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View News Category Wise Legal & Govt. Policy Market Intelligence Industry Opinion Market Trends Import / Export Product Focus Production Company Performance Trade Fair Fashion Product Innovations General Editorial Investments Expansion Plans Awards Symposium Retail Technical Textiles Restructuring / Closures Joint Ventures Bilateral Trade Statistics Acquisition Capital Markets Traditional Textiles   Market Intelligence   ...more   India’s cotton textile exports slips 20% to non-quota markets According to an ICRA report, India’s exports of cotton yarn, fabric and cotton apparel to the non-quota markets dropped sharply, during April-September, 2005. Exports registered a 20 % decline to non quota market compared to the corresponding period last...more by Textile Intelligence Monday, 06th February 2006View more news from [ New Delhi ] [ India ] Nepal emerges as largest garment exporter to India The domestic market has been seeing Nepal as the largest readymade garment exporter ahead of China, since the end of textile quotas. Sources said Nepal was the top exporter to the country during the first five months of the current fiscals accounting 18.5...more by Textile Intelligence Wednesday, 18th January 2006View more news from [ New Delhi ] [ India ] IOC to delay PTA plant commissioning Indian Oil Corp. Ltd.'s (IOC) petrochemical project in Panipat which is also to manufacture PTA as well is running behind schedule by almost two months according to the reports available....more by Textile Intelligence Tuesday, 17th January 2006View more news from [ New Delhi ] [ India ] Fire broke out at Garment factory in Samutprakarn A major fire broke out at TM garment factory in Samutprakarn in Thailand late last week, damaging machinery and inventory. 20 fire tenders were used...more by Textile Intelligence Monday, 26th December 2005View more news from [ Bangkok ] [ Thailand ] 118 Pakistan’s textile mills suffering due to Gas supply cut off Gas supply to 118 Pakistani textile mills stopped by Sui Northern Gas Pipelines (SNGPL) on Multan Road and Sheikhupura Faisalabad Road, last week despite having an agreement to provide supply 50 percent of the requirement....more by Textile Intelligence Monday, 26th December 2005View more news from [ Lahore ] [ Pakistan ] USA: Unifi to improve efficiency of nylon business unit Unifi, Inc. announced on August 29, it is taking number of actions to improve the efficiency of its Nylon business unit,...more by Textile Excellence Thursday, 25th August 2005View more news from [ North Carolina ] [ USA ] Reliance hikes polymer prices across board Reliance Industries Ltd (RIL) has hiked polymer, polyester yarn and staple Fiber prices across the board following rise in international prices of naphtha and crude oil....more by TextileIntelligence Saturday, 02nd July 2005View more news from [ Mumbai ] [ India ] Uzbek-Swiss textile venture founded in Andijan region The Uzbek-Swiss Joint vrnture Norodnoye Slovo, state owned daily, reported was the result of participation of Swiss Rieter and a local Samo joint stock company....more by Textile Intelligence Friday, 24th June 2005View more news from [ Andijan ] [ Uzbekistan ] India: Reliance finds an amicable solution; RIL to remain with Mukesh In sudden change of events, Kokilaben the mother of Mukesh and Anil Ambani and wife of late Shri Dhirubhai Ambani has helped the two brothers reach a compromise on sharing the stake in the Reliance Group of Industries, where RIL will remain with Mukesh an...more by Vikas Srivastava Saturday, 18th June 2005View more news from [ Mumbai ] [ India ] China & EU reached agreement to limit Textile Export to EU China and the EUropean Union have agreed to limit the growth of Chinese textile and clothing exports to the EU until the end of 2007 in a bid to avert a trade war...more by TextileIntelligence Sunday, 12th June 2005View more news from [ Shanghai ] [ China ] India: Jayalakshmi Spinning Mills secures large order from Bangladesh Sri Jayalakshmi Spinning Mills Ltd has recently bagged a large order of Rs 35 million from Bangladesh to export of 100% Cotton...more by TextileIntelligence Thursday, 09th June 2005View more news from [ Mumbai ] [ India ] India: Bombay Dyeing to set up PSF facility Bombay Dyeing is planning to set up a 165,000 tons per annum PSF plant at the existing Dimethyl Terephthalate (DMT) plant site. The PSF facility is expected to...more by TextileIntelligence Thursday, 09th June 2005View more news from [ Mumbai ] [ India ] India: ITC launches new plan “Partnering for Global Success” To meet the current demand of Indian textile manufacturers of textiles for value added paper in textiles, leading paperboards and specialty papers producer ITC announced launching of a new plan “Partnering for global success.”...more by Textile Intelligence Tuesday, 17th May 2005View more news from [ Hyderabad ] [ India ] CHINA: Textiles see steady Q1 growth - CNTAC Official China saw its textile industry steadily grow during the first quarter after the end of global trade quotas, according to Sun Huaibin, director of the Press Center of the China National Textile and Apparel Council (CNTAC)....more by Textile Intelligence Saturday, 14th May 2005View more news from [ Beijing ] [ China ] India: Textile productions shows highest growth of 29.4%, reports CSO index of industrial production (IIP) with base 1993-94 for the month of March 2005 was released on May 12 2005 by the Central Statistical Organisation (CSO), as many as 14 of the 17 two-digit industry groups have shown positive growth during the month of...more by Textile Intelligence Friday, 13th May 2005View more news from [ New Delhi ] [ India ] Capitalise on opportunities before it's too late! India or China? is the topic of discussion at many of the forums lately. But it would only be wise to realise the Chinese potential and bring the relevant changes in the Indian textile Industry before we harbour feelings of toppling China or even making a...more by Vikas Srivastava Saturday, 16th April 2005View more news from [ Mumbai ] [ India ] Invista to increase high tenacity polyester price Invista has announced increase of its high tenacity Polyester fiber prices by 10% in North America from April 18, 2005...more by TextileIntelligence Wednesday, 30th March 2005View more news from [ Wichita ] [ USA ] PGI increases its nonwoven product prices nonwovens producer pgi is increasing prices on all its products globally. The company comments that last year it saw increases of more than 50%...more by TextileIntelligence Saturday, 26th March 2005View more news from [ London ] [ United Kingdom ] BASF to quit Enka, North Carolina site by 2007 BASF is to phase-out its nylon 6 polymers production at it Enka, N.C., USA, site by 2007,...more by TextileIntelligence Thursday, 24th March 2005View more news from [ Texas ] [ USA ] Marzotto and Verzoletto to form a JV for yarn production Italy's Marzotto S.p.A. and Verzoletto S.p.A. have reached agreement to form a 50/50 joint venture, which would create a world leader in pure wool, wool-acrylic and...more by TextileIntelligence Monday, 21st March 2005View more news from [ Milan ] [ Italy ] USA: DAK Americas to increase PSF price DAK, the USA based fiber producer, is to increase the price of its polyester staple fibre products by US$ 0.03/lb from April 1, 2005....more by Textile intelligence Tuesday, 15th March 2005View more news from [ new York ] [ USA ] India: JCT fabrics to double sales in 3 years The Thapar Group's textile company plans to expand capacity, add a garment manufacturing facility and double sales in three years...more by Textile Intelligence Saturday, 12th March 2005View more news from [ New Delhi ] [ India ] Rajasthan Spinning offers 20% equity stake in Jaipur Polyspin Rajasthan Spinning and Weaving Mills Ltd (RSWM), an integrated player in the textiles sector in India, has made an open offer for 20% equity stake in Jaipur Polyspin Ltd. The offer is currently open and closes on January 18....more by Textile Intelligence Saturday, 08th January 2005View more news from [ Jaipur ] [ India ] Egypt: Import of textile machinery witness an upswing To meet the expected increase in exports of textiles, the factories in Egypt are now seeking to renew the current conditions of the factories where imports are estimated to surpass all previous records...more by Textile Intelligence Friday, 07th January 2005View more news from [ Cairo ] [ Egypt ] India: US embargo on 2 shirt categories for exceeding quota THE US Customs has embargoed two categories of shirts from India ­ 340/640 and Group II ­ and there is also a likelihood of embargo in two other categories shortly for exceeding the quota....more by Textile Intelligence Friday, 07th January 2005View more news from [ New Delhi ] [ India ] Pak: Remove heavy duty on PTA demands KCCI Karachi Chamber Of Commerce and Industry has demanded the government to remove duty on PTA to make Pakistan's clothing industry to become competitive in world....more by Textile Intelligence Thursday, 06th January 2005View more news from [ Karachi ] [ Pakistan ] Morocco: End of textile quotas to hit third of textile workers More than a third of the 200,000 textile workers in Morocco face a threat to their job Post Quota....more by Textile Intelligence Wednesday, 05th January 2005View more news from [ Rabat ] [ Morocco ] Japan: Mitsui Chem to triple Thai synthetic fabric output Japans’ Mitsui Chemicals Inc. has planned to more than triple its annual production capacity in Thailand for Purified Terephthalic Acid (PTA) by 2008....more by Textile Intelligence Wednesday, 05th January 2005View more news from [ Tokyo ] [ Japan ] Reliance slashes POY and PSF prices Reliance has slashes the price of PSF and POY, in line with the falling international crude oil prices over the past two weeks....more by Textile Intelligence Tuesday, 04th January 2005View more news from [ Mumbai ] [ India ] Invista to increase prices of high tenacity polyester fiber Invista has announced that it would increase prices of its high tenacity polyester fiber by 10% from 17th January 2005......more by Textile Excellence Thursday, 23rd December 2004View more news from [ Wilmington ] [ USA ] India: Assam Cotton Mills becomes subsidiary of Kesoram Industries Assam Cotton Mills becomes subsidiary of Kesoram Industries......more by Textile Excellence Wednesday, 22nd September 2004View more news from [ Mumbai ] [ India ] Japan: Kanebo would sell its Ogaki textile unit to Sanko Japan's Kanebo Ltd. is considering selling its subsidiary Kanebo Spinning Corp.'s factory in Ogaki, Gifu Prefecture, to plastic product maker Sanko Co......more by Textile Excellence Saturday, 04th September 2004View more news from [ Tokyo ] [ Japan ] DAK Fibers will raise PSF prices DAK Fibers has intimated its polyester staple customers that......more by Textile Excellence Thursday, 26th August 2004View more news from [ Charlotte, NC ] [ USA ] India: Modern Mills sets-up new company in Hong Kong India’s Modern Mills has established a wholly owned subsidiary in Hong Kong......more by Textile Excellence Wednesday, 25th August 2004View more news from [ Mumbai ] [ India ] Japans’ Asahi to shut down its Indonesian fiber plant Japan’s Asahi Kasei has decided to close down its Indonesian subsidiary, P T Indonesia Asahi Kasei (Indaci)......more by Textile Excellence Wednesday, 25th August 2004View more news from [ Jakarta ] [ Indonesia ] Cotton information JV formed in China Cotlook Ltd, the world's leading cotton and textile market information provider has established a joint Venture (JV) in Beijing......more by Textile Excellence Monday, 23rd August 2004View more news from [ Beijing ] [ China ] Wellman to hike PSF price from 1st Sept ‘04 USA’s Wellman, Inc., will raise the price of all polyester staple fibre (PSF) products by US$0.03 per pound from September 1, 2004......more by Textile Excellence Tuesday, 17th August 2004View more news from [ Charlotte,NC ] [ USA ] Thailand: FTI chief warns of negative economic factors The president of the Federation of Thai industries (FTI) has issued a downbeat assessment of the Thai economy, warning that rising oil prices, soaring raw materials costs and heavy flooding were all taking their toll...more by Textile Excellence Tuesday, 17th August 2004View more news from [ Bangkok ] [ Thailand ] Reliance/Trevira prior notification of a concentration to the EC EC on preliminary examination has found that the notified concentration could fall within the scope of Regulation (EC) No 139/2004, it has invited interested third parties to submit their possible observations on the proposed operation to the Commission....more by Textile Excellence Monday, 16th August 2004View more news from [ Mumbai ] [ India ] Modern Mills sets-up new company in Hong Kong Modern mills of India has established a wholly-owned subsidiary in Hong Kong to carry out trading, import and export activities in the textiles and other commodities....more by Textile Excellence Saturday, 14th August 2004View more news from [ Mumbai ] [ India ] Fong’s acquires Scholl-Then Fong's Industries of Hong Kong is acquiring its rival dyeing machinery maker Scholl-Then (the ST Group) for Euro 5.84 million....more by Textile Excellence Friday, 13th August 2004View more news from [ Berlin ] [ Germany ] Brazil: Fastest rise in industrial output in four years According to the national statistics agency, the Brazilian industrial output witnessed a 13 per cent growth for the month of June. Estimated as the fastest pace in four years....more by Textile Excellence Saturday, 07th August 2004View more news from [ Rio de janerio ] [ Brazil ] INDIA: ING Vysya to fund the textiles sector ING Vysya Mutual Fund is offering India’s first fund, exclusively focussing on the textiles and the pharmaceutical sector. This is an effort to take advantage of the opportunities resulting from the dismantling of the quotas....more by Textile Excellence Thursday, 05th August 2004View more news from [ Mumbai ] [ India ] India: Port congestion in Mumbai brings operations to a standstill Congestion of Naha Seva, the country’s leading port outside Mumbai has led to serious losses to the exporters. The industry is estimated to lose at least Rs 800 crore a month due to delayed shipments....more by Textile Excellence Thursday, 05th August 2004View more news from [ Mumbai ] [ India ] India: Reliance hikes Petrochem prices Reliance Industries ltd.has raised the prices of petrochemicals for August between 4.5 per cent and 9.5 per cent....more by Textile Excellence Wednesday, 04th August 2004View more news from [ Mumbai ] [ India ] Vietnam: Global Dyeing to invest in Vietnam’s textile production Global Dyeing Co. would invest US$ 39 million to build a factory producing textiles, in the Long Thanh Industrial Park of Vietnam....more by Textile Excellence Wednesday, 04th August 2004View more news from [ Hanoi ] [ Vietnam ] Gap Inshaat’s New spinning mill in Turkmenistan soon The Gap Inshaat of Turkey is coming up with a new spinning mill in the Serdar district of Balkan Province of Turkmenistan. The project is almost complete and would provide 14000 tons of Cotton yarn annually...more by Textile Excellence Wednesday, 04th August 2004View more news from [ Istanbul ] [ Turkey ] International textile group completes integration of Burlington and Cone Mills Beginning of August, WL Ross & Company announced completion of the integration of Burlington Industries and Cone Mills into the newly formed International Textile Group (ITG)....more by Textle Excellence Monday, 02nd August 2004View more news from [ Greensboro ] [ USA ]