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ITOCHU to invest in acquisition of Lycra
ITOCHU Corporation announced its participation, by capital investment, in the acquisition of US-based The LYCRA Company by its capital alliance and business partner Shandong Ruyi Science and Technology Group.
Grasim VSF revenue soars 35%
In the first quarter of fiscal 2018-19, the revenue of Grasim Industries from the viscose staple fibre (VSF) business has climbed 35 per cent to Rs 2,480 crore and EBITDA has been recorded at Rs 3,212 crore, up by 33 per cent.
Methods to control waste in multiplying process
High-waste generation at cop winder would lead to loss of production, find NK Mahajan, RN Turukmane, DS Borse, RD Parsi and SK Dey.
The Indian man-made fibre industry is creating a benchmark in allied fibre production, similarly competing with global man-made fibre industries. Some industries have practices to produce fibre, yarn and filaments on large scale without the measure to control hard waste during the multiplying process. This is why they cannot stand in the international market in terms of quality productivity.
MMF exports showing signs of recovery: SRTEPC AGM
Narain Aggarwal, Chairman of the Synthetic & Rayon Textiles Export Promotion Council (SRTEPC), in his address at the 63rd Annual General Meeting held on September 28, 2017 in Mumbai said that exports of MMF textiles during the year 2016-17 had shown a nearly 2 per cent growth in value terms and was on path of recovery.
Truetzschler spunlacing line for Russian firm
Recently, OOO Rusavata of Russia extended celebrated the inauguration of its new Truetzschler line for production of hydroentangled nonwovens at their headquarters in Rjasan.
VSF growing at 27% in last 2 years: M Samuel
Aditya Birla Group’s fibre division, Birla Cellulose has always been at the forefront of revolution in viscose staple fibres and achieved global reputation since many years ago.
2016 THE YEAR THAT WAS
Textiles in the first six months grew at an average of 1.4 per cent and in the last six months of the FY, it accelerated at an average rate of 3.4 per cent.
New investments towards value addition
Potential for shuttleless weaving machines is still enormous to reach an equilibrium with the excess spinning capacity, feels Navdeep Singh Sodhi.
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