MARKET & ECONOMY​

WACKER, the Munich-based chemical group, is strengthening its presence in Russia by expanding the service portfolio offered by its technical centre in Moscow. WACKER is integrating a new dedicated laboratory for adhesives and sealants based on silane-terminated polyethers (hybrid polymers) used mostly in the construction industry.

The Telangana Government is setting up an apparel value chain system at the upcoming apparel park in Sircilla district at an estimated investment of Rs 100 crore in collaboration with apparel manufacturer – Kay Ventures.

Colour and speciality chemicals company, Archroma, has announced the appointment of Marcos Furrer, a Swiss national who holds 20 years of experience in the textile business, as its Brand & Performance Textile Specialities and Innovation Head. He will be based in their headquarters in Reinach, Switzerland.

Global yarn production decreased by -0.4 per cent between Q2/17 and Q3/17. An output reduction of respectively -3 per cent and -0.5 per cent in Europe and Asia have been balanced at the world level by increases of 0.5 per cent in Africa, 4.8 per cent in the USA, and 6.5 per cent in Brazil.

Having realised a total trade turnover of over Rs 5 billion, Intimasia has been a revelation in connecting all the major facets of the intimate apparel industry with each other and facilitating an effective exchange of crucial ideas, contacts, and opinions.