Browsing: Industry Update

As guest speakers at lectures at the Bangladesh University of Textiles (BUTEX) and the Northern University Bangladesh, representatives of the German mechanical engineering company Mahlo GmbH introduced the students to the requirements and solutions of modern textile production.

The textile industry has been demanding for the abolition of anti-dumping duty (ADD) levied on PTA, the basic raw material used for the manufacture of polyester staple fibre and filaments, to remain globally competitive.

At the Swiss-Egyptian Investment Forum which took place in Cairo (Egypt), the Cotton & Textiles Holding Company and Rieter signed additional contracts related to the modernisation programme for the Egyptian textile industry.