MARKET & ECONOMY
Rieter posted an order intake of CHF 975.3 million in the first half of 2021, an increase of 289% compared to the previous year period. The global recovery is based on a catch-up effect relating to 2019 and 2020 and a regional shift in demand.
Eclat Textile Co., a Taiwan-based garment and fabric supplier, has reported to suspend the production at its plant in Vietnam because a few employees were tested Covid positive
Rieter posted an order intake of CHF 975.3 million in the first half of 2021, an increase of 289% compared to the previous year period. The global recovery is based on a catch-up effect relating to 2019 and 2020 and a regional shift in demand.
Envoy Textile has decided to start its spinning project expansion unit at the existing factory premises which will cost Tk 1761.90 million to the company.
An appeal has been launched by the Cotton Textiles Export Promotion Council to the Union Textile Minister, Piyush Goyal regarding the removal of the customs duty on cotton.
LanzaTech has announced its partnership with Lululemon athletic inc. to create the world’s first fabric and yarn using the recycled emissions of carbon.
Envoy Textile has decided to start its spinning project expansion unit at the existing factory premises which will cost Tk 1761.90 million to the company.
Sympatex Technologies received the award of the “Best for the World†B Corp companies of 2021, and entered in the category of the top 5% of 4,000 certified B Corporations worldwide.
An appeal has been launched by the Cotton Textiles Export Promotion Council to the Union Textile Minister, Piyush Goyal regarding the removal of the customs duty on cotton.