Listed textile and garment makers in Bangladesh are facing low profits and sales due to the ongoing COVID-19 pandemic. However, spinners and yarn makers are performing well by taking advantage of the price hike of yarn.
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A new FET-100 series laboratory melt spinning system has been set up by Fibre Extrusion Technology Limited (FET) of Leeds, England, for filament yarn application in Indonesia.
Though plant sites are functional with a restricted occupancy level, 1QFY22 may not be a lost quarter, thanks to strong export markets, says Mahaveer Jain of India Ratings
ICIL will increase bed linen capacity by 20%, enhance capacity for Top of the Bed (TOB) products, and modernise its spinning units with compact spinning technology.
The event is scheduled to take place from June 12-16 in Shanghai, China. The company will be present both physically and virtually at Booth C31, Hall 4 of the National Exhibition and Convention Centre.
The order intake in April was broadly based internationally with the main focus on Turkey, Uzbekistan and India. Order intake in the first half of 2021 is expected to be around CHF 800 million.
Rieter, the world’s leading supplier of systems for short-staple fiber spinning, received orders of around CHF 300 million in April 2021. The order intake in April was broadly based internationally with the main focus on Turkey, Uzbekistan and India.