MARKET & ECONOMY​

Coats, the world’s leading industrial thread manufacturer, has has acquired Patrick Yarn Mill, a manufacturer of high-performance engineered yarns based in North Carolina.

Baldwin Technology Company Inc.—a world leader in providing process automation solutions, consumables and services for the print, packaging, textile and corrugated industries—has acquired QuadTech, Inc, from its parent company, Quad/Graphics.

Itema, a privately-owned manufacturer of best-in-class weaving machines, spare parts and services, exhibited at ITMACH India (Hall 6 / A33-34 & B1-2) from December 7-10 at The Exhibition Centre, Gandhinagar.

Mimaki, a developer of wide-format inkjet printers and cutting machines for the sign/graphics, apparel, and industrial markets, will exhibit in Heimtextil 2018, the global trade fair for home and contract textiles, in Germany, from January 9 to 12, 2018, in hall 6.0, stand D10.

The Pakistan Textile Exporters Association (PTEA) has expressed grave concern over suspension of system gas under quota regime and supply of high priced RLNG to export oriented textile industries in Punjab. This would further add to the high cost of doing business and would hamper the export pace.

DuPont Sustainable Solutions (DSS) has been ranked as the top EHS (Environment, Health & Safety) consulting brand for brand preference according to a new survey released in November by the independent research and consulting firm Verdantix.