The World Trade Organisation (WTO) has launched a new World Trade Outlook Indicator (WTOI) designed to provide ‘real-time’ information on trends in global trade. The WTOI was unveiled in Shanghai, China recently, ahead of a meeting of G20 trade ministers. Combining a variety of trade-related indices, WTOI is designed to give an early signal of the current direction of world trade and where it is likely to go in the near future.
Browsing: Industry Update
Textile Effects Division of Huntsman Corporation has bagged the 2016 Dyestuff Manufacturers’ Association of India (DMAI) Awards 2016, in recognition of its “Excellent Performance in Exports of Dyestuffs by Large Scale unitâ€Â. Huntsman Textile Effects also won the award in the category for “Excellent Performance in Safety & Hazards Control by a Large Scale unitâ€Â.
HGH India 2016, the fifth annual edition of the trade show for home textiles, home décor, gifts and houseware, held recently at Bombay Exhibition Centre in Mumbai, had a 10 per cent rise in the number of trade visitors at 25,000, primarily retailers from 422 cities and towns covering all the States of India. The display in this trade show focused on home fashion trends for 2016-17. Over 450 leading Indian and international brands and manufacturers from 30 countries unveiled their innovations and new collections at HGH India 2016.
SPGPrints has announced the sale of a six-colour PIKE® digital textile printer to the Dongheng Group, in Changzhou, Jiangsu province (near Shanghai), China. DHG wanted to expand its digital capabilities for a variety of reasons. First, it needed to offer greater service flexibility, meeting customer demands for both high-quality, short runs and faster lead-times.
Waste and environmental factors also influenced the decision to install the PIKE: with no need for screen preparation, minimal substrate waste, and lower water and energy usage, the PIKE met DHG’s requirements.
Danfoss and Sondex have announced an agreement for Danfoss to acquire full ownership of privately-held Sondex Holding A/S, a global leader in heat transfer technologies. Sondex develops, produces and markets heat exchangers, and the company represents an ideal match to the Danfoss Heating business segment. Thus the acquisition confirms Danfoss’ strategic focus on building leading positions and accelerating profitable growth.
ColorJet Group, one of the largest manufacturers of digital inkjet printers in India, is participating in the Knit Show being held at Tirupur from August 7-9 and will be introducing its direct-to-fabric digital printing machines using water-based pigment inks aimed at green digital printing.
ColorJet will be showcasing samples printed on its best-selling direct-to-fabric digital printing machines; the METRO and VASTRAJET, which use the groundbreaking and environmentally friendly, water-based pigment inks.
The CPM – Collection Première Moscow – which will be held from August 31 to September 3, 2016 in Moscow will present CPM, CPM kids, CPM Premium, CPM Accessories as well as Mode Lingerie & Swim Moscow. Collections from the 2017 Spring/Summer will be featured. CPM is also recording new country participations. Indonesia will be exhibiting for the first time with the designers Alleira, Itang Yunasz, Ardistia New York and Warnatasku.