MARKET & ECONOMY
Archroma, a global leader in color and specialty chemicals towards sustainable solutions, today announced it has acquired all remaining minority shares in M Dohmen SA, an international group specialising in the production of textile dyes and chemicals for the automotive, carpet and apparel sectors.
Hohenstein is expanding its worldwide services with a new laboratory in Dhaka, Bangladesh. On July 28, 2018, the laboratory will be officially opened by Professor Stefan Mecheels, who is the third generation to lead the family-run company.
The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC), Mumbai, the apex Export Promotion Council of MMFT exporters organised first Road Show/Seminar on “Source India 2018†quite recently in Bhiwandi at the Hotel Regent Garden with the support of our member-exporters and other textiles associations in and around Bhiwandi.
Siemens’ Process Industries and Drives and Digital Factories divisions are teaming up with Bentley Systems’ Bentley Institute to establish a Process Industries Academy that will support the companies’ joint vision for cloud services and digital work-flows in engineering and operations.
TUV Rheinland India, a global leader in independent technical services, has launched a new state-of-the-art testing facility in Gurugram, Haryana. This expanded facility offers global-standard testing services for exporters, importers, manufacturers and global retailers for testing of garments , home textiles , leather and footwear, toys, food contact material and fashion jewellery.
India has imposed anti-dumping duty of up to $528 per tonne for 5 years on a Chinese polyester yarn used in automobile and other industries. The move will provide a level playing field to domestic players and guard them against below-cost imports.
The Second Edition of ‘Screen Print Sri Lanka’ expo (22-24 June 2018) was concluded at Sri Lanka Exhibition & Convention Centre (SLECC) in Colombo. Sri Lanka being an emerging market, the exhibition received good response.
Moving ahead with its product line expansion strategy, OMRON Automation the global leader in sensing & control + think technology, has launched NX1 series – a machine automation controller that boosts productivity while leveraging information in a manufacturing unit.
Textiles find myriad of applications in leather sector. According to Pandy Velayutham, Managing Director of Arrow Group of Companies there are many opportunities for textiles in fashion and high-end shoe sector.