MARKET & ECONOMY
In a letter written to the finance minister AHM Mustafa Kamal, Bangladesh apparel makers have requested an equal VAT rate for all types of yarns and duty-free import of all kinds of raw materials needed by the industry.
The mask contains an ultra-thin pure copper coating applied via a high-tech vapor deposition process, called HeiQ MetalliX, which converts a minute amount of copper into vapour, allowing it to be deposited evenly to surround each fibre.
Owing to an increase in the orders from the domestic Italian market and overseas, the Association of Italian Textile Machinery Manufacturers (ACIMIT) has recorded a better performance in the first quarter of 2021.
The CEO of Ajmera Fashion was awarded for his consistent and commendable work towards women empowerment in the textile sector.
Q-Rich Creations’ subsidiary will invest 12 million in setting up a plant in the UK to manufacture packaging products made of 100% recycled paper. It aims to supply packaging materials to businesses in the UK from June.
In spite of the pandemic situation, the SM Group has shown some hope by setting up a new RMG accessories factory that will provide more jobs, boost export, and improve the country’s economy in the near future.
The virtual trade fair TextilesExchange 2021 brought together Indian and East African textile businesses to explore the potential of trading partnership and capitalise on market opportunities
The award-winning in-store recycling machine, Looop, first cleans the old material, followed by shredding and spinning it into yarn which is used to knit a new product. Looop is the winner of the Fast Company’s 2021 World Changing Ideas Awards.
KARL MAYER’s RD 7/2-12 EN and RD 6/1-12 EN are available now in a working width of 190″. The seven-bar machine was previously available in working widths of 77″ and 138″, while the six-bar equivalent was available as a 138″ variant.