MARKET & ECONOMY
An essential production hub for the garments manufacturing sector thanks to its low labour costs, Vietnam is currently a major industry supplier for both the European and US markets.
Wacker Chemie AG is expanding its existing production plants for polymeric binders in Germany. The Munich-based chemical group is currently building another dispersion reactor with an annual capacity of 60,000 metric tons at its Burghausen site.
As a part of its move to establish a textile park, the regional office of Maharashtra Industrial Development Corporation?s (MIDC) has acquired 113 hectares of land at Sayane near Malegaon. A proposal for infrastructural development has been sent to the head office for approval.
The Textiles Ministry is positively working on the proposals for a Centre of Excellence (CoE) and a mega textile park at Surat, a hub for the man-made fabric industry in Gujarat.
Wacker hiking polymeric binders’ capacity
Wacker Chemie AG is expanding its existing production plants for polymeric binders in Germany.
Enabling textile dyeing without effluent
Speciality chemicals company LANXESS showcased its ion exchange resins and membrane technologies at Water Today’s Water Expo 2017 in Chennai
Worldwide flame retardant consumption in construction applications is projected to increase 3.2 per cent per annum through 2020 to 803,000 metric tonne. Between 2010 and 2015, gains were fueled primarily by a rebound in US construction spending, as well as double-digit gains in the Chinese market.
The International Cotton Advisory Committee has accepted the resignation of its Executive Director, José Sette, who is leaving to pursue other professional challenges.
The annual International Apparel Federation (IAF) convention will be held in Brazil on October 17 to 18, 2017. IAF is the only federation in the world that has relationships with apparel associations in over 60 countries, including the US, India, China, Germany, France, Italy, South Korea and Taiwan.