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Pak to finalise free trade agreement with China
Mr. Humayun Akhtar Khan, Minister for Federal Commerce said Pakistan had finalised free trade agreement with China while negotiations with the US in this connection were underway. He was talking to the newsmen after participating in a conference on ‘Domes...more
by Textile Intelligence
View more news from [ Lahore ] [ Pakistan ]

Juapong Textile to restart operations
Juapong Textiles Limited (JTL), is to restart its operations by the beginning of April this year, informed the Minister of Trade and Industry, Mr. Alan Kyerematen. Technical evaluation confirmed that the machinery and equipment were in good conditions and...more
by Textile Intelligence
View more news from [ Accra ] [ Ghana ]

Pakistan expects export target to be US $ 17 billion
Pakistan’s Commerce Minister, Mr. Humayun Akhtar Khan said Pakistan will achieve its exports target of US $ 17 billion for the current financial year. The minister highlighted the trade performance during July-Nov 2006, in which the country’s exports regi...more
by Textile Intelligence
View more news from [ Islamabad ] [ Pakistan ]

Diolen further invests in technology & capacity expansion
Diolen Industrial Fibers, an Arnhem based company, is once again investing in modernizing their machinery and expanding the capacity of its production facility in Emmen, Netherlands. They have already invested in three so-called Fosty machines in 2003 and...more
by Textile Intelligence
View more news from [ Arnhem ] [ Netherlands ]

Konark Synthetic to open a new unit at cost of Rs. 30crore
Konark Synthetic plans to set up a new unit at Vapi in Gujarat with an investment of Rs. 30 crore. This unit will produce fancy yarn for home furnishing fabrics. According to sources, the company has applied to the Gujarat Industrial Development Corporati...more
by Textile Intelligence
View more news from [ Mumbai ] [ India ]

Sun Capital gives Performance Fibers a key to fast growth
The managers and employees of Performance Fibers Inc. are ending 2005 with much more confidence and fewer uncertainties. A little more than a year ago, the Colonial Heights-based manufacturer of polyester and other synthetic fibers was looking for a home....more
by Textile Intelligence
View more news from [ Colonial Heights ] [ USA ]

Dyneema announces third expansions plans
DSM, the largest manufacturer of high performance polyethylene (HPPE) fiber in the world, today announces its decision to make another investment in a new production line for Dyneema® fiber in Greenville, North Carolina (USA). It is the third announcement...more
by Textile Intelligence
View more news from [ Heerlen ] [ Netherlands ]

Gama Textile Group to give preference to ex-Denim workers
Four hundred jobs are to be created as the Gama Textile group of Austria are currently negotiating the setting up of jeans centre of quality production in Malta....more
by Textile Intelligence
View more news from [ Valletta ] [ Malta ]

Asahi Kasei to buy Dorlastan Spandex business from Lanxess
Asahi Kasei Fibers Corporation (AKF) of Osaka, Japan, and Lanxess signed a Memorandum of Understanding for the purchase of the Dorlastan® business. The final agreement is expected to be signed shortly for an undisclosed sum and will include the Dorlastan®...more
by Textile Intelligence
View more news from [ Bushy Park ] [ USA ]

Orient Craft plans Rs 2,000cr textile SEZ in Hyderabad
The Punjab based Nahar Industrial Enterprises Ltd, is putting up a denim plant with at an investment of Rs 150 crore. The new unit is located at Lalru in Patiala in an area of 50 acres and will commence production by first quarter next year....more
by Textile Excellence
View more news from [ New Delhi ] [ India ]

Pak businesses keen on joint ventures with Beximco Textiles
Pakistani entrepreneurs have evinced interest to launch joint venture textile projects with Beximco Textiles Limited, a fully export-oriented company of Beximco Group. The expression of interest came when a Pakistani textile delegation, led by Pakistan Be...more
by Textile Excellence
View more news from [ Karachi ] [ Pakistan ]

TAMFELT TO BUY MAJORITY OF POLISH TOTALTEX
Tamfelt Corp. and the owners of the Polish PPH Totaltex Sp. zo.o. have on November 23, 2005 signed an agreement whereby Tamfelt will buy 80% of Totaltex. 20% will remain in the ownership of the President of Totaltex. The parties have agreed that the pur...more
by Textile Excellence
View more news from [ Helsinki ] [ Finland ]

Bannari Amman Spinning to foray into home textiles.
Bannari Amman Spinning Mills Ltd (BASML), part of the Rs 1,200 crore Bannari Amman group, is foraying into the home furnishings and garments sector....more
by Textile Intelligence
View more news from [ Chennai ] [ India ]

Polyplex orders Aquafil’s 2 Reactor Polyester CP.
After the successful start-up of the AQUAFIL Engineering 2-reactor continuous polycondensation plant for film application in February 2005, Polyplex Ltd. has placed an order for the 2nd line, for their new plant in Turkey with AQUAFIL Engineering GmbH....more
by Textile Excellence
View more news from [ Berlin ] [ Germany ]

Turkish firm Topkapi Yarn to invests US$30m in expansion
Turkey's leading yarn and knitted fabric producers, Topkapi yarn, is expanding capacity of fine count cotton yarn spinning and building its fourth plant at Hadimkoy in Istanbul....more
by Textile Intelligence
View more news from [ Istanbul ] [ Turkey ]

Jindal Worldwide entering Home Textiles, commercialize Denim production by mid Sept
Jindal Worldwide Ltd has chalked out a major expansion plan in home textiles sector....more
by Textile Excellence
View more news from [ Ahmedabad ] [ India ]

Indian Rayon rechristened Aditya Birla Nuvo
The Board of Directors of Indian Rayon, Indo Gulf and Birla Global, in their respective meetings has approved the restructuring proposal for the mergers of...more
by Textile Excellence
View more news from [ Mumbai ] [ India ]

JBF Industries goes global with RAKIA
JBF Industries, the Rs 894 crores polyester POY and polyester chips manufacturing major has gone global with a US$ 84 million plant in Emirates in a joint venture with Ras Al Khaimah...more
by Textile Excellence
View more news from [ Mumbai ] [ India ]


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