Textile exporters have rejected the recent hike in power and petroleum product prices as it would trigger inflationary impact and would ultimately affect the overall trade and business environment. Criticising the tariff hike, Asghar Ali, Chairman and Muhammad Asif, Vice Chairman Pakistan Textile Exporters Association, said businesses are already facing tough challenges and further increase in Petroleum prices and power tariff will create enormous inflation and great pressure on the business act

Tens of thousands of textile traders in the country's biggest man-made fabric hub in the city are affected following an indefinite strike called by the tempo transport association over parking and traffic issues from Friday. The delivery of finished fabrics, including saris and dress materials to the consumer markets across the country, is affected since the past two days. Textile traders said tempo transporters, delivering grey and finished fabrics, are on an indefinite strike demanding park

Union Minister of Textiles K S Rao today said in a bid to increase carpet export to European countries, would open its depot in . Talking to reporters here after a meeting with All India Carpet Maufacturers Association, Rao said exporters could keep their products in the warehouse to be constructed with a cost of Rs 100 crore and sell it in European countries. Construction of warehouse would felicitate exporters in selling their products and venture in new countries, he said, adding that till

Advanced Petrochemical Company (APC) recently signed an agreement with Saudi Aramco Total Refining and Petrochemicals (SATORP) to increase the supply of propylene to 30,000 tons per year. This brings the total supply from SATORP to 80,000 tons per year. Last year, there was a short-term sales agreement for the supply of 50,000 tons per year of propylene that was concluded between APC and SATORP. The duration for the supply of entire 80,000 tons per year has been amended from 3 years to 5 y

The textile and clothing industry that has been struggling to maintain exports growth and facing tough competition from neighbouring countries will now have a relief as the government has increased the interest subvention rates from 2 percent to 3 percent, said D.K.Nair, Secretary General, Confederation of Indian Textile Industry (CITI) while hailing the government's initiative that will benefit exporters. "The enhancement of interest subvention is a very welcome measure. High interest cost is

Bangladesh is about to finalise a deal to import cotton from Uzbekistan aiming to ensure supply of 200,000 tonnes of the commodity annually for the local textile industry, sources said. The two countries already exchanged the draft of the memorandum of understanding (MoU) which is now under scrutiny, they said. Uzbekistan is the sixth largest cotton producer in the world with 4.6 million bales produced in 2011. Bangladesh is also holding talks with India for getting 1.5 million bales of cot

Sri Lanka’s non-BOI apparel exporters have been integrated into the global network, Asycuda World (of UNCTAD). Apparel exports are now back on track having overcome global recession, a Ministry of Industry and Commerce spokesman said. He said that Sri Lanka’s apparel sector has entered a new phase. As a result of Sri Lanka’s non-BOI apparel manufacturers directly integrating into the online ‘Asycuda World’ system, the country has cleared a major bottleneck in apparel exports. “Our apparel expo

Williams Partners L.P. is executing through its subsidiary Williams Olefins LLC on a plan that has an early April 2014 timeframe for restarting its Geismar Olefins plant and bringing online an expansion that will increase its share of the plant's ethylene production capacity by approximately 50 percent. The facility has been offline for investigatory work, damage assessment and repairs following an explosion incident on June 13. While the plant is offline, Williams Partners through its subsid

Fabric of Women's Lightweight White Pique Robe White Blue Trim (c) 2013 Tisseron Online bathrobe retail specialist, Tisseron, explains how organic cotton bathrobes triumph over their cashmere cousins, and launches extensive range of luxury bathrobes for women in a range of styles, weights and finishes. Today, online bathrobe retailer, Tisseron, launched a range of bathrobes for women comprising over 30 classic and contemporary designs. The styles are made exclusively from organic Tur

Bedding is a growth market and will be a main topic at next Intertextile Shanghai Home Textiles (c) 2013 Messe Frankfurt As the commencement of the next Intertextile Shanghai Home Textiles — Autumn Edition draws nearer, some of Europe and Asia's leading bedding & towelling suppliers are ready to take advantage of the burgeoning domestic market at the largest home textiles trade event in Asia. Over 1,350 home textile suppliers from 31 countries and regions will exhibit in 12 halls a