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GHCL to set up yarn and knitted fabric units in TN
As part of its Rs 500 crore investment plan, GHCL will set up a synthetic & synthetic blended yarn production unit in Manaparai (Tiruchirappalli, Tamil Nadu) and a cotton yarn & knitted fabrics unit in Paravai, Madurai district.
Synthetic fibre prices to go up due to new GST rate
The GST Council, has decided to impose 12% GST on all textile products except cotton to correct inverted duty structure in the sector. The new rates will be effective from January 1, 2022.
Fineotex and EURODYE-CTC to collaborate
As per the sources, Fineotex Chemical Limited and Eurodye-CTC have entered into a strategic collaboration so that they can commercialize specialty chemicals for the Indian market.
Cosmo Speciality Chemicals unveils COSMOTEX AVB
Cosmo Speciality Chemicals, a 100% subsidiary of Cosmo Films Ltd, has launched COSMOTEX AVB, containing a new antiviral and antibacterial agent that is effective against the human Coronavirus (229 E, ISO 18184) and suitable for all types of textiles including garments, home furnishing and bed linens.
Goller spun oil washing range: A global success story
The very first step in synthetic active wear processing or spandex processing is spun oil washing. Goller is a major international player in this segment as major supplier to high-end synthetic fabric manufacturers worldwide.
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