Asahi Kasei to accelerate trials for commercialization of polyamide 66 made using biomass-derived intermediate

Asahi Kasei to accelerate trials for commercialization of polyamide 66 made using biomass-derived intermediate

March 16, 2022

Asahi Kasei Europe GmbH | March 16, 2022 Düsseldorf, March 16, 2022 – Asahi Kasei has formed a strategic partnership with US based Genomatica regarding hexamethylenediamine (HMD) based on biomass-derived raw materials (bio-HMD). Asahi Kasei currently uses fossil...Read More

Now is the time to maximise investments in textile industry: Minister

Now is the time to maximise investments in textile industry: Minister

March 14, 2022

The minister was speaking at a conference on technical textiles organised by the Ministry of Textiles in partnership with Confederation of Indian Industries (CII). Updated: 12 Mar 2022, 09:55 PM IST | Rituraj Baruah The minister also said highlighted the importance of technical textiles for...Read More

Farming, textiles hold key to Kenya’s exports

Farming, textiles hold key to Kenya’s exports

March 12, 2022

The US is the largest export destination of Kenya’s apparel, accounting for over 90 percent of garment exports every year. PHOTO | FILE TUESDAY MARCH 08 2022 | By ANTHONY KITIMO Agriculture, textiles and minerals could spur Kenya’s export output in the next decade, Standard...Read More

In trade pact with UK, India to seek duty cuts on textiles

In trade pact with UK, India to seek duty cuts on textiles

March 01, 2022

New Delhi will seek duty exemptions for labour-intensive exports, including textiles. Updated: 28 Feb 2022, 06:57 AM IST | Ravi Dutta Mishra, Dilasha Seth The negotiations will explore the possibility of an early-harvest agreement or a mini-FTA New Delhi will seek duty exemptions...Read More

Cotton Yarn Prices Crash In South Indian Markets As Demand Dries Up

Cotton Yarn Prices Crash In South Indian Markets As Demand Dries Up

February 28, 2022

Feb 26, 2022 Cotton yarn prices crashed today in south India as demand from both domestic and exports markets dried up because buyers were not keen on taking any risk in view of the looming uncertainty of geo-political developments after Russian attack on Ukraine. Buyers preferred to adopt a...Read More

Bengaluru-based textiles giant Texport to set up facility in Sircilla Apparel Park

Bengaluru-based textiles giant Texport to set up facility in Sircilla Apparel Park

February 28, 2022

Industries Minister KT Rama Rao with representatives of Texport in Hyderabad on Friday. BY TELANGANA TODAY | UPDATED ON - 01:01 AM, SAT - 26 FEBRUARY 22 Hyderabad: In a development that will give impetus to the textile industry in the State, Bengaluru-based readymade textiles...Read More

Teijin unveils advanced spread-tow carbon fiber woven fabric

Teijin unveils advanced spread-tow carbon fiber woven fabric

February 25, 2022

Properties of Teijin’s new spread-tow carbon fiber. Tokyo, Japan, February 17, 2022. Teijin Limited announced today that it has launched a lightweight, strong and cost-effective carbon fiber woven fabric developed with the company’s proprietary tow-spreading technology. The...Read More

Garment exports expected to top $20 billion next fiscal year or year after

Garment exports expected to top $20 billion next fiscal year or year after

February 25, 2022

By Patrick Huston | 2022-02-22 According to Shri Upendra Prasad Singh, Secretary, Ministry of Textiles, the Indian garment industry must focus on vertical integration in order to grow up and profit from the Production Linked Incentive (PLI) plan. Shri Singh, speaking at the...Read More

Correcting inverted duty structure: GST Council likely to revisit plan to hike rate for textiles

Correcting inverted duty structure: GST Council likely to revisit plan to hike rate for textiles

February 23, 2022

Finance minister Nirmala Sitharaman. (File photo: PTI) At present, the rate on manmade fibre, yarn and fabrics is 18%, 12% and 5%, respectively Written by FE Bureau | February 22, 2022 7:54:01 am Even though the Goods and Services Tax (GST) Council had to drop a plan to hike the GST...Read More

Koshiro Kudo to become new President of Asahi Kasei

Koshiro Kudo to become new President of Asahi Kasei

February 23, 2022

Düsseldorf, February 22, 2022 – Asahi Kasei announced at the end of January 2022 a change in the company's management. As of April 2022, Koshiro Kudo will assume the role of President & Representative Director. The current President Hideki Kobori will become Chairman of Asahi...Read More

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