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NatureWorks, a supplier of biopolymers such as Ingeo fibres and plastics made from plants, has announced that the company has located its first Asia Pacific (A/P) regional headquarters in Bangkok, Thailand. It has also expanded its team of senior commercial, managerial and technical personnel to enhance support of Ingeo customers throughout the region and to expand business.
Singapore-based apparel company Ocean Sky Global (OSG) is set to be acquired by Hong Kong-listed Luen Thai Holdings for US$55m.
The International Trade Centre (ITC) has rejected criticisms over the misuse of expenses and funds for a sector-wide Cambodian silk project, saying its approach was appropriate and well managed.
Adidas Vietnam has pledged its full co-operation to authorities as officials in the country probe the sportswear giant’s accounts.
Invista, an integrated producer of polymers and fibres, has announced the start-up of a new production line in Singapore designed specifically to produce a series of speciality Lycra fibre products for the Asian region.
Sportswear manufacturer Adidas has rejected claims of labour rights violations in several of its supplier’s apparel and footwear factories in Indonesia.
Sweden-based H&M has hit back at accusations that it fails to pay adequate wages to workers in Cambodian factories making its clothing. Instead it says the situation would be a lot worse if it did not source from the country.
Vietnamese yarn manufacturer Thien Nam Spinning and Chinese polyester fabric producer Shengzhou Sunrise Textile have established a joint venture called Thien Nam Sunrise Textile to build a textile plant in the Bao Minh industrial zone in Nam Dinh province, northern Vietnam.
Indonesia’s Pan Brothers, which makes clothing for such global brands as Calvin Klein and The North Face, plans to launch its own brand of apparel by the second quarter of next year.