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News14 Feb 2014UK textile and biomedical sectors receive boost
The UK’s textile and biomedical sectors will receive a boost, especially in the North West, after the Greater Manchester Business Growth Hub was awarded two new mentoring contracts, as part of the government’s £2.6million Mentor Challenge Fund.
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.
News14 Feb 2014PolyShield patent case coming to a close
M&G Chemicals has stated on its website that the patent infringement case brought against them with regards to Invista’s PolyShield resin product is ‘Settled and Dismissed’.
News14 Feb 2014Richard Hough sales buoyant with further developments in pipeline
Ground-breaking innovations and detailed technology advances are producing buoyant sales for Richard Hough Ltd (RHL), the specialist producer of de-watering, squeezing and calendering rolls for textile finishers.
News14 Feb 2014First exclusively British sourcing event launched
Make it British has launched the first sourcing event exclusively for British clothing, textile and leather goods manufacturers.
News13 Feb 2014Vectorply expands product manufacturing capabilities
US-based Vectorply has expanded its advanced product manufacturing with the installation of a new Liba Max 5 machine.
News13 Feb 2014CmiA extends its reach in Sub Saharan Africa
Cotton Made in Africa (CmiA) has extended its reach in Sub Saharan Africa with smallholder farmers in Ghana starting to benefit from the programme.
News13 Feb 2014Indian yarn output spurred by exports; fabric production increases modestly
Cotton yarn output increased by 10% during the first nine months of the fiscal year, to reach 2,908,000 tonnes, according to the latest official data. Output of all other spun yarns increased by 8.2% during the same timeframe. The statistics reveal that, in contrast, production of man-made filament yarn declined by 6.5%, to 987,000 tonnes.
News13 Feb 2014Cashmere, silk markets still slow; demand for Alpaca maintained
The Schneider Group report sustained slow trading on cashmere and silk markets this week. Although many dehairers in China have returned to work following the Spring Festival, demand from European mills has been sporadic. FOB quotations have generally been renewed at unchanged levels. However, supplies at origin, for both silk and cashmere, are still limited. Sources at Schneider therefore indicate that a more sustained pace of demand may quickly translate into higher prices.
News13 Feb 2014DuPont partnership targets transgenic protection for crops
DuPont Pioneer and Hexima Limited are to collaborate on two projects targeting the transgenic protection of agricultural crops, such as, cotton, corn, soybean, and rice to improve grower productivity.
Technical13 Feb 2014Yarn stretch at sizing: A factor affecting warp breaks on loom
The performance of a textile mill is mainly determined by the loom-shed efficiency, which entirely depends upon the quality of sized beam production. During the processing of material in sizing, the yarns are stretched, which is one important factor to be considered in producing a quality-sized beam. The stretch caused by tension leads to an increase in length and reduction in yarn as well as fibre cross-section. This phenomenon affects the strength of the fibre.
News13 Feb 2014GlyEco expands US processing plant
Green chemistry company GlyEco has started the second phase of expansion at its New Jersey, US, processing plant to meet increasing customer demand for its refinery-grade recycled glycol.
WTiN Outlook: Australian wool auction values
The slow restart to Chinese buying following the Spring Festival has influenced a slightly more cautious view of the short-term business outlook among traders of Australian wool. Auction offerings during the next couple of weeks are expected to be reasonably large (next week’s sale is predicted to total 53,861 bales), with a predominance of finer fleece, demand for which has been especially sluggish. In this regard, the assumption that prices will not fall significantly lower than current levels may be tested.
News13 Feb 2014Soft Chinese demand influences weak Aussie wool market
A weak price sentiment pervaded the market this week, in face of a persistently slow demand from China and an increased volume of wool coming to auction. Exporters reported a dearth of fresh enquiry from China during much of the period under review. Some merchants report weak demand signal emerging from China, others are more sanguine regarding the business outlook. Quotations for Type 55 into China dipped to around US$10.75/10.90 per kilo, clean, CIF (90 days Letter of Credit), down from over US$11.10 per kilo a week earlier. Exchange rate movements were unhelpful during the early part of the week, but poor unemployment data today influenced a softening in the Australian dollar’s standing against its US counterpart.
Profile13 Feb 2014Fibre Security: APDN revenues soar 88%
Applied DNA Sciences (APDN) has recorded a revenues rise of 88% during the first fiscal quarter of 2014 with the figure standing at $597,354, compared with $317,670 achieved in the same period in 2013.
News13 Feb 2014Weaker price trend continues at latest New Zealand wool auction
A strong local currency, combined with a persistently quiet export market, contributed to a further softening in auction prices at this week’s sale. Wool Services International’s Coarse Crossbred Indicator dropped by 1.2%, to 485 NZ cents per kilo, clean. In US dollar terms the Indicator was unchanged.
News13 Feb 2014South African wool market undergoes downward correction
Local wool prices retreated from their recent highs at this week’s auction. A stronger rand/ US dollar exchange rate contributed to mounting resistance on export markets to the higher prices quoted of late. Moreover, the downward correction mirrored weakness in Australian Merino values. The Cape Wools Merino Indicator decreased by 4.5 % to R115.39 per kilo, clean.
News13 Feb 2014ADM invests $25m in Rennovia
Rennovia, Inc has revealed that Archer Daniels Midland Company (ADM) is to invest $25 million in the privately held company, which develops catalysts and processes for the cost-advantaged production of chemical products from renewable feedstocks.
News13 Feb 2014DSM launches high-strength UHMWPE fibre
DSM is expanding its Dyneema Purity fibre portfolio by commercially launching its thinnest, high-strength, medical-grade UHMWPE fibre.
News13 Feb 2014Rieter 2013 sales up 17%
Rieter sales reached 1035.3m CHF (€845.2m) in 2013, 17% higher than a year earlier. All regions recorded increases, with only Europe posting slightly lower sales.
Insight12 Feb 2014Capitalising on South America’s growing nonwovens market
Suominen, the Finland-headquartered manufacturing company active in textiles, nonwovens and plastics, has stated that it plans to take advantage of the growing nonwovens market in South America.
News12 Feb 2014Weaker prices evident on Turkey's polyester, viscose markets
Local polyester manufacturers in Turkey have reduced their offering rates sharply this week, in an attempt to counter the recent tendency of stocks to accumulate, in face of sluggish demand.
News12 Feb 2014Oerlikon Barmag targets speciality yarns success
The speciality yarns sector is a niche market with extremely high business potential for the future, Oerlikon Barmag has told WTiN.com.
News12 Feb 2014ILRF: US military apparel sourced from unsafe Bangladesh factories
A number of military exchanges that act as apparel buyers for the US Government have, in the past, sourced their private-label clothing from factories in Bangladesh without taking any independent action to investigate or remedy safety hazards and illegal working conditions, according to a new report from the International Labor Rights Forum(ILRF).