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Global yarn & fabric output up in Q3/2016
The global yarn production increased in Q3/2016 quarter-on-quarter. Thereby, output in Asia and South America rose. In Europe and the USA the yarn production fell. On an annual basis, the global yarn production in Q3/2016 increased versus Q3/2015. Global yarn stocks climbed in Q3/2016 quarter-on-quarter. Yarn stocks were reduced in South America.
Xerox-EFI’s strategic tie-up
Xerox Corporation and Electronics For Imaging (EFI) have announced a strategic partnership to bring to market a next generation digital front end (DFE) to drive Xerox digital production presses.
Steps towards Industrie 4.0
Industrie 4.0 is the interconnection of state-of-the-art information technology and manufacturing processes. The Internet has already profoundly changed private life; in the meantime, the Internet of Things and Services is entering the production process and is creating new business models.
Oeko-Tex publishes new regulations
Oeko-Tex has reviewed the requirements of its products and published its new regulations. A large number of new changes will be made to Made In Green, MySTeP, STeP, and Standard 100.
Cotton prices may fall
The International Cotton Advisotry Committee (ICAC) Secretariat forecasts that the season-average Cotlook A Index in 2016/17 will range between 66 and 83 cts/lb, with a midpoint of 74 cts/lb, which would be 4 cts/lb higher than last season.
Lenzing is No. 1 for sustainable wood sourcing
The Lenzing Group has been rated No. 1 globally with respect to the procurement of wood, the key raw material in cellulose fibre production, by the Canadian non-profit environmental organisation Canopy Planet Society.
Welspun forays into flooring solutions
Welspun India Ltd, one of the leading home textiles company, is foraying into flooring solutions with the foundation stone laying of its Rs 600 crore facility in Anjar, Gujarat to manufacture carpets, area rugs and carpet tiles.
2016 THE YEAR THAT WAS
Textiles in the first six months grew at an average of 1.4 per cent and in the last six months of the FY, it accelerated at an average rate of 3.4 per cent.
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