In its attempt to restore the jute industry, Bangladesh Bank (BB) has created Tk 5 billion worth re-financing fund for them. The fund was recently approved by the Board of Directors of BB and it will be distributed to 16 public listed jute mills, through state-owned commercial banks. The decision of creating this fund came in accordance with the Prime Minister, Sheikh Hasina’s directive of creating a fund, during a meet at her office in January. The BB officials informed that, these 16 jute mills had, during the period July-January, acquired around Tk 8 billion worth of raw jute. However, they failed to acquire more quantity, despite the requirement, due to scarcity of funds. The central bank officials stated that financial crisis for jute mills will come to an end as they will be able to obtain funds from BB’s refinancing fund.
Messe Frankfurt announces the launch of Texprocess Americas in cooperation with SPESA (Sewn Products Equipment & Suppliers of the Americas), April 24 - 26, 2012 at the Georgia World Congress Center in Atlanta, Georgia. Messe Frankfurt USA and SPESA have concluded agreements to cooperate, co-produce and launch Texprocess Americas in Atlanta in 2012. Texprocess Americas will incorporate SPESA EXPO to bring to the Americas the largest and best sewn products and equipment trade show of its kind. The collaboration between SPESA and Messe Frankfurt USA to coproduce Texprocess Americas will provide sewn products suppliers an even larger, and wider reaching opportunity to showcase their products and services. David Audrain, President of Messe Frankfurt USA is extremely pleased to have finalized the agreement and declared that “Building upon the launch of Texprocess in Europe we believe that the combination of Texprocess Americas (in partnership with SPESA) and Texprocess will position the Texprocess brand as the most important series of events in the processing of textiles and flexible materials. We look forward to expanding our excellent relationship with SPESA.” “Our capacity to meet the challenges of today rests more and more upon partnerships with others in a spirit of teamwork…forward thinking, innovative people who can cross boundaries, collaborate, and form partnerships to foster growth within the sewn products industry” stated Frank Henderson, SPESA Chairman and President of Henderson Sewing Machine Co., Inc. “As the only trade association in the U.S. that solely represents suppliers to the sewn products industry, SPESA’s primary goal is to provide value to our members and their customers. The agreement between SPESA and Messe Frankfurt to co-produce Texprocess Americas will not only benefit our members but will help both suppliers and their customers achieve economies of scale and value-added results. We are excited about the agreement and the prospects for the future” commented Benton Gardner, President of SPESA on the collaboration. And the SPESA Vice-Chairman and President of [TC]2, Dr. Mike Fralix shares this sentiment and added “We are very pleased with the relationship that has been established with Messe Frankfurt and look forward to expanding the scope of SPESA’s trade show capabilities through this partnership.” Texprocess Americas Texprocess Americas will be the second show launched under the Texprocess brand in the Messe Frankfurt worldwide portfolio. Texprocess Americas provides a platform for leading international manufacturers to present their latest machines, plant, processing, IT systems and services for making up textiles and other flexible materials. The Texprocess brand was founded in conjunction with the Garment and Leather Technology Association of the Federation of German Machine and Plant Manufacturers (Verband Deutscher Maschinen und Anlagenbau – VDMA). On the announcement of Texprocess Americas, Elgar Straub, Managing Director of VDMA remarked “Congratulations to SPESA and Messe Frankfurt USA on the expansion of SPESA EXPO into Texprocess Americas! The market knowhow of SPESA together with the trade show organization knowhow of Messe Frankfurt paves the way for a strong show in the future. For the exhibitors of garment machines and technology, the new concept is the unique chance to reach North American producers of technical textiles such as car seats, airbags, composites or upholstery as well as the many excellent garment manufacturers in Latin America. Together with Texprocess - the new leading international trade show for processing textile and flexible materials - in Frankfurt, Germany, JIAM in Japan as well as CISMA in Shanghai, China, Texprocess Americas in Atlanta will belong to the four leading trade shows of the branch.” Know More SPESA EXPO
I've Got A Notion, a local and online retailer of sewing supplies, sewing notions, and sewing machines, is announcing an expansion of their inventory and services to accommodate the needs of their customers. Providing customers with all their sewing needs from sewing thread, sewing buttons, scissors from such name brand manufacturers as Gingher, Mundial, Kai, Coats and Clark, Dill, JHB, Streamline, Dritz, and Singer has always been their priority, and is what makes them a leader in sewing supplies and sewing machines sales and service. Year round, they offer a number of sewing classes from beginner classes such as learning to use a sewing machine and sewing machine safety to more advanced and intermediate classes involving quilting and dress making. Taught by their staff of experienced instructors, their sewing classes fuel creativity for new and exciting projects. I've Got A Notion has been providing professional sewing machine repair and maintenance services for over ten years. Their staff of experienced repair technicians are Janome factory certified and trained to ensure that the sewing machines they repair are in optimal working order. They offer services from general maintenance, including cleaning and oiling, to drive belt replacement or repair, timing and tension adjustments, feeding and pressure adjustments, and gear or motor replacement. Those who are interested in any of their professional sewing machine repair or maintenance services can contact their sewing store or visit their website.
With a major order in the range of tens of millions of Euros for the manufacturer of textile machinery and plant engineering, the company closed the business year 2009. The orderer of the new staple fiber production plant is the well-known Korean company Hyundai Engineering that is responsible for an overall project for which Oerlikon Neumag will deliver the plants. Exactly at the end of 2009 the business year could be concluded with a major order in the range of tens of millions of Euros. The order comprises of two production lines for the staple fiber production, each with a capacity of 200 tons per day. Here Oerlikon Neumag supplies the fiber spinning plant and the entire fiber line equipment. In addition, the company carries out the supervision of erection works and the commissioning. In future, the plants will produce staple fibers from polyester that are also known as „cotton type”. In the following manufacturing process, the polyester fibers will normally be blended with cotton and then spun as textile yarns. “For this important project, we opted for Oerlikon Neumag as this company offers large technology know-how and the expertise for our high demands. In addition, Oerlikon Neumag often showed that this company is a reliable and competent partner for the development, production and installation of major staple fiber plants”, says Beom Seob Sim, General Manager of Hyundai Engineering. With more than 50 production lines of this plant type sold since 2002 and with a 25% share in the worldwide market in polyester staple fiber, Oerlikon Neumag again underlines with this major order its leading position in this market segment. The manufacture of the plant is planned for 2010 and the commissioning for mid 2011.
Texpo Eurasia 2010 27th Textile, Woven, Yarn, Finishing, Knitting, Hosiery Machines, Side Industries and Chemicals Fair will be held concurrently with 7th International Istanbul Yarn Fair and Hightex 2010 3rd Ðstanbul Technical Textiles, Nonwoven and Weaving Technologies Trade Fair.
Terrot as one of the world brand leader is among the exhibitors at ITMA Asia 2010. Together with our partner ERKO SINAÐ ÜRÜNLER MÜMESSÐLLÐK TÐC.LTD.STÐ we would like to invite you to visit our booth 209-B in hall 2 where we will exhibit machine models:
- UP472 and SCC572 Open Width Frame
Exhibition machine model UP472
TERROT Mini-Jacquard machines are among the most successful and most frequently sold Terrot models over the world. When it comes to the manufacture of fabrics as Mini-Jacquard or 8-lock structures, model UP472 offers exceptional flexibility and economy. The machine can be converted for production of the entire structure spectrum in a few easy stages.
Nisshinbo Textile Inc is a world-class vertically integrated textile manufacturer of various types of textiles like denims, textile fabrics and apparels. In order to strengthen its global competitiveness, it has transferred production of general-purpose textile products to China and Indonesia.
Now, Nisshinbo Textile Inc. is holding talks with an Indonesian company to set up a joint venture for manufacturing denim in Indonesia, the production of which is slated to begin in May 2011. However, Nisshinbo will retain the current output levels in its plant in Japan.
The joint venture will set up a vertically integrated production facility, which includes production lines for spinning denim yarn, weaving and a rope dyeing plant. A few machineries like the rope dyeing plant and weaving machineries are expected to be relocated from Nisshinbo’s existing facilities.
Fibre2fashion spoke to Masaharu Tanaka, a senior official in the denim section of Nisshinbo Textiles, who gave confirmation of the new development, but refused to divulge more details, since negotiations on setting up the joint venture have not yet been completed. Read More..
ZIMMER AMERICA is announcing its participation at the ATME-I / SPESA and MEGATEX 2010 show this year from May 18th, 2010 to May 21st, 2010 in the Atlanta Georgia World Congress Center which will be held also in conjunction with TECHTEXTIL North America, the very successful technical textile show organized by MESSE FRANKFURT every two years. In booth 2214, ZIMMER will inform about the latest innovations in rotary screen printing, digital textile printing systems, coating and laminating of textiles and other roll to roll substrates with conventional screen or knife coating systems as well as HOT MELT coating and laminating systems by LACOM company of Germany Other areas of printing and finishing machinery will be ZIMMER Austria's CHROMOJET digital carpet printing system as well as carpet back coating conventional with latex or PVC for carpet tiles. HOT MELT carpet back coating for residential, commercial and artificial turf applications by LACOM company of Germany. Principals represented by ZIMMER AMERICA that are participating at the MEGATEX are: ZIMMER AUSTRIA, LACOM, Germany; FIMAT, Italy; EHWHA stenter frames, the largest stenter manufacturer in the world with 20 textile stenters, pin or clip, shipped every month from the brand new state of the art facility in Korea. ZIMMER AMERICA will also present the newly formed BEMATIC GROUP Non Woven machinery and complete production plants, consisting of BEMATIC cards and air-laid, TEXNOLOGY, the worlds most advanced cross lappers, TECTEX needle looms and boards, all state of the art Italian machinery makers with long traditions and international patents for various processes. In addition ZIMMER AMERICA represents exclusively in USA and Canada BOMBI Meccanica for their complete product line of ovens for thermobonding, drying, calanders and terminal equipment for complete Non Woven production lines.
