Month: November 2016

KARL MAYER exhibited on two sites at ITMA ASIA + CITME, and at an in-house show at KARL MAYER (China) in Wujin, Changzhou. KARL MAYER offered at ITMA ASIA + CITME innovative solutions for warp knitting, weaving preparation and technical textiles.

Volatile prices for energy and commodities, requirements from brands, retailers and end consumers as well as government regulations have made sustainability a major challenge for the textile industry. For these reasons, resource efficiency is one of the premium targets of technical developments. The increased responsibility for work safety and workplace design is also an aspect of sustainability to which textile companies pay more and more attention.

Lenzing is presenting a new method for measuring softness in textiles, together with the German instrument manufacturer, Emtec Electronic. “We notice that softness is becoming increasingly important as a comfort factor in brands and with retailers. Lenzing Modal fibres are the softest fibres in our fibre portfolio. This is something you can feel,” commented Claudia Mommer, product manager for Lenzing Modal.

Gujarat has performed remarkably well, achieving an 18 per cent growth over the past decade since 2004, through policy support from both the Centre and State government. Unlike several other states, entrepreneurs in Gujarat have the option of availing benefits from both the Centre and the State Government, allowing for additional benefits. The Centre’s Technology Upgradation Fund Scheme (TUFS), along with the state government’s policy, has helped entrepreneurs reap huge benefits in the sector.

The global yarn production increased in Q2/2016 quarter-on-quarter. Thereby, output in Asia, Europe and South America rose. On an annual basis, the global yarn production in Q2/2016 fell versus Q2/2015. Global yarn stocks fell in Q2/2016 quarter-on-quarter. Yarn stocks were reduced in Asia. In South America they increased. Year-on-year, global yarn stocks declined. Yarn orders in Europe fell quarter-on-quarter as well as year-on-year.

Development of trade and investment cooperation between India and the Eurasian Economic Union (EAEU) is a key factor in their bilateral cooperation, said Alexander Tsybulski, Russian Deputy Minister of Economic Development. “In particular, we have prepared the first consolidated edition of the draft report by the joint research group on the conclusion of a free trade agreement (FTA) between the Eurasian Economic Union (EAEU) and its member states and the Republic of India.

Saurer announced the appointment of Clement Woon as CEO and Jesse Guan as COO of the Group. This adjustment is intended to prepare the Group for its next phase of development. Dr Martin Folini will continue to be engaged with Saurer in a consulting role. Clement Woon is a Singapore citizen and was co-CEO and co-President of the Jinsheng Group. He has the proven ability in the strategic development of Multi-businesses firms to access growth and profitability.