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Yarn production increased in Q2/18
Global yarn production increased by +5per cent between Q1/18 and Q2/18. Higher output where observed in Egypt (+1.4per cent), the U.S.A. (+3.2 per cent), South Africa (+3.3 per cent), and globally in Asia where the overall +5.7per cent increase was led by Chinese Taipei and Korea, Rep. (respective growth rates of +8.1per cent and +8.8).
Hyosung launches Smart Factory System
Hyosung, a leading elastane manufacturer, has announced Smart Factory System to increase product quality and boost capacity at five creora spandex factories.
Global yarn output up, fabric dips in Q2/18
Global yarn production increased by 5 per cent between Q1/18 and Q2/18 whereas global fabric production decreased from Q1/18 to Q2/18, according to the ITMF (International Textile Manufacturers Federation) State of Trade Report 2018.
Fulgar’s eco-sustainable fashion at Milan exhibition
From 16 to November 28, Fulgar—the Italian company that is the leader in the production of man-made yarn—will be present at Fabbrica del Vapore space in Milan for the exhibition – Textile Evolution - Made in Italy 4.0.
Minister discloses Maha 5-year silk plan
Arjun Khotkar, Minister of State for Textiles, Maharashtra said that Maharashtra, which currently lags in silk production, will become the exporter of silk in next 5 years.
Textile production picks up
The monthly Index of Industrial Production for textiles increased 7.8 per cent in August this year compared with the same month last year. The cumulative index for textiles from April to August this year has also gone up marginally — 1.1 per cent — from a year earlier.
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