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Indian nonwoven market will continue to grow
Sivasailam G, Managing Director, Freudenberg Performance Materials India, Chennai, speaks on the present Indian nonwovens market, and importance of sustainability in the development of spunlace and wetlaid nonwovens.
Asia PX supply to lengthen on new capacities
Supply of paraxylene (PX) in Asia should gradually lengthen as a result of PX capacity expansion growth,driven by two large production units coming on stream in the key China market this year.
Applied DNA Sciences to launch recycled PET
Fully source-verified, recycled polyethylene terephthalate (PET post-consumer) is the clear plastic best known for packaging bottled water, and is the most widely recycled plastic in the world.
Applied DNA Sciences Inc is collaborating with GHCL Limited, a global manufacturer of home textiles, and Reliance Industries Ltd (RIL), India’s largest private sector company and the first to feature in Fortune’s Global 500 list of ‘World’s Largest Corporations’ – to launch CertainT verified recycled PET (rPET) bedding products at New York Home Fashions week, to be held from March 19 to 22, 2018.
Applied DNA tie-up with Loftex
Applied DNA Sciences, Inc has signed a new multi-year, exclusive license agreement with Loftex Home, LLC, a well respected manufacturer of high-quality towels and home textiles, whose headquarters is in China.
Applied DNA-GHCL sign pact
Applied DNA Sciences Inc has signed a multi-year license agreement with GHCL Limited, a global manufacturer of home textiles, to provide CertainT platform services in connection with source-verified, polyethylene terephthalate (PET) and recycled PET (post consumer) in select home textile products.
Indorama Ventures’ profit up 74percent
For the second quarter of 2016 Thailand-based Indorama Ventures’ profit after tax and non-controlling interests rose 74 per cent year-on-year driven by margin recovery in the polyethylene terephthalate (PET) segment and contributions from additional feedstock volumes.
Recycled PET on the decline
Recycled polyethylene terephthalate (R-PET) prices in Asia fell to a record low and may continue trending down with importers in China opting to stay out of the market amid domestic economic weakness.