ICE cotton prices rose after a tentative agreement to end the US port strike and a spike in crude oil prices due to the Middle East conflict. Crude oil's surge boosted polyester...
2024-10-31read more >
The seasonally-adjusted Australian Industry Group industry index slightly improved in September by 4.9 points to minus 18.6 points, but continued to point towards challenging...
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Evonik has broken ground on a significant expansion at its Charleston, South Carolina site, increasing precipitated silica production capacity by 50 per cent. The expansion...
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The US Maritime Alliance and the International Longshoremen's Association have reached a tentative agreement on wages and agreed to extend their master contract till January...
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The interim government in Bangladesh yesterday approved the National Export Policy 2024-27 that aims at close-to-doubling annual export earnings to $110 billion by FY27. The...
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In September, Brazil's cotton prices surged above $0.73 per pound, driven by a stronger dollar, rising global prices, and limited domestic supply. Sellers focused on exports,...
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PETRONAS launched the ASEAN Energy Sector MLP 2.0 to strengthen methane emissions reduction efforts. The program expands on the inaugural MLP and introduces the Southeast...
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NCTO has urged President Biden to mediate in the ongoing East and Gulf Coast ports strike, which is worsening the economic challenges facing US textile industry. Already...
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Trinseo announced restructuring initiatives, effective October 1, 2024, consolidating management of its Engineered Materials, Plastics Solutions, and Polystyrene businesses....
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Drewry World Container Index (WCI) dropped by 5.47 per cent to $3,489 per 40ft container, continuing its decline due to weak demand.However, rates could rise soon due to...
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A roadshow promoting Bharat Tex 2025, organised by MATEXIL, was held in Coimbatore on October 4, 2024, drawing over 450 attendees. Bharat Tex 2025 is set to be the world's...
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CMAI will host the second edition of the Brands of India event from 12-14 November in Dubai. The event is expected to feature over 200 Indian apparel brands and 3,000 trade...
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Industrial producer prices increased by 0.6 per cent month on month (MoM) in the euro area in August this year and by 0.4 per cent MoM in the EU, according to Eurostat. These...
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The US economy added 254,000 jobs in September and the unemployment rate, at 4.1 per cent, and the number of unemployed, at 6.8 million, changed little. The figure exceeded...
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The LYCRA Company showcased its latest denim innovations at a London event, highlighting LYCRA FitSense Denim Technology and bio-derived LYCRA fibre. Partnering with Kantar,...
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The EU-funded Glaukos project has found a circular solution for bio-based textiles and fishing gear using marine-friendly polymers. Launched in 2020, the project focuses...
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Vietnam garnered over $24.78 billion in FDI in the first nine months this year—a YoY rise of 11.6 per cent. The figure includes $13.55 billion invested in 2,492 newly-licensed...
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Birla Carbon launches Continua 8030 SCM, a sustainable circular material, expanding its product offerings across India and Asia. This launch reinforces Birla Carbon's commitment...
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Bangladesh's GDP growth for FY25 may fall due to the July-August uprising, floods and policy reforms, believes the central bank, which identified inflation as a major concern...
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Oleon, a subsidiary of Avril and a global leader in natural-based oleochemicals, has acquired a majority stake in Brazilian company A.Azevedo Óleos, enhancing its presence...
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Universal Fibers and Forbo Flooring Systems have launched Tessera Topology, the first collection in Forbo's Evolve+ series. Made with Thrive matter yarn, the carpet tiles...
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Indian textiles minister Giriraj Singh recently handed over the certificate of geographical indication (GI) registration of Pashmina wool to lieutenant governor of union territory...
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The revenues of the Indian road logistics industry is expected to grow by a moderate 6-9 per cent YoY in FY25, according to ICRA. A rise in manufacturing output amidst restocking...
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India's Telangana state recently issued an order to set up a yarn depot at Vemulawada of Rajanna Sircilla district for the power loom sector. The Telangana State Handloom...
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Vietnam's economy grew by 7.4 per cent YoY in Q3 2024, primarily driven by strong expansion of the manufacturing and processing sector, which grew by 11.41 per cent YoY. CPI...
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