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NZ wool market eases
The South Island auction this week comprised 10,153 bales of which 75% sold, with the bulk of the offering being mainly coarse crossbred fleece and second shear body wools. Despite the declining New Zealand dollar (NZD)/US dollar (USD) rate, prices were generally down overall.
Xennia appoints MD
John Anderson has been appointed managing director of Xennia. Mr Anderson has extensive experience in managing businesses through international sales growth and has previously led companies as diverse as New Stores Europe, Kessler International, 600 Group and Airsprung Group, said Xennia.
News26 Aug 2014Yarn market subdued in Pakistan, but improved in India
The cotton yarn market remained weak in Pakistan last week as demand from local fabric manufacturers was lacklustre and yarn sales failed to gather momentum.
Aussie wool market takes a sharp tumble
As Australia headed into its annual Wool Week, the market took a substantial tumble, with the Australian Wool Exchange’s (AWEX) Eastern Market Indicator (EMI) falling by 19 Australian cents. The auctions took place on Tuesday 19 and Wednesday 20 August this week, as Wool Week events have been scheduled for Thursday and Friday.
Wool Market Report - 26th August 2014
A comprehensive weekly round-up and analysis of price developments at the major wool auctions around the world.
News26 Aug 2014Desso appoints new board member
Carpet and sports pitches company Desso has appointed Robert-Jan van Ogtrop, founder of ‘Circle Economy’ to its supervisory board. Circle Economy is a non-profit open platform that aims to accelerate transition to the circular economy – taking into consideration social and environmental factors in decision making.
SGL realigns to minimise losses
The SGL Group has implemented further measures within the framework of the group-wide cost savings programme SGL2015 during the first half of 2014. Group-wide savings from SGL2015 amounted to €37.3m and total savings from SGL2015 of €106m have been realised since the beginning of the programme. The company believes that the initial savings target of €150m will therefore be exceeded.
Pre-filters extend filter life
FreedomAirFilters.com is expanding its pre-filter applications to over to the agricultural and trucking industries.
News22 Aug 2014Shima Seiki to showcase in NY
Computerised knitting machine manufacturer Shima Seiki of Wakayama, Japan, together with its US subsidiary, will participate in the Coterie exhibition in New York this September.
GlyEco revenues up 13% in Q2
Glycol technologies company GlyEco has reported a 13% increase in revenue year-over-year to $1.6m in its financial results for the second quarter of the fiscal year 2014. This was up from $1.4m in 2013, the results showed. Net equipment assets increased 43% to $7.9m 9$5.5m in 2013).
News22 Aug 2014AWI updates on breech flystrike R&D
Woolgrowers, researchers, consultants, vets and welfare experts discussed the latest developments and trial results from Australian Wool Innovation's (AWI) flystrike prevention programme at the National R&D Technical Update on Breech Flystrike Prevention.
Cotton seed treatment market to soar by 2020
The North American market for seed treatment in cotton is likely to reach $74.8m by 2020 from an estimated $55.6m in 2014 at a compound annual growth rate (CAGR) of 5%, according to new findings reported by Research and Markets.
ITMF conference to focus on efficient supply chain
The International Textile Manufacturers Federation (ITMF) Annual Conference 2014 will be held in Beijing/China from October 16-18 hosted by the China National Textile and Apparel Council (CNTAC).
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.
UAE textile potential
Hosting its first International Textile Fair this November in Dubai, the UAE is the largest consumer of textiles in the Middle East. In 2011, the total import value of textile products was $13bn. Revenues from the UAE textile industry reached $13.2bn in 2011 and recorded an annual cumulative growth of 9.9% between 2006 and 2011.
Dubai textile fair launched
The Middle East’s $56bn textile industry is set to get a further boost with the launch of International Textile Fair which will be held from 3-4 November, 2014, at Dubai International Exhibition and Conference Centre.
How will ASEAN economic community affect Vietnam’s textile and garment industry?
The Vietnamese textile and garment industry has yet to prepare comprehensively for the onset of the ASEAN (Association of Southeast Asian Nations) Economic Community (AEC) next year.
News21 Aug 2014New York cotton futures continue robust rebound
Spurred by the wave of short-covering, the most-active cotton contract of ICE Futures US surged on August 20, to 65.81 cents a lb, rising 1.65 cents, or 2.57%, the biggest one-day gain of the last five months.
News21 Aug 2014Pakistan cotton value rules firmer
Recent strength of the US Dollar prompted Pakistan cotton traders to seal more deals with foreign buyers. As a consequence, Karachi Cotton Association (KCA) spot rate was up on Thursday, to Rs 5,500 per maund, with a 12,000 bales trading volume.
Shima Seiki targets Far Eastern exhibitions
Shima Seiki is to participate in the 24th session of Spin Expo in Shanghai, China, this September (Stand J14). On display will be the latest version of Shima Seiki’s SDS-ONE APEX3 3D design system. APEX3 is at the core of Shima Seiki’s Total Fashion System concept, made possible due to its comprehensive support of the knit apparel production process from planning and production to sales promotion, as well as its capability for virtual sampling, according to the company, which is also exhibiting at the Preview in Seoul 2014 exhibition (Stand E27).
Insight21 Aug 2014Nanofibre research is enhancing vital medical material development
Better drug delivery, cheaper blood dialysis, more powerful MRI scanning, widely-available eye surgery and improved pain relief are among the possible outcomes of the latest research into nanofibres
Autefa to present thermobonding and mechanical bonding solutions in Shanghai
Autefa Solutions Nonwovens Technology is focusing on automotive applications and the growing need for air filters with its range of turnkey lines and individual machines for nonwovens manufacturing in China.
News21 Aug 2014New blues from DyStar
The DyStar Denim Team has developed four new blues based on DyStar’s patented Indigo Vat 40% Solution. Sky Blue is a bright blue that has a clear look after the wash-down process is applied; Ever Blue is a ring dyeing and keeps jeans blue after washing and fading; Full Blue is a core dyeing to make jeans appear bluish after wash down; Deep Blue is a special process to provide an extremely dark shade and more resistance to fading, explained DyStar.