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Anti-dumping duty on Chinese polyester yarn
According to a Finance Ministry notification, the duty imposed is in the range of $174-528 per tonne. High Tenacity Polyester Yarn, also called industrial yarn, is used for manufacture of tyre cord fabric, seat belt webbing, ropes, coated fabric, conveyor belt fabric and automotive hose.
A.T.E. to market SARA ELGI products
A.T.E. Enterprises with a strong network of 11 offices across India is expected to give a boost to the marketing of SARA ELGI products in the Indian market.
Yarn and fabric production decreased in Q4/17
Global yarn stocks were stable between Q3/17 and Q4/17. A reduction in Brazil (-11 per cent), Egypt (-9 per cent), and Europe (-4 per cent) was cancelled out by a 3 per cent increase in Asia.
Is MSP unsettling cotton spinners?
The unsettling trade situation between the world’s leading cotton exporter, United States of America and a leading user, China, should place India’s cotton and textile sector in a better situation.
BPPL opens Sri Lanka's first ever polyester yarn factory
Eco Spindles, a wholly-owned subsidiary of BPPL Holdings Ltd (BPPL), recently inaugurated Sri Lanka’s first ever polyester yarn plant at Horana Export Processing Zone with an investment of SLR 800 million. The unit, with spinning and texturing machinery from Europe, will manufacture polyester yarn from recycled polyethylene terephthalate (PET) bottle flakes.
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