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Ascend to expand its production capacity for HiDura
A new capacity line has been launched by Ascend Performance Materials to meet the growing demand by the customers. The company has expanded HiDura long-chain polyamides production capacity in Greenwood.
Fluctuating yarn rate trouble Ludhiana producers
The textile and garment producers in Ludhiana are relieved with the easing of lockdowns but with the fluctuating rates of yarn, they are worried. Yarn is the biggest raw material in the industry.
Bangladesh RMG makers want simplified export procedures
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has requested the Commerce Ministry to simplify export procedures so that the apparel sector can tackle the challenges posed by the pandemic.
French textile machinery association redesigns website
French textile equipment association UCMTF unveils its new website. It can be used by the textile industrialists to find a French textile partner looking for new equipment, technology partners, and textile manufacturers.
Lenzing welcomes EU’s plastic waste guidelines
The Lenzing Group has welcomed the issuance of the guidelines to implement the Single-Use Plastics Directive. In the guidelines, EU Commission has mentioned which product falls within the scope of the directive.
Credit availed by Indian textile firms decline 20%
As per the report by SIDBI-CRIF, the Indian textiles and apparels industry has availed credit of Rs 1620 billion as of December 2020. As on this date, the active loans stood at 426 thousand.
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