Market Watch Synopsis
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In the last fortnight, selling offers for Crude oil increased with the help of positive economic data emerged from the U.S.A, Germany and China. Price rally was not possible in Crude oil due to fall in export growth of China and more than forecasted turned down in unemployment rate of Germany in the month of December, 2011. Crude oil prices remained firm due to tension between Iran and U.S.A and increased very slowly. In the second half of the last fortnight, Crude oil prices remained firm as U.S.A inventories for energy product declined. For more Information....
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“Lace” sector and latest innovation from KARL MAYER at ITMA 2011
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KARL MAYER will be exhibiting at this year’s ITMA 2011 from 22 to 29 September in Barcelona.
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"Innovation has a name - Oerlikon" (ITMA 2011)
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With a new motto at the ITMA 2011: Oerlikon Textile, market and technology leader in the world of textile machines and equipment
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Fong’s Industries Merged into China Hi-Tech Group
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Zhang Jie, the Chairman of China Hi-Tech Group Corporation (CHTC), announced at the ShanghaiTEX on 15 June 2011 that China Hi-Tech Group has successfully completed its acquisition of the controlling shareholding in Fong’s Industries Co. Ltd. recently. Through the acquisition, it enables China Hi-Tech Group to further strengthen its business and operation modes within the textile machinery industry. And it intensifies its strength in improving the competitiveness of the whole Chinese textiles industry in the international markets as well.
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ITEMA WEAVING: A new Air Jet and an enhanced Silver Rapier Weaving Machine at ITMA Barcelona.
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ITEMA Weaving, with the established brands of Sultex, Vamatex and Somet, is set to present its latest innovation in technology at ITMA 2011 in Barcelona, Spain (September 22nd – 29th). Keeping with its tradition to provide the widest range of weaving solutions to the market, ITEMA Weaving plans to exhibit their new Sultex A9500 Air Jet and the Vamatex Silver 501 Rapier Weaving Machines for the first time at ITMA Barcelona.
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Xennia Aquamarine Digital Printing Solution Wins Industry Award
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Xennia's Aquamarine digital inkjet printing system has been awarded a certificate of recognition as one of the top 10 most popular products of the year by Paper, Film & Foil Converter magazine.
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Eri: An Eco-friendly Thai Silk Innovation
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Thai silk textile industry successfully develops the first-ever new eco-friendly Thai silk fabric from cassava-fed silk worm, according to the National Federation of Thai Textile Industries (NFTTI). The latest innovation is launched together with a seminar entitled "Eri: An Eco-friendly Thai Silk Innovation" at the Bangkok International Fashion Fair (BIFF) 2011 and the Bangkok International Leather Fair (BIL) 2011
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China to build cotton reserves to boost production
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The Chinese government is to begin building up the country's cotton reserves in a move designed to boost domestic cotton production and help avoid fluctuations in cotton prices.
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Reliances German Acquisition Trevira Optimistic Despite Economic Downturn in Germany
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The world’s largest producer of specialty polyester fibre, Hattersheim-based Trevira GmbH, which was acquired in August 2004 by India’s Reliance Industries Ltd., is “progressing well” despite the critical economic conditions in the global markets, according to its German chief executive. -
New Clariant products for technical textile sector
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New Clariant products give technological and ecological edge to technical textile sector -
Thai Acrylic Fibre moves technical fibers forward at Techtextil
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Thai Acrylic Fibre Co, a unit of Aditya Birla Group
