Oerlikon has announced that that it has received the largest staple fibre plant order in the history of the company. The delivery of the same is scheduled for 2022.
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Prato, a Chinese community, located 11 miles north of Florence, has been the victim of coronavirus. Since the virus hit the community last year, it is believed that around 2,500 people, or 10% of the community has left.
Incorporated in 2005, Palod Himson Machines is engaged in manufacturing, supplying, trading and exporting yarn and fabric processing machines. In the same year, the company tied up with Earnest Scragg Sons Ltd, UK to manufacture draw texturing machines in India.
As the countdown to August’s Intertextile Shanghai Home Textiles – Autumn Edition continues, recent economic data out of China suggests cause for optimism in the domestic home textiles market.
In their May report, the USDA has released its first complete set of estimates for an upcoming crop year. The projection for world production in 2015-16 is 111.3 million bales, which represents an 8.0 million bale decrease (-6.7 per cent) relative to the 119.3 million bales harvested in 2014-15.
Cotton prices in India are expected to remain subdued in the near future. Coming to the domestic scenario, prices are likely to trend in line with the international markets as domestic prices have plunged below the international levels offering no triggers for upside movement.
The ITMF International Committee on Cotton Testing Methods (ICCTM) approved updates to the guidelines for standardised instrument testing of cotton during its meeting in Bremen, Germany on 18 March 2014.