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Scrap tax on yarn import: Pak mills
The Pakistan Yarn Merchants Association (PYMA) has urged the Pakistan Government for removal of the regulatory duty on the import of yarn. An appeal has been made to Dr Miftah Ismail, advisor to the Prime Minister on Finance, Revenue and Economic Affairs, for supply of affordable raw materials to the textile industry to increase the production.
Coats acquires Patrick Yarn Mill
Coats, the world’s leading industrial thread manufacturer, has has acquired Patrick Yarn Mill, a manufacturer of high-performance engineered yarns based in North Carolina.
Savio showcases Polar Evolution winding machine
Since 1911, Savio is specialised in the yarn-finishing segment, being the leading supplier of winding, twisting and rotor spinning machines, with manufacturing plants spanning over Italy, China, India and Czech Republic.
SSM’s focus on X-Series
SSM showed their newest textile machines at ShanghaiTex for the first time. The Swiss based SSM Schärer Schweiter Mettler AG, the inventor of the electronic yarn traverse system, took part at the ShanghaiTex.
Inditech: Tech excellence in spinning to automation
Inditech International’s product portfolio covers all areas of the textile industry from filament spinning plants, industrial yarn spinning plants to processing, textile testing equipment and plant automation.
Global yarn production increases in Q2/2017
The yarn output improved in Asia, Africa, and Brazil while it was stable in the USA and Europe. The global yarn production improved in Q2/2017. It increased in Asia, Europe, and Brazil and slightly declined in the USA.