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With China taking a larger slice of Brazil's market for imported apparel and textiles, the Government has announced the possibility of imposing safeguard measures. The debate has been raging for some time now with industry associations calling for tougher measures. The national currency, the Real is growing stronger against the dollar making imports more attractive.
China's growing popularity amongst national retailers has for some time worried both the Brazilian government and national textil
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The China International Silk Fair 2005 will be held from October 20-23 in Hangzhou, capital of east China's Zhejiang Province, announced the Ministry of Commerce and Hangzhou municipal government here on Wednesday.
The fair, sponsored by Chinese Ministry of Commerce and Hangzhou municipal government, will be attended by delegates from a number of foreign countries, according to the organization committee.
It will be an important place for show and trade negotiation of silk products, and near
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Home Source International has expanded its Solutions sheet program with two new blended cotton products as part of its introductions for the upcoming New York Home Textiles Market.
The blended Solutions items are a cotton/soybean sheet that is 60 percent cotton, 40 percent soybean protein fiber; and a cotton/silk sheet that is 75 percent cotton, 25 percent filament silk. Both sheets are sold as sets in a 300-count construction.
The cotton/soybean sheet is designed to be cool in summer and warm
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The Greek textile industry, one of the traditional sectors of the economy with significant contribution to exports and employment, is suffering from a significant recession in the last three years, the industry said on Tuesday.
A report by Hellastat said consolidated sales of the industry reduced 16.3 percent in the textile sector and 18.6 percent in the clothing sector, compared with the same period in 2004.
Pre-tax, interest and amortization earnings were down by 20.7 percent and 62.6 perc
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Specialty fibers marketer Buckeye Technologies Inc announced that it expects already high costs, exacerbated by the impact of Hurricane Katrina, will reduce the Company's earnings for the quarter ending September 30, 2005 to about 5 to 7 cents per share, excluding restructuring and early debt extinguishment costs. While none of the Company's operations suffered serious damage from Hurricane Katrina, the disruptions caused by the storm and the impact of high material and energy costs are expected
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German company Linde has been selected as contractor by PetroChina International for China's largest ethylene plant. The contract with an order value of 140 million dollars was signed in Beijing on Sunday.The mega cracker with an annual production capacity of 1 million tons of ethylene and 500,000 tons of propylene will be erected in Dushanzi, in the autonomous region of Xinjiang in north-western China. The operating company, PetroChina Dushanzi Petrochemical Company, intends to start production
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Beverages, tobacco and other related products logged the highest growth of 26.7 per cent in July, followed by 24 per cent by other manufacturing industries and 21.4 per cent in textile products including wearing apparel. The quick estimates of Index of Industrial Production and use-based index (Base 1993-94 =100) for the month of July 2005, by the Central Statistical Organisation, also revealed that metal products and parts except machinery and equipment showed a negative growth of 19.2 per cent
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The Saint-Gobain Technical Fabrics (SGTF) Composites Group has announced the launch of its latest development for closed mould processing, MAXFLOW multiaxials.These are engineered fabrics that have been adapted by a patented process to allow up to 2 X speed of infusion compared to standard multiaxial reinforcements, whilst retaining the same basic architecture and properties of their equivalent standard fabrics. The process works by the addition of trace amounts of special flow-promoting fibres.
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Ref. : CR EIC 230/2/1/1/1 13 September 2005Dear Sirs,Commercial Information Circular No. 372/2005Notice to Exporters: Series 2 (EU) No. 19/2005European Union (EU)1 : Establishment of Transitional Flexibility Measures on the EU/Mainland Memorandum of Understanding (MOU)The EU and the Mainland have reached an agreement to unblock the textiles imports from the Mainland sitting on the EU ports due to rapid exhaustion of quotas previously agreed by the EU/Mainland in June 2005. This circular informs
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World cotton consumption is expected to rise 3.7 percent in 2005/06 to 112 million bales. World production is expected to fall 8.4 percent to 110 million bales.However, at about 50 million bales, world ending stocks are forecast only 1 million bales lower. A 24.7-million-bale production gain in 2004/05 boosted this year? beginning stocks, sustaining stocks and consumption even as production falls.The last few years have seen some of the most robust growth in world cotton consumption in decades (