MARKET & ECONOMY​

Specialty chemicals company LANXESS is raising its prices for adipic acid globally with immediate effect. The increase amounts for EUR 80 per metric ton. The reason for the adjustment is the significant rise in raw material costs over the past months.

Cotton supply chain is a vital job-creating sector, from agriculture to fashion industry. With the COVID-19 creating a dent in the economy with about 30 million people on unemployment benefits in the United States, how to grow the economy is a serious challenge.

Cotton supply chain is a vital job-creating sector, from agriculture to fashion industry. With the COVID-19 creating a dent in the economy with about 30 million people on unemployment benefits in the United States, how to grow the economy is a serious challenge.

Cotton supply chain is a vital job-creating sector, from agriculture to fashion industry. With the COVID-19 creating a dent in the economy with about 30 million people on unemployment benefits in the United States, how to grow the economy is a serious challenge.

Cotton supply chain is a vital job-creating sector, from agriculture to fashion industry. With the COVID-19 creating a dent in the economy with about 30 million people on unemployment benefits in the United States, how to grow the economy is a serious challenge.

The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) recently urged the government to waive the 37 per cent tax on partially-oriented yarn (POY 5402.4600), the basic raw material for the textile industry and small and medium enterprises.

Nylstar, an European textile company, has introduced new Meryl recycled yarns as part of its global strategy to provide circular economy solutions. Meryl yarn can now be produced with global recycled standard (GRS) certification using Invista recycled nylon 6.6 polymer. With 50 per cent or more recycled content, yarn will retain the world-renowned quality.