Asia’s premier fair for the home textiles industry concluded recently, with new records set for exhibitor, visitor and exhibition space figures. Over 43,000 trade buyers (2014: 43,189) attended Intertextile Shanghai Home Textiles – Autumn Edition 2015, which was held for the first time at the National Exhibition and Convention Center (Shanghai) across 170,520 sqm (2014: 150,400).
Browsing: Asia
Asia´s purified terephthalic acid (PTA) industry is expected to come under increasing pressure in 2016 as India adds 2.3 mt to its production capacity in the first half of 2016, industry sources said.
Global yarn production increased in Q2/2014 compared to the previous quarter due to higher output in Asia, South and North America and despite a drop in Europe.
Glen Raven Inc., the leading global provider of high-performance fabric, is exploring expanding its presence in India. Glen Raven Inc. The company provides high-performance fabrics for various industries including automotive, petrochemicals, construction, mining, logistics, geosynthetics, filtration and protective fabrics for the police, military, fire fighters, etc.
Asian countries, particularly China and India, should boost their cotton consumption. Jose Sette, executive director of Washington, DC-based International Cotton Advisory Committee (ICAC) speaking in Mumbai at the 8th Asian Textile Conference stated that although increasing cotton yield per hectare is important in India, China and India should focus on increasing its per capita cotton consumption.
PT. Indorama is one of the largest exporters of cotton and synthetic yarns in Indonesia. It is the first Rieter customer to receive all 4 Com4 yarn licenses, namely Com4 ring, Com4 compact, Com4 rotor and Com4 jet. The handing-over ceremony took place in June on the occasion of the ITMA Asia Shanghai.
Good news: Textile machinery production has gone up by 15 per cent in 2013-14 out of which spinning machinery´s contribution is over 50 per cent. Bad news: Textile machinery import is still soaring, and attempt to produce high-tech machines in India is a non-starter.