“China Green Textile Summit 2010” will be held in Beijing China on August 19th - 20th 2010. This summit is organized by ECV International with the great support from the leading governmental and industrial institution.

The Sewn Products Equipment & Suppliers of the Americas (SPESA) announces that more than 8,000 industry executives and professionals attended its May 18 - 20 SPESA EXPO 2010 in Atlanta, Georgia. Many of the visitors to SPESA EXPO also attended the co-located Techtextil North America and returned to both events over the three-day Textile and Sewn Products Industry Week event.

Modern furniture, textiles and carpets are inseparably linked. They determine the design of a room, emphasise individual interior atmospheres and underscore their owner’s personal lifestyle. On its way to becoming the most modern furnishing fair in Europe, the imm cologne has now succeeded in signing up top textile brands as exhibitors for the longer term.

The 17th READY TO SHOW® -- International Clothing Sourcing Exhibition & 19th INTERTEXMILANO® -- International Textile Exhibition, will be held at the Palazzo Delle Stelline Exhibition Center, Milan, Italy from September 8 - 10, 2010.

From 16th to 19th September 2010, Kind + Jugend will celebrate its 50th anniversary and will once again be the sector’s trendsetter.

From 9th to 10th November 2010, the IMB Select will be gearing up for the future with a totally new approach. Information, communication, knowledge transfer, networking, global collaboration and plenty of fresh impetus from and for the supply chain promise added value and orientation for visitors and exhibitors alike.

CII-ITC and CII Rajasthan State Office organised a National Conference on “Business Action on Climate Change” recently at Jaipur, Rajasthan. Mr Ashok Gehlot, chief minister of Rajasthan, inaugurated the conference and other dignitaries from Central & State Governments addressed the conference in addition to select representatives of industry and civil society.

After a lull of almost two years, the Indian electrical equipment industry has once again gained momentum by clocking an impressive 11.25% growth in the year 2009 - 10. This growth was against a five year low of 2.73% registered during 2008 - 09.

New Chairman and Vice-Chairman of CII Puducherry have been elected today at its first reconstituted Puducherry State Council Meeting held recently.

Competent quality assessments of textile products by independent organisations such as the Hohenstein Institute serve companies in European and North American target markets as a reliable basis for decision-making in the procurement of goods in Asia and other textile producing regions.

At the assembly of the Association of Textile Machinery Industry Manufacturers held recently, ACIMIT President Sandro Salmoiraghi awarded prizes to 6 students from Italian universities and textile technical institutes, winners of the annual ACIMIT Foundation Awards on research conducted on themes related to the textile machinery industry.

The International Cotton Association Ltd's (ICA) President, Mr Cliff White and CCA Executive Vice-President, Ms Gao Fang have signed and exchanged a Memorandum of Understanding (MOU) to formally acknowledge the co-operation between the two associations.

American clothing giant GAP is planning to revive its plans to enter the Indian market. The company’s senior Vice-President for international strategic alliances, Ron Young, was recently in India on a fact-finding mission suggesting that the company plans to set shop here.

Arvind, one of the largest integrated textile players swung to profit for the quarter ended March 2010. The company reported profit of Rs 120.84 million compared to a loss of Rs 80.44 million in the same quarter last year.

Birla Acrylic has come out with an innovative fibre, which will reduce the pilling over repeated usage. This Anti Pilling Fibre will slow the ball formation in the garment, and subsequently slow down the apparel aging.

As workers battle the Gulf of Mexico oil spill and officials attempt to decontaminate a clam boat that dredged up old munitions containing mustard gas, a Texas Tech University researcher said his product fibretect® can handle both dirty jobs.

Man-made fibre output in Japan fell in 2009 for the ninth consecutive year. Furthermore, the decline, at 22.0%, was more than twice as fast as any previous fall during the nine-year period. Output of filament yarn plunged by 29.9% while that of staple fibres decreased by a substantial 15.1%.

Despite the global slowdown, India's cumulative textile exports in the financial year 2009 - 10 has increased by 1.9 per cent, compared to the exports growth registered by the sector in the previous fiscal.

The draft National Fibre Policy has been finalised by the Working Group constituted by the Ministry of Textiles and has been put up in public domain recently for wider consultation. This was disclosed by Dayanidhi Maran, Union Minister of Textiles, recently in New Delhi.

Over 100, 000 sq metres of space with neatly arranged stalls, heavy crowds on at least 3-days out of the 5-day event, a good number of satisfied textile machinery companies from Europe were some of the highlights noticed by the Indian Textile Journal during its presence at the just-concluded ITMA ASIA + CITME 2010 in Shanghai.

Crude oil prices rose sharply on 22 July reacting to the fears of a significant storm in the Gulf of Mexico. Benchmark crude settled at US$ 79.30 up US$ 2.74 on that day as a potential tropical storm threatened energy installations and strong earnings boosted investor sentiment.

Crude oil price slipped this week on speculation that the US economic recovery was slow, implying reduction in fuel demand in the world's biggest energy-consuming country.

The crude oil market ended the week on a positive note, stoking equities upward after hitting the low for a month in the early part of the week. On Tuesday, the contract had declined to US$ 71.98, the first dip below $72 in a month.

Oil prices declined dramatically on mixed news indicating that June employment report showed economy shedding more jobs than expected and a surprise dip in the unemployment rate.