The Eurasian geo textile symposium will be held in China in June 2017. This is the first symposium of its kind and will gather all key players in the field of geo textiles. The objective is to support production growth and deliveries in Eurasia. Producers of geo textiles will be connected with new customers and suppliers.
The symposium is designed to cover both nonwoven and woven geo textiles and encompasses the entire value chain, from raw materials to buyers and users of geo textiles, in greater Europe and Asia. China is one of the most dynamic markets for geo textiles. The Asian geo textile market is expected to have the largest demand for geo textiles in the coming few years with China leading the regional claim. Asia Pacific was the largest regional market for geo textiles, accounting for over 43 per cent of global geo textile consumption in 2013.
There is growing demand for geo textile fabrics in the Asia Pacific region due to large infrastructural projects. Countries such as China and India have highlighted geo textiles in their economic plans.
The symposium will cover best practices in specifications of geo textiles, improved understanding of the market for geo textiles and identification of new opportunities for growth.
The only industrial hemp commercial decortication facility in the US has been set up in North Carolina, and is now legalised. Pat McCrory, Governor, passed Senate Bill 313 (by not vetoing it) as ‘an act to recognise the importance and legitimacy of Industrial Hemp research, to provide for compliance with portions of the Federal Agricultural Act of 2014, and to promote increased agricultural employment’, on October 31.
Now, farmers have the option to cultivate hemp with easy access to Hemp, Inc's (OTC PINK: HEMP) multipurpose industrial hemp commercial processing facility in Spring Hope, NC, in North Carolina. Hemp, Inc (OTC PINK: HEMP)’s CEO, Bruce Perlowin says the decision to keep the decortication plant in North Carolina paid off and the company is now more easily able to uphold its commitment to the American farmers in North Carolina.
North Carolina farmers have been committed by Hemp Inc that it would pay more than 10 per cent of the market price for their hemp crops for the first year to boost the industry and help farmers, Perlowin explains. Hemp, Inc, was interested in farmers wanting to process certified organic hemp or those farmers who want to become certified.
This multi-purpose industrial hemp processing facility will process hemp to sell to textile manufacturers and other users and is almost at the start of production. Besides, there is also going to be a testing lab within the facility. David Schmitt, COO of Hemp, Inc. Industrial Hemp Manufacturing, LLC, says, the lab will be for new product development testing and testing raw hemp materials, fibres and hemp-based products. This testing lab, just like the commercial facility, will be the only one for industrial hemp in the US.
African nation Tanzania is looking for investments. The country offers a friendly business environment, underwritten by good investment policy and legislation, as well as a geographic location that makes her a natural regional business hub.
The country has a sizeable market of 48 million people, has raw materials, semi-skilled and skilled labor as well as great incentives for investment. Investments in Tanzania are guaranteed against political risks. The country enjoys an abundance of natural wealth, including unexploited mineral wealth. The climatic and soil conditions give it a comparative advantage in farming a variety of crops.
Tanzania has quota free and duty free entry to the US, Canada, South Korea, China, Japan. So a factory established in Tanzania has a larger market than the national borders. Currently VF Corporation is placing orders in one factory in Tanzania and is considering increasing purchasing from other sewing factories in the country.
Investors are not compelled to enter into joint ventures. Foreigners can have 100 per cent owned investment. Moreover Tanzanian currency is freely convertible to all major currencies and transfer of capital and profit is allowed. Some companies from the UAE have already invested in Tanzania in the petroleum exploration, tourism, mining and other sectors.
Busi Giovanni the Italian socks knitting machine producer has come up with a new knitting machine for medical hosiery industry. The Busi Twin Layer is a high production single cylinder sock machine with latch needles in the dial that enables it to produce technical sports socks with twin fabric. The machine is based on the Busi Idea Terry and it has all the same features and knitting possibilities.
The machine is provided with a patented device that uses the dial needle for production of an internal layer and the cylinder needles for the production of the external layer.
The family owned company has also launched two new medical hosiery knitting machines for large sized medical hosiery. The medical pantyhose, with needle counts from 226 to 366, and the medical terry pantyhose, with needle counts from 226 to 280, enable the production of large socks and pantyhose. Since 1958 Busi Giovanni has specialised in design and construction of single cylinder machines with rib needles in the dial for the production of high quality stockings, socks and tights.
Its products cover a wide area for the men’s, women’s and children’s markets -- classic, patterned, sports, technical sports as well as medical, with special solutions for graduated compression.
German manufacturer of worsted yarns for flat and circular knitting sectors, Schwaig-Südwolle Group is set to acquire 100 per cent of Safil and 80 per cent of GTI, the two Italian yarn spinning operations controlled by the Savio family.
Südwolle will acquire Finsavio spa, which owns 100 per cent of Safil and 50 per cent of GTI according to a deal. Currently, GTI controls the remaining 50 per cent. Alberto Frignani, Founder and CEO of GTI will sell most of his stake but retain a 20 per cent share and continue to lead the company as CEO. Sons of founder of Safil, Fernando Savio and owners of Finsavio spa, Alberto Savio and Caesare will continue in their roles at Safil as a part of the wider Group Südwolle.
The deal will help Südwolle in further diversifying its product portfolio, particularly in specialist luxury yarns, and increasing its presence in Europe with vastly improved access to key Italian market. GTI and Safil are both family businesses, which at present generate the majority of their turnover in Italy. Both would benefit from this deal from the global dimension of the Südwolle Group for further growth.
CEO and Managing Director of Safil, Cesare Savio believes that Group Südwolle is a perfect strategic partner for Safil that would enable their company to reach a global dimension and to have access to new types of customers and supply structures in Europe and beyond.
CEO of GTI, Alberto Frignani is convinced that with its new partners Südwolle Group, GTI will be in an excellent position to develop its own unique know-how in carded and combed spinning of natural fibres and innovation product.
Swedish cleantech company OrganoClick has signed a distribution agreement for its textile functional additives in the Taiwanese market with Pinnacle Tek. Taiwanese distributor Pinnacle Tek, has a broad network in the Taiwanese textile industry, and will sell and market OrganoClick's durable water repellent (DWR) that is used for the production of OrganoTex in Taiwan.
Eric Ying, Managing Director for Pinnacle Tek and former President of the Taiwan Textile Federation said that the interest for eco-friendly chemistry is a fast growing trend in the Taiwanese textile industry. Therefore, they were happy to work with OrganoClick who are in the forefront regarding the development of green functional chemistries for textiles.
Since last year, OrganoClick has been focusing on collaborations with local distributors in the Chinese, Taiwanese, South Korean and Japanese market. Mårten Hellberg, CEO OrganoClick said that with distribution in place in Taiwan, they would reach a large number of the textile factories that are sourced by western sport and outdoor brands. To be able to offer the textile factories an easy and quick delivery and technical support by a local partner is very important to get acceptance on the market, he added. Hellberg further stated that this association will give them a good platform to penetrate the market.
Indian apparel and knitting technology fair - Garment Technology Expo (GTE) in its 22nd year, will be held from February 26 to 29, 2015 at NSIC Exhibition Complex, Okhla, New Delhi. The platform provides opportunity for garment manufacturers and technology providers to form a dialogue, source and access latest launches and development in the apparel and knitting industry.
Exhibitors get a chance to showcase latest in garment and knitting production technologies to the visitors, while also getting an opportunity to get acquainted with the global trends to upgrade their manufacturing processes. This time, the organisers claim to have already sold about 80 per cent of the exhibition area. Sighting demand for digital textile printing machinery, this edition will have two dedicated halls for the segment.
The event is also being marketed aggressively to garner attention of companies across India. The initiatives include advertising campaigns through publications, banners as well as radio medium apart from direct e-mailers to around 60,000 companies. The show will host trade visitors including exporters and domestic manufacturers from various parts of the country and neighboring countries like Bangladesh, Nepal, Sri Lanka, Pakistan and Myanmar. The profile of the exhibitors taking part in the expo are from the companies dealing in CAD/CAM, sewing, spreading, fusing, laundry, finishing, cutting, printing, embroidery, testing equipment, knitting, dyes and chemicals, software solutions, spares parts, attachments, accessories and trims and support services.
The soon to be announced Textile Policy with an ambitious target of achieving 20 per cent share of the global textile trade is set to help the domestic industry attain a size of $650 billion by 2024-25 by focusing on investments, skill development and labour law reforms. The policy blueprint, termed the ‘Vision, Strategy and Action Plan’ for the textiles and apparel industry, lays thrust upon diversification of exports through new products and markets along with increasing value addition and promoting innovation and R&D activities.
The textile industry is expected to attract investment worth $120 billion by 2024-25 and create about 35 million additional jobs in the process. Exports are also expected to rise from the current $39 billion to $300 billion by 2024/25. The action plan notes that attracting the required investment entails ready availability of developed land with adequate infrastructure, skilled manpower and easy connectivity to ports, along with creation of new mega textile parks, lowering the cost of production and logistics, and encouraging new entrants through start-ups as well as FDI.
Along with the growth of the textile industry, the textile machinery segment too is expected to double to Rs 45,000 crores in the next seven years from the present Rs 22,000 crores on the back of implementation of the new projects and increased focus on setting up textile parks.
Overall optimism supported by these announcements has led to many Indian textile companies planning their investments for future capacity expansion. For instance, companies like Trident, Welspun, Nandan Denim, KPR Mills, RSWM, Indo Count, Sutlej, Arvind, Raymonds, Himatsingka, Nitin Spinners and Mafatlals have announced significant investments in areas like home textiles, denim and garmenting.
Experts point out that the Indian textile industry going through a consolidation phase, now has 30 companies with a turnover of more than $200 million, and many of them are registering double-digit growth. There are another 100 companies which are seen as star performers of the future.
Industry players have realised that innovation is a key to growth and for that they must invest in R&D. Industry experts say that the companies have been trying to create unique products after the abolishment of the global textile quotas in 2005. The government’s technology upgradation fund scheme (TUFS) has further helped them focus on installing new technology.
There is an ongoing debate in the United States on how the Trans Pacific Partnership can benefit the country. Manufacturing workers and unions think another free trade deal will inevitably hurt them. The last half-century of globalisation, they feel, has coincided with a massive loss of blue-collar jobs.
Big business is mostly in favor of the deal, although not universally so. Tobacco companies are unhappy that it deprives them of the right to sue countries that restrict trade by limiting cigarette sales. Pharmaceutical companies complain that they aren’t getting enough protection for their patents.
Hollywood, Silicon Valley and agribusiness mostly like the deal, which protects entertainment copyrights, eases the flow of data across borders and opens doors for US exports of meat and rice to Asia.
However the TPP isn’t only about trade. It’s also about economic reform, higher labor standards and environmental protection in developing countries such as Vietnam and Malaysia. And it's a way to knit countries on the Pacific Rim into a trading system that the United States helped design instead of one run by China.
However, there is a growing conviction TPP will not create jobs, protect the environment or ensure safe imports. Rather it appears modeled after the North American Free Trade Agreement, where the largest global corporations benefit and working families are left behind.
Zambia has had a significant increase in cotton production in the 2014-15 agricultural season. Seed cotton production rose from 95,000 metric tons in the 2013-14 farming season to 1,15,000 metric tons in the 2014-15 season.
The increase in cotton production is attributed to continued private sector-led input and market service delivery by ginning companies. Ginning companies spent in excess of $16 million in input provision to cotton farmers and were able to recover an average of 80 per cent input loans at marketing from the farmers.
The improved rate of input loan recovery from an average of 65 per cent in the previous season to 80 per cent was due to both adherence to the code of conduct that the ginners had signed prior to commencement of the 2014-15 marketing season and the strict monitoring and implementation of the cotton act by the cotton board of Zambia.
Farmers sold cotton only to ginners that pre-financed them with inputs. Apart from promoting cotton production, most ginning companies have extended their production and marketing support to maize and soya beans in an effort to improve not only cash earning crops among small-holder farmers, but also to enhance food security.