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  • Market leader Oerlikon Neumag has its finger firmly on the pulse of their customers with the new Color Pop Compacting unit (CPC-T) for the BCF S8 carpet yarn plant, which is now available for the Polyamide 6 process. The new solution, which was on show from 10-13 January 2020 at the Domotex 2020 in Hannover, attracted great interest from many trade visitors, Oerlikon Neumag reports.“Following the trend for multi-coloured carpets, BCF S8 sets new standards in regard to color separation. The plant
  • Myanmaris drafting a national textile policy for the development of domestic textile sector, according to the ministry of planning, finance and industry. The drafting process was initiated in January 2018 and the first stakeholder meeting was held in January last year involving relevant ministries, private organisations and textile businesses.Pic: ShutterstockThe policy is being drafted with the help of German government’s development organisation GIZ.It will include action plans, road maps, law
  • Applauding the US administration for finally pressing China for a more rational and equal trade relationship, theNational Council of Textile Organisations (NCTO), a Washington, DC-based trade association that represents the full spectrum of domestic textile manufacturers, has questioned the last-in, first-out approach to the tariff reductions.Pic: Shutterstock“In our sector, this means that the penalty 301tariffs on finished apparel and sewn products–the areas where tariffs have the most potenti
  • The International Finance Corporation (IFC) of the World Bank Group has identified leather and footwear, plastics and light engineering as potential sectors that can help diversify Bangladesh’s export basket. These sectors will also create greater access to global markets for domestic products, according to a new report released by IFC recently.The report, titled ‘Building Competitive Sectors for Export Diversification: Opportunities and Policy Priorities for Bangladesh’, highlighted the need fo
  • The Indian textile industry should not expect the Cotton Corporation of India (CCI) to sell cotton at a loss just because it is a government enterprise, according to CCI chairman P Alii Rani, who recently said the corporation has so far bought a quarter of the cotton that has arrived in the markets this year since the beginning of the cotton year on October 1.Pic: ShutterstockThe remark followed afterSouth Indian Mills Association (SIMA) urged textile minister Smriti Irani to instruct CCI to sel
  • In recent years, home linen trade has been moving up with high growth rate. Total trade increased by 35.79 per cent from 2013 to 2018, according to data from TexPro. The global trade of home linen was $46,432.68 million in 2016, which increased to $49,044.55 million in 2018. The total trade of home linen has risen by 4.22 per cent in 2018 over previous year.Pic: ShutterstockFurther, it is anticipated that the total trade will reach $53,255.84 million in 2021 with a CAGR of 2.78 per cent from 201
  • Ireland’s ‘radical’ new waste strategy will focus on reducing plastic packaging waste and waste generated byfast fashionand food items in the country, according to minister for communications, climate action and environment Richard Bruton, who said Ireland must ‘radically change’ its ‘wasteful’ use of precious resources as part of its Climate Action Plan.Over 200 kg of waste packaging, 59 kg of which is plastic, is generated per person every year in Ireland, above average among EU neighbours, ac
  • The global trade of baby’s garments and clothing accessories (not knitted or crocheted) has shown a slight decline in recent years. Total trade slashed by 0.07 per cent in 2018 over the previous year, according to data from TexPro. The global trade of baby’s garments and accessories was $4,761.20 million in 2017, which dropped to $4,758.10 million in 2018.Pic: ShutterstockThe total trade of baby’s garments and accessories is anticipated to move down to $4,599.00 million in 2021 with a drop of 3.
  • Kelheim Fibres has been given a“green shirt”ranking in the 2019 `Hot-Button´ report issued by the forest conservation organisation Canopy. This shows the company`s performance as regards to raw material sourcing is marked high. Fashion brands value the `Hot-Button´ report as a reliable indicator for sustainability for viscose fibre producers.Pic: Kelheim FibresThe CanopyStyle initiative aims to achieve that no wood from ancient and endangered forests is used to produce viscose fibres. The audite
  • Shopping centre group Unibail-Rodamco-Westfield has unveiled what it predicts will be the biggest retail trends for the next decade in Europe, including that 2025 will be the experience tipping point in retail when more than half of retail space in stores will be dedicated to providing experiences.The ‘Westfield How We Shop: The Next Decade,’ report explores how consumers in the UK and across Europe will be shopping by 2029 and has revealed five key trends that will create “seismic shifts” withi
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