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Praj Industries to collaborate with GEVO USA
Praj Industries has signed a Construction License Agreement (CLA) with Gevo Inc, USA dated April 4, 2019, to commercialise technology for the production of isobutanol using sugary-based feedstocks, such as juice, syrup and molasses.
$33-bn paraxylene market to double by 2024
The global paraxylene market features an increasingly fragmented landscape on account of the leading companies accounting for a scant market share, finds Transparency Market Research (TMR).
Arvind Envisol, Chinese company sign JV
Arvind Envisol, the wastewater treatment arm of Rs 6,900 crore textile firm Arvind Ltd, is looking for collaborations across India, Africa, Bangladesh and China for driving growth and is in the final stages of signing a joint venture agreement with a Chinese textile company.
Rising cotton price to hit margins of textile cos
Rising cotton prices are set to hit profit margins of textile and apparel players due to their inability to pass on the high production cost on to consumers as seasonal demand is weak.
14.6% increase in GOTS-certified facilities
The top 10 countries in terms of total number of certified facilities are: India, Bangladesh, Turkey, Germany, Italy, China, Pakistan, Portugal, USA, and South Korea.