Swimwear & Beachwear
Vietnam has set out an objective to become one of the top five textile and clothing manufacturing and exporting nations by 2020 while simultaneously fostering social improvements and environmental wellbeing, according to a new report - Prospects for the Textile and Clothing Industry in Vietnam - by the global business information company Textiles Intelligence.
Clariant has signed an agreement to sell its Textile Chemicals, Paper Specialties and Emulsions businesses to SK Capital. The total consideration of the sale amounts to approximately CHF 502 million, out of which approximately 460 million in cash, equivalent to 6.3 times the estimated full year 2012 recurring EBITDA of those businesses. The divestment has been approved by the Boards of both companies. Subject to regulatory approvals, the transaction is expected to close by the end of the second quarter of 2013.
Huntsman Textile Effects has launched two AEEA-free (amino-ethyl-ethanol-amine) alternatives for two of its key silicone softeners used in the manufacture of apparel and home textiles.
DyStar is planning to transfer textile chemical production from its plant in Hangzhou to a multi-purpose manufacturing site in Nanjing.
A new course on the Karl Mayer ML 46 will be available as of January 2013 and the first series of courses in India was held in September 2012.
Israeli yarns producer Nilit, a leader in the production of nylon 6.6, has announced that Arie Gottlieb is to step down after thirteen years as General Manager. He will be replaced by Zion Ginat.
Karl Mayer reports that the new EL drive system on the HKS 4-M EL tricot machine optimises the price:performance ratio. The company says the high-speed HKS 4 EL tricot machine is extremely efficient and highly flexible at the same time, which makes it perfect for meeting market requirements.
At this week’s India ITME 2012 Karl Mayer says it is presenting a machinery show of superlatives. In Hall 5, Stand P9/Q8 the German textile machinery manufacturer is showing an HKS 3-M machine of the 3rd generation and a FL 20/1 machine, each offering wide production possibilities for sari fabrics, a Wefttronic RS for the technical textiles sector and the new NOM automatic sectional warper for warp preparation. A machine range by which means Karl Mayer aims to meet the requirements of the currently booming Indian market.
Efforts to manufacture sustainably have buoyed Sri Lanka’s textile and apparel exports in recent months, according to a new Textiles Intelligence report - Trade and trade policy: the EU clothing import market and its ten largest supplying countries.
According to a report on www.news.lk this morning, the official government news portal for Sri Lanka, MAS Holdings is expanding its manufacturing scope with an investment in automated knitting technologies, fully renovating a 200,000 square foot facility to accommodate the largest, automated knitting plant in the region. No technical details regarding the investment were revealed.