling by 8 Australian cents to close at 1,036 cents per kilo clean on Thursday, October 23. In US dollar terms, the EMI fell by 10 US cents to 907 cents per kilo clean.
NCWSBA Australian Wool Market Report
Weekly analysis of the Australian Wool Market by Chris Wilcox, Executive Director of the National Council of Wool Selling Brokers of Australia.
Ahlstrom filtration products boost net sales results
Filtration products represented two areas of sales growth for performance fabrics manufacturer Ahlstrom, according to its latest quarterly results covering the period July – September 2014.
Farm law provision helps cotton producers hit by drought
The National Cotton Council (NCC) has commended US Department of Agriculture's (USDA) Risk Management Agency (RMA) for implementing a farm law provision important to cotton production areas that have been hit with drought and other adverse weather in recent years.
Cashmere prices firm amidst quality concerns
This week, there were no major changes in cashmere prices. The main concern with buyers is about quality, The Schneider Group explained, as it is not good enough to supply the high-end users who have a minimum in terms of characteristics, which needs to be met in order to spin certain yarn counts.
William Blue joins Dixie Group Board of Directors
The Dixie Group has appointed William Blue Jr. to its Board of Directors.
Pegas gets approval for 2.5 billion crown bond issue
Pegas Nonwovens’ issue for up to 2.5 billion crowns (around US $114.11 million) in bonds, maturing in 2018, has received approval from The Czech National Bank.
News24 Oct 2014China yarn market diverges
The China yarn market failed to find a clear direction this week, although the traditional high trading season is still not over.
EDANA symposium for MENA region is postponed
International nonwovens association EDANA has postponed its upcoming Middle East and North Africa Nonwovens Symposium, which was due to take place in Dubai on 17-18 February, 2015.
Polartec Apex Award winners feature in new video series
Polartec, the producer of lightweight wicking fabrics and weather protection textiles, features the designers and developers of select 2014 Polartec Apex Award-winning products in a new video series and social media campaign.
New Widodo government must boost transport infrastructure to improve textile logistics, says consultant
The government of Indonesia’s new President Joko Widodo — who was inaugurated on Monday (October 20) — will need to invest heavily in infrastructure to boost the country’s textiles and broader manufacturing sector, according to a senior industry consultant.