Friday, 16 April 2010

Embroidery and Direct To Garment Extravaganza by SWF


Whether you are starting a business or want to improve your existing business, the Embroidery and Direct To Garment Extravaganza 2010 hosted by SWF East is a two-day education and workshop conference devoted to apparel decorating. This 2-day event June 18 -19 in Louisville, Kentucky at the Hilton Garden Inn is an opportunity to take advantage of in-depth education from top industry suppliers; learn about the latest in apparel decorating equipment and new technology. Demonstrations on machines and techniques will be shown providing an opportunity to have any questions answered about embroidery machines, software, hooping, screen printing presses and direct-to-garment digital printing.

Some of the free seminars include “The Business of Apparel Decorating”, “DTG A To Z” and “How to Sell to Sports Teams”.There are also four formal advanced classes available “Advanced DTG Machine Maintenance”, Advanced SWF Machine Maintenance” and “Advanced Getting Your Business Found on the Web” on Friday and “How to Profit from Rhinestones” on Saturday, each for a small additional fee.

Attendees can walk the floor on a come-and-go basis to see hands-on demonstrations conducted in the exhibitor’s area. Participating suppliers include SWF East, Topsail Sportswear, Ideal Image, Sierra, and Dakota Collectibles among others. Included in the admission price all attendees receive a buffet deli style lunch that will be available from noon to 1 p.m. each day. This is the perfect opportunity to network with peers in your area.


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Celebrating 100 days of FIBRE - A non-stop insight into the fibre industry

Thursday, 15 April 2010

Govt supports investment in new textile machinery



The federal government will fund 20 percent of the capital cost, with an investment in machinery and plants not exceeding Rs 10 million, for textile projects.

A Technology up-gradation Support Order, 2010, to support investment in textile machinery and plant, has been issued by the Ministry of Textiles. Under this order, the textile sector stakeholders can avail of loans till June 30, 2014, the time till which the order is valid.

As per the order issued by the textile ministry, fifty percent of mark-up subject to a maximum of five percentage points per annum, or whichever is less, will be borne by the federal government.

For this investment support programme, all existing and new textile units registered with the ministry will qualify. Loans given out prior to September 1, 2009, will not be eligible for mark-up support. Only technology and machinery recognised under the order, by the ministry’s financial and technical committee, will receive investment support.

This facility will be governed by commercial banks and development financial institutions, which will also assess the feasibility of the projects and financial requirements. However, the credit risk under this plan, will not be the government’s responsibility.

Monday, 12 April 2010

Indo Garment and Textile 2010 is back to provide you more!!


The success of Indo Garment and Textile 2009 that attracted more than 8000 visitors both local and overseas has provoked us to bring on once again Indo Garment and Textile 2010 (IGT 2010).

IGT 2010, The 3rd International Exhibition on Garment and Textiles Machinery, Manufacturing Technology, Materials and Services will be held on 6th – 9th May 2010 at Jakarta Convention Centre, Senayan, Indonesia.

For the last two years, IGT has become the most anticipated event which is able to connect the link among R& D delegates, manufacturers, traders and buyers. Supported by the Ministry of industry of Indonesia and other related associations, IGT aims to maintain its objective by providing good quality exhibitions and trade visitors. Ministry of Trade 2009, Marie Elka Pangestu says, “The exhibition is very exciting. This year we have 265 exhibitors, which is an increase of more than 100% compared to last year’s show…The organizer has done a good job!”

IGT is open from 10 am to 7 pm for trade and business visitors only. Admission is free by invitation or on-the-spot registration with business card required. Those in shorts, slippers and below 16 years old are not permitted entry.

The exhibition is held by Krista Exhibitions which specializes in organizing professional MICE for more than 15 years.

Saturday, 10 April 2010

Spectro LFP Series 3 t o be used in digital textile printing



The Spectro LFP RT, leading spectrophotometer for color measurements in digital large format, flatbed and industrial printing again got several improvements and is now available as Series 3 edition.

Accurate measurements of transparent and reflective media, thick and heavy media, big measuring aperture and fully automatic measurements: these are the special characteristics which until now kept the Spectro LFP unique worldwide. All these features also the Series 3 device does combine.

Versatility, user friendliness and new application fields where the keywords for implementing the improvements of the Spectro LFP Series 3. The main improvements are:

- Switchable measuring aperture of 8, 6 and 2mm.
- Polarization filter for 8, 6 and 2mm aperture.
- Electrostatic sample holder

Especially for new application fields such as digital textile printing the larger aperture of 8mm is fundamental to gain the maximum measuring accuracy. Combined with the special measuring geometry and the fully automatic measurements it is the ideal device for this application. For high resolution prints the smaller apertures are preferred.

The polarization filter allows measuring also the most crucial and exotic materials with shining surfaces or inks.

For easy mounting of most different thin, reflective media (including textiles and fabrics) a special electrostatic sample holder is available. Thanks to this the charts can be placed and fixed easily and quick.

Thanks to its special features the Spectro LFP became market leader in digital large format, flatbed and industrial printing and the Series 3 device again confirms and strengthens this position. It allows measuring every kind of media, will it be transparent or reflective, thin or thick gaining always the maximum accuracy.

Same as the Spectro LFP Series 2 also the Series 3 devices are driven by most important Rip software.

Tuesday, 6 April 2010

Come Clean Go Clean protocol gets cotton machinery moving


mEmerald Irrigation Area’s weather-delayed cotton harvest finally moved into gear in the second week of March with growers and contractors endorsing the new ‘Come Clean - Go Clean’ protocol to reduce the spread of the exotic Solenopsis mealybug.

Department of Employment, Economic Development and Innovation (DEEDI) cotton extension officer Susan Maas at Emerald said researchers from DEEDI and the cotton industry have paved the way for the effective use of Pulse Penetrant to disinfest farm machinery.

Cotton Australia CEO Adam Kay said the evaluation and subsequent approval of an Emergency Use Permit for Pulse Penetrant by DEEDI’s Toowoomba-based researchers enabled the development of a robust Come Clean Go Clean protocol.

"Cotton Australia has worked closely with our researchers and the Queensland Government to develop a protocol that implemented correctly, we now feel confident about being able to severely limit the spread of mealybugs both within the affected areas and to other cotton regions," Mr Kay said.

"We are pleased that Biosecurity Queensland has an inspector on the ground to assist the cotton industry with their inspections and that picking contractors can now move with confidence.

"All cotton growers are advised to visit the Cotton Australia website for a copy of the protocol and the Nufarm Pulse Penetrant permit and label directions recommending a spray concentration of 500 ml per 100 litres applied to all machinery surfaces to the point of run-off."

Cotton farm equipment leaving Central Queensland must be inspected as per the Come Clean Go Clean protocol. Inspections can be arranged by contacting Natalie Dearden on 0427 843 107 or Michael Benham on 0429 565 453 with a 48-hour notice requirement.

DEEDI senior entomologist Dr Melina Miles, Toowoomba, has overseen Pulse Penetrant machinery disinfestation trials to assess the mortality of nymph and adult mealybugs.

Ms Maas said the positive trial findings indicated that Pulse effectively dissolved the waxy coating of the mealybugs delivering close to 100 per cent mortality.

Trials were currently underway to study the survival of the Solenopsis mealybug without a food source to give some indication of how long they can live on machinery surfaces. Early results show that crawlers die within 24 to 48 hours but 50 per cent of adult (3rd instar) mealybugs at the egg laying stage were still alive after two weeks.

A coordinated industry investigation identified 58 fields with mealybugs present but of these, only 19 cotton blocks recorded crop losses of around 100 sq m with the total infected area within the Emerald Irrigation Area totalling just under 100 ha.

Ms Maas said in-field observations at Emerald had shown a rapid build-up of natural mealybug predators.


Friday, 2 April 2010

Oerlikon expects modest recovery of business volumes



Oerlikon Group announces its annual results for 2009 as well as the successful conclusion of negotiations with its lenders and main shareholder Renova regarding a comprehensive financial restructuring of the company. The agreed restructuring package, which includes a CHF 1 000 million rights offering, will be implemented in the first half of 2010. The agreed measures are expected to strengthen the equity base of Oerlikon by up to CHF 1.3 billion and reduce net debt by CHF 1 050-1 300 million (approximately 77 percent) as further summarized below.

"Together with the ongoing operational restructuring, the financial restructuring will provide the basis for bringing Oerlikon's business segments back to profitability and support their sustainable long-term development," says Vladimir Kuznetsov, Chairman of the Board of Directors.

Hans Ziegler, CEO of Oerlikon Group, comments: "We are returning Oerlikon to a solid and sustainable operational and financial footing which will put us in a position to generate profitable growth again in the future".

"The financial restructuring will significantly strengthen our equity base and reduce Oerlikon's indebtedness to a sustainable level. In addition, it will remove short-term refinancing risk and repayment risk until maturity of the new loan facilities in June 2014. Together with the ongoing operational restructuring, the financial restructuring will lay the foundation for bringing Oerlikon's business back to profitability and support its sustainable long-term development", comments Jürg Fedier, CFO of Oerlikon Group.

The substantial indebtedness resulting from the debt-financed acquisition of Saurer in November 2006 combined with the subsequent unprecedented downturn of the global economy in 2008 and 2009 have had a significant detrimental effect on Oerlikon's financial position. The abrupt and substantial drop in demand for Oerlikon's products and services during the economic downturn has heavily impacted the Group's profitability and has made the current level of debt unsustainable.

The company has now reached agreement with its largest shareholder Renova and the lenders of the CHF 2.5 billion syndicated loan facilities regarding a comprehensive financial restructuring of Oerlikon. Cornerstones of the financial restructuring include:

• a capital decrease in the form of a nominal value reduction from CHF 20 to CHF 1 per share;
• a subsequent capital increase by means of a CHF 1,000 million rights offering of 268.7 million new shares to existing shareholders at an issue price of CHF 3.72 per share, with a commitment of Renova to exercise its subscription rights and a backstop commitment by the lenders to subscribe for any remaining new shares for which rights have not been exercised in the rights offering (other than by Renova) against conversion of debt;

Thursday, 1 April 2010

Oerlikon expects modest recovery of business volumes



Oerlikon Group announces its annual results for 2009 as well as the successful conclusion of negotiations with its lenders and main shareholder Renova regarding a comprehensive financial restructuring of the company. The agreed restructuring package, which includes a CHF 1 000 million rights offering, will be implemented in the first half of 2010. The agreed measures are expected to strengthen the equity base of Oerlikon by up to CHF 1.3 billion and reduce net debt by CHF 1 050-1 300 million (approximately 77 percent) as further summarized below.

"Together with the ongoing operational restructuring, the financial restructuring will provide the basis for bringing Oerlikon's business segments back to profitability and support their sustainable long-term development," says Vladimir Kuznetsov, Chairman of the Board of Directors.

Hans Ziegler, CEO of Oerlikon Group, comments: "We are returning Oerlikon to a solid and sustainable operational and financial footing which will put us in a position to generate profitable growth again in the future".

"The financial restructuring will significantly strengthen our equity base and reduce Oerlikon's indebtedness to a sustainable level. In addition, it will remove short-term refinancing risk and repayment risk until maturity of the new loan facilities in June 2014. Together with the ongoing operational restructuring, the financial restructuring will lay the foundation for bringing Oerlikon's business back to profitability and support its sustainable long-term development", comments Jürg Fedier, CFO of Oerlikon Group.

The substantial indebtedness resulting from the debt-financed acquisition of Saurer in November 2006 combined with the subsequent unprecedented downturn of the global economy in 2008 and 2009 have had a significant detrimental effect on Oerlikon's financial position. The abrupt and substantial drop in demand for Oerlikon's products and services during the economic downturn has heavily impacted the Group's profitability and has made the current level of debt unsustainable.

The company has now reached agreement with its largest shareholder Renova and the lenders of the CHF 2.5 billion syndicated loan facilities regarding a comprehensive financial restructuring of Oerlikon. Cornerstones of the financial restructuring include: