The opening of letters of credit (LCs) for imports in Bangladesh fell by 13 per cent to reach $10 billion in July-August compared with $11.51 billion in the corresponding...
2024-10-31read more >
Cotton yarn prices in south India remained stable due to limited demand from the consumer and export markets. Despite rising cotton prices, demand from the downstream industry remains weak, causing challenges
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Covestro will build a new Thermoplastic Polyurethanes (TPU) application development centre in Guangzhou, China, by 2025. This centre, focused on key applications like consumer...
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Indo Count Industries has acquired an 81 per cent stake in Fluvitex USA, a pillow and quilt manufacturer, with an option to buy the remaining 19 per cent by 2029. This...
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Neo Performance Materials opened its upgraded NAMCO plant in Zibo, China, boosting emissions control catalyst production. With a $46.4 million investment so far, the facility...
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India's WPI inflation for August 2024 fell to 1.31 per cent, down from 2.04 per cent in July. Month-on-month, WPI declined by 0.45 per cent. The inflation rate remains...
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Mitsubishi Corporation and ExxonMobil signed an agreement for Mitsubishi's participation in ExxonMobil's Baytown, Texas facility, set to produce carbon-free hydrogen and low-carbon...
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At Intersport's AGM in Cannes on September 6, 2024, Corinne Gensollen was re-elected as chairman, and Dr. Alexander von Preen re-elected as vice-chairman. Harald Tscherne...
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India's first CO2-to-Methanol pilot plant (1.4 TPD capacity) was unveiled in Pune, led by Department of Science and Technology, IIT Delhi, and Thermax. The project, costing...
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ICE cotton futures surged to a two-month high due to a weaker dollar, rising crude oil prices, poor crop conditions, and weather concerns, including Tropical Storm Francine....
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Desert Mountain Energy Corp has successfully separated commercial helium from a complex natural gas stream, with production now covering corporate G&A costs. The plant,...
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India has mandated BIS certification for various machinery, including textile weaving and embroidery machines, effective from August 28, 2025.Indian textile industry, which...
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The impact of Typhoon Yagi may reduce Vietnam's 2024 GDP growth by 0.2-0.5 per cent, the Mitsubishi UFJ Financial Group said, lowering its forecast to 5.8 per cent from 6.1...
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Container xChange anticipates short-term demand spikes, potential container shortages and fluctuating leasing rates as the US market reacts to potential labour strikes, natural...
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G20 GDP growth remained stable in Q2 at 0.7 per cent, slightly down from 0.8 per cent in Q1. Brazil and Saudi Arabia led with 1.4 per cent growth, while China and India's...
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Exports of goods to the rest of the world from the euro area in July were worth €252.0 billion—a rise of 10.2 per cent YoY; imports stood at €230.8 billion in the month—a...
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Vietnam's textile and garment exports (excluding yarn and fibre) grew by 8.1 per cent year-on-year to $24.35 billion in January-August. Yarn exports rose 1.4 per cent to $2.92 billion, with China and
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This analysis compares financial performance and sustainability of Trident Group and Indo Count, key players in the Indian home textiles industry. Trident operates on a larger scale with higher revenues,
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The 38th ASEAN Free Trade Area council meeting held yesterday in Vientiane focused on expanding and improving intra-bloc trade connectivity; reducing trade barriers; and reviewing...
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A shipping line on the Chattogram-China route has started operation, with MV Kota Angoon, the first ship on the route carrying 552 containers, sailing from China's Ningbo-Zhushan...
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The Indian polyester yarn market experienced a decline due to slow demand and excess stock, with prices easing by ₹1-2 per kg in Ludhiana and Surat. Conversely, recycled polyester fibre saw price increases
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OQ Chemicals introduces Oxvolt S221, a biodegradable co-solvent for water-based electrode coatings in lithium-ion batteries. It improves electrode processing, reduces production...
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The European Environment Agency (EEA) has emphasised the need to reduce PFAS (forever chemicals) in textiles to enhance recyclability and support a circular economy. PFAS,...
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The LYCRA Company has released its third annual Sustainability Update, detailing progress on 2030 goals under its Planet Agenda framework. Key highlights include the commercialisation...
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Emerging East Asia's financial conditions are improving, driven by moderating inflation, declining bond yields and anticipated interest rate cuts, as per the Asian Development...
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