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Made in Germany finishing lines capture Surat market
Surat-based textile manufacturer, Laxmipati Sarees, Siddhi Vinayak Knots & Prints Pvt Ltd is one of the leading manufacturers in polyester saree and women dress material in India. Sanjay Sarawagi (Director) places great value on high-quality products.
RD Udeshi calls for major thrust on Make in India
A lot of thrust has been given to Government’s ‘Make in India’ initiative, said RD Udeshi, President - Polyester Chain, Reliance Industries Limited, in keynote address. This was the theme of international textile conference, held by the Textile Association (India), Mumbai Unit on December 1-2, 2016 at Hotel The Lalit, Mumbai.
Quality visitors perk up ITME 2016 exhibitors
Despite the noticeable gaps in attendance of visitors at the 6-day event of India-ITME held at the BEC in Mumbai, it was the quality of visitors that cheered up the 1,000-odd exhibitors. Most of the exhibitors The ITJ met were concerned with the occasional thin crowds in some of the halls, but were overwhelmed by the fact that they received serious and genuine enquiries.
Teijin to reorganise polyester & aramid fibre businesses
Teijin Limited announced that it would integrate its industrial-application polyester fibres business and the Products Converting Business Group to form the new Fibres & Products Converting Business Group next April 1, aiming to strengthen and expand these businesses under a new structure.
Umargaon hints at new features & machines
Established in 1959, Umargaon Textile has carved a niche in the corporate world of manmade fibre, VFY polyester and sewing thread industry because of its excellent machines, backed by exemplary post-sales service.
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.
Oversupply weighs on Asia’s paraxylene prices
Asia’s spot paraxylene (PX) prices are likely to remain under downward pressure from ample regional supply amid continued weakness in downstream markets, industry sources said. Asia’s PX inventory remained high, with end-users not likely to hold on to excess volumes in the near term, market sources said. Cargoes from Singapore, India, the Middle East and the US for November and December shipments remained on offer in Asia. Excess monthly supply is estimated at 20,000 tonnes, but traders said that the combined volumes for October and November shipments could be as high as 100,000 tonnes, augmented by Europe cargoes, market sources said.