MARKET & ECONOMY​

Japan is looking to tap the textiles sector in Tamil Nadu and experts from the country are evaluating the two textile labs in the State to ensure they comply with the quality requirement and various compliances for Japanese markets.

Aleph has announced the signing of a binding agreement whereby Wise SGR S.p.A. – on behalf of Wisequity IV closed-ended fund –will purchase a majority stake of the company.

As part of its export promotion programme during 2017-18, the Synthetic and Rayon Textile Export Promotion Council (SRTEPC) is organising combined participation of member-companies of various export promotion councils including SRTEPC.

Specialty chemicals company LANXESS projects the highest full year results in company history, following a very strong first quarter of 2017 and the successful closing of the acquisition of U.S. based company Chemtura.