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Canada’s Mitacs to award innovator Iris Redinger for all-natural dyes

Iris Redinger’s disruptive process to produce all-natural dyes for the textile industry has earned her a prestigious award from Mitacs, a national innovation organisation that fosters growth by solving business challenges with research solutions from academic institutions. Redinger is on a mission to reduce the environmental impact of the fashion industry. from Free Textile News - Textiles RSS XML Feeds - Fibre2fashion.com https://ift.tt/RVhUG7O from IFTTT

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Cotton yarn prices decline further in south India on selling pressure

Declining trend continued in cotton yarn prices in south India’s markets of Mumbai and Tiruppur today. Poor demand and selling pressure from stockists led to further decline of up to ₹15 per kg. Labour shortage in Bhiwandi also dampened cotton yarn demand. Traders said that lower prices can bring buyers back to market, and support demand in next two weeks. from Free Textile News - Textiles RSS XML Feeds - Fibre2fashion.com https://ift.tt/W0rRlgH from IFTTT

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US’ Covation Biomaterials launches as independent business

Covation Biomaterials, US’ bio-based solutions company, has launched as an independent business, after the acquisition of DuPont Biomaterials by the Huafon group. Combining world-class science and engineering expertise with new investment and manufacturing capabilities, Covation Biomaterials is creating the sustainable building blocks for customers. from Free Textile News - Textiles RSS XML Feeds - Fibre2fashion.com https://ift.tt/JyOWPYz from IFTTT

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India’s cotton sowing area down 2.35% to 10.73 lakh hectare: Ministry

India’s cotton sowing acreage declined 2.35 per cent to 10.73 lakh hectare till June 3 this season, according to the first weekly Kharif 2022 sowing report, released by the ministry of agriculture. Currently, sowing in northern states of Haryana, Punjab and Rajasthan recorded slow progress. Karnataka also noted some sowing till now, the report said. from Free Textile News - Textiles RSS XML Feeds - Fibre2fashion.com https://ift.tt/nQmtxHf from IFTTT

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China to speed up policy package delivery to stabilise economy

China will accelerate the implementation of a slew of policy measures to maintain stable economic performance and ensure market entities and people are well-informed of these policy steps and benefit to the fullest extent, according to a decision made at a recent executive meeting of the State Council, the country’s cabinet, chaired by Premier Li Keqiang. from Free Textile News - Textiles RSS XML Feeds - Fibre2fashion.com https://ift.tt/JFCIU4u from IFTTT

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Cambodia clears 4 textile projects, total 72 approved in Jan-May

The Council for the Development of Cambodia (CDC) late last month approved four textile-related projects worth about $17 million that are expected to create 4,990 jobs. This brings the total number of projects in January-May 2022 to 72, with a cumulative capital investment of nearly $2.66238 billion. These projects are expected to create 60,949 jobs. from Free Textile News - Textiles RSS XML Feeds - Fibre2fashion.com https://ift.tt/3EbQVGW from IFTTT

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State Bank of India revises up FY23 economic growth forecast to 7.5%

The Indian economy is projected to grow at 7.5 per cent in 2022-23, according to SBI Research. This is an upward revision of 20 basis points from its earlier estimate. "Given the high inflation and the subsequent upcoming rate hikes, we believe that real GDP will incrementally increase by ₹11.1 lakh crore in FY23,” SBI chief economist Soumyakanti Ghosh said. from Free Textile News - Textiles RSS XML Feeds - Fibre2fashion.com https://ift.tt/Vi0HFKz from IFTTT

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India-S Korea trade grew by 40% to $23.7 bn in 2021: KOTRA

India-South Korea bilateral trade grew by 40 per cent to $23.7 billion in 2021, according to Korea Trade-Investment Promotion Agency. In 2020, trade between the two sides was worth $16.9 billion. This was disclosed by ambassador of South Korea to India Chang Jae-bok while inaugurating the 4th edition of Korea Fair in India (KFI) 2022 in New Delhi recently. from Free Textile News - Textiles RSS XML Feeds - Fibre2fashion.com https://ift.tt/PDW3viu from IFTTT

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Netherlands’ ZDHC to address microfibres within wastewater

The ZDHC Foundation (ZDHC) and The Microfibre Consortium (TMC) have unveiled details of the next stage of a major initiative to address the issue of microfibres in textile manufacturing wastewater. TMC is a research-led sustainable textiles NGO, working to convene the global textiles sector through the microfibre 2030 commitment and roadmap. from Free Textile News - Textiles RSS XML Feeds - Fibre2fashion.com https://ift.tt/BlV0oPS from IFTTT

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US’ Worldnet acquires Italian service partner Delivery By Express

Worldnet, a premium cross-border logistics firm catering to the fashion and luxury industries, has acquired Delivery By Express (DBE), an Italian domestic and cross-border logistics firm catering to the same industries, and which has been Worldnet’s service partner in Italy for several decades. Worldnet provides domestic and international express services. from Free Textile News - Textiles RSS XML Feeds - Fibre2fashion.com https://ift.tt/LaGNZY5 from IFTTT

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Most of US saw ‘slight or modest’ growth from mid-Apr to May 22: Fed

Most of the US has witnessed just ‘slight or modest’ economic growth from mid-April till May 22, according to a recent Federal Reserve (Fed) report, which said while all 12 Fed districts reported continued growth, four showed ‘that the pace of growth had slowed’ during the previous period. Most districts showed prices rising at a ‘strong or robust’ pace. from Free Textile News - Textiles RSS XML Feeds - Fibre2fashion.com https://ift.tt/sOoGh06 from IFTTT

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1300+ exhibitors register for Techtextil, Texprocess in Frankfurt

The first edition of Techtextil and Texprocess since COVID-19 has reached a booking level of over 1,300 exhibiting companies from 51 countries, 12 international country pavilions and numerous joint stand participants. In anticipation of Techtextil and Texprocess which will begin from June 21, exhibitors are preparing with new and further developments. from Free Textile News - Textiles RSS XML Feeds - Fibre2fashion.com https://ift.tt/WtEMTxB from IFTTT

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ASEAN manufacturing sector growth slows during May: S&P Global

May data signalled another modest expansion across the manufacturing sector in the Association of Southeast Asian Nations (ASEAN) members, according to the latest S&P Global purchasing managers’ index (PMI). Operating conditions improved at a softer pace in the month, reflecting weaker expansions in output, new orders and employment, the data showed. from Free Textile News - Textiles RSS XML Feeds - Fibre2fashion.com https://ift.tt/z3uqB8p from IFTTT

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India’s May production, new orders rise at rates close to Apr figures

Manufacturing sector growth in India steadied in May, with new orders and production increasing at rates similar to those registered in April, according to S&P Global. Companies were able to secure new work despite lifting selling prices at the fastest rate in over eight-and-a-half years as additional cost burdens continued to be transferred to clients. from Free Textile News - Textiles RSS XML Feeds - Fibre2fashion.com https://ift.tt/ywC4MdE from IFTTT

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Interest Equalisation Scheme eased to benefit Indian exporters

Indian government has relaxed a provision to give benefits to more exporters under the Interest Equalisation Scheme (IES) on pre- and post-shipment rupee export credit facility. RBI has issued a circular in this regard and directed commercial banks to provide the benefits as per amended provisions which will open the facility to more exporters. from Free Textile News - Textiles RSS XML Feeds - Fibre2fashion.com https://ift.tt/MgES2LB from IFTTT

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Switzerland's ITMF traces production costs in primary textile industry

The manufacturing costs of different textile products in the primary textile industry have been broken down into various cost elements at each stage of the textile value chain, according to a new report published by the International Textile Manufacturers Federation (ITMF). The federation published the new edition of International Production Cost Comparison. from Free Textile News - Textiles RSS XML Feeds - Fibre2fashion.com https://ift.tt/AtjEz3l from IFTTT

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Denmark’s TRESU introduces new coating circulator for high performance

TRESU, a leading provider of flexographic printing technology and coating solutions, has now introduced a new variant of the third-generation L-series coating circulator: TRESU H5i G3 for high performance circulation in special applications. TRESU has production facilities in Denmark and sales companies in the US, Germany, Italy, Japan and China. from Free Textile News - Textiles RSS XML Feeds - Fibre2fashion.com https://ift.tt/cfxPIwl from IFTTT