August 21, 2008 (Portugal)
A Monforts Montex stenter has been installed as part of an expansion programme, by Portugal’s Malhas Sonix following its takeover, to meet added production in new vertical integration.
Malhas Sonix renown since 1966 for its knitwear confectionary, weaving and dyeing for shirts, t-shirts and own brand underwear was recently taken over by the Portuguese Diastêxtil Group.
A confectionary and knitting company Diastêxtil was seeking to diversify with more vertical integration to provide quicker response times for its customers and guaranteed quality control.
Diastêxtil had been formed in 1984 by its president Mrs Conceição Dias and operated as a subcontractor until 1989. Continued investment in new equipment saw production increase to 20,000 pieces / week in 1994 and almost double between 2000 – 2005 to 4.5 million pieces / year.
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August 19, 2008 (Italy)
Inside ECO LUXE, the area set up in the Cavaniglia Pavilion that hosted IAFIL’s bio range of natural organic fibres: BIO and BIO NATURA are the central characters in a production chain that reflects the history behind organic cotton from tuft to thread, from thread to knit, and finally the finished garment.
The IAFIL bios are interpreted in the designs of two great names in Italian fashion: GATTINONI – who has based all its spring/summer 2008 collection on organic, eco-compatible and eco-sustainable products. The IAFIL garment in the Eco Luxe area was presented on the catwalk at AltaRoma in the SS 09 collection and is made with BIO yarn: organic Peruvian pima cotton dyed with natural dyes and ICEA certifited by Istituto per la Certificazione Etica e Ambientale.
SAVERIO PALATELLA – with an extremely precious knitted garment he has interpreted BIO NATURA cotton: The naturally coloured IAFIL Peruvian pima cotton.
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August 18, 2008 (Germany)
BRÜCKNER Plant Technologies is in the market very well know as supplier of systems for the finishing of technical textiles. Despite the strong international competition, the company is proud to have gained in the last years further well known reference customers in different fields of the coating sector.
BRÜCKNER could also clearly enlarge its range of competence in the field of nonwovens technology. BRÜCKNER Plant Technology pioneers new technological ways in both fields: coating and nonwovens.
Innovative concepts for the functionalisation of textiles:
In the sector of functionalisation of textiles BRÜCKNER Plant Technologies (Leonberg / Germany) cooperates narrowly with the leading producers of coating polymeres. As an example we want to mention the cooperation with HUNTSMAN Textile Effects (Langweid am Lech/Germany) for the functionalisation of both sides of planifom textiles in one single drying step. This saves energy and costs.
In addition, the most different textiles - be it woven or knitted fabric, nonwovens or three-dimensional structures - are all over the world coated on tailor-made line concepts made by BRÜCKNER for the most different requirements. The possibilities of application range from protective clothing to a variety of technical appliances.
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August 18, 2008 (Switzerland)
The Rieter Group reported a considerably weaker trend of business in the first half of 2008 than in the very strong equivalent period of the previous year.
The pronounced slowdown in the Asian textile machinery markets, the decline in vehicle production in North America and the massive increases in the cost of raw materials, energy and transportation had a negative impact on orders received, sales and profits in the first six months.
Rieter could not escape the effects of the cyclical downturn in the textile machinery and automotive markets, which is expected to affect the global economy in general.
However, Rieter was able to maintain its strong market position by virtue of its strong brand, good products, global presence and committed workforce.
Mainly as a consequence of the steep decline in demand at the Textile Systems Division, orders received by the group were 32 % lower at 1559.3 million CHF.
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August 13, 2008 (India)
The Investments in the textiles sector are expected to reach Rs. 1,50,600 crore by 2012 and this enhanced investment will generate 17.37 million new jobs in the textiles sector.
Addressing at a function in Kolkata after releasing the booklet tilted “Indian Textiles- The Sunrise Sector, highlighting the achievements of Textiles Sector during the four year tenure of the Government, The Minister for Textiles, Shri Shankersinh Vaghela said that the Indian textiles industry is in a stronger position than it was in the last six decades due to sagacious guidance provided by Smt. Sonia Gandhi, Chairperson, United Progressive Alliance (UPA) and Dr. Manmohan Singh, Prime Minister.
The industry which was growing at 3-4 percent during the last six decades has now accelerated to an annual growth rate of 16 percent in value terms and will reach the level of US $ 115 billion (exports US $ 55 billion; domestic market US $ 60 billion) by 2012.
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August 13, 2008 (India)
Underlining the need of fresh investment in capacity expansion, modern technology and machines, The Associated Chambers of Commerce and Industry of India has suggested entry of the global manufacturers and private equity funds in Indian textile sector to invest in partnership with the small-scale textile units based in India.
Textile sector, victimized by strong Rupee, is suffering from rigid labour laws, technology obsolescence, fragmented structure, infrastructure constraints and lack of iconic brand which has disabled its growth potential and competitiveness in international market, an ASSOCHAM report on `Indian Textiles Sector’ has stated.
“Government should provide appropriate fiscal incentives to the parties interested in investing in textile and clothing to enhance the attractiveness of the sector”, said ASSOCHAM President, Mr. Sajjan Jindal.
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August 13, 2008 (Switzerland)
In the course of preparing its report for the first half year 2008, Oerlikon Group has adjusted its profit forecast to reflect current market conditions, and has recognized impairments of certain assets.
The sharp decline in global textile business, the unfavorable development of foreign currency exchange rates – particularly of the US Dollar vs. the Swiss Franc – and the current weakness in the semiconductor market exert a significant influence on profits for the half year as well as the annual result for 2008. The company now expects the EBIT before impairments for 2008 to be one third lower than in the previous year.
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