Archive: 2016

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Vietnamese textile exporter raises nearly US$6.9m in IPO

State-controlled Gia Dinh Textile and Garment sold more than 15m shares, equivalent to a 24. 28% stake, for more than VND155. 8bn (US$6.

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Serbian women’s centre seeks investment in recycled fibres venture

The Women’s Center Uzice in Uzice, Serbia, is seeking an investment of €180,000 (US$200,000) in a venture to recycle textile fibres.

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Apranga opens first Sandro, Maje stores in the Baltics

Lithuania-based Apranga, the largest Baltic fashion retail chain, has opened the first Sandro and Maje stores in the Baltic countries, reports LETA/BNS.

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Russia's Kira Plastinina pulls back from foreign expansion

Kira Plastinina, a Russian clothing network owned by the daughter of Russian billionaire Sergey Plastinin, has revised its earlier announced plans for global expansion in...

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Bulgaria discusses co-operation with Turkmenistan

Opportunities for partnerships in the textile industry between Bulgaria and Turkmenistan were discussed at a recent meeting between Atamurat Ataev, Deputy Minister of Textile Industry...

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Trendtex to invest in Gornji Milanovac

Production is planned to restart at the former Rudnik textile plant in Gornji Milanovac, Serbia, by the end of April with 300 workers employed.

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World Bank urged to suspend loans to Uzbekistan

Human rights advocates have petitioned the World Bank, calling on it to suspend payments to the Uzbek government until it stops the use of forced...

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Takata to sell automotive interiors division

Takata, the embattled Japanese manufacturer of rupture-prone airbags, has put its automotive interiors division up for sale in a move to improve the company’s balance...

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Testing the permeability of aerospace fabrics

Versaperm has developed a next-generation solution to test the permeability of aerospace fabrics.

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Automotive seating innovations discussed

Innovative inkjet printing for car seat covers has been introduced by Johnson Controls.

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Fossil-free model car with roof made of carbon fibre

Researchers from Innventia, Swerea and KTH Royal Institute of Technology have developed a model car to demonstrate that lightweight, fuel-efficient cars of the future can...

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H Dawson acquires controlling stake of Axminster Carpets

H Dawson Wool, an international wool merchant based in Bradford, West Yorkshire, UK, has acquired a controlling equity stake in Axminster Carpets, which has operated...

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Indorama Synthetics opens ninth textile plant in Indonesia

Indorama Synthetics, Indonesia’s biggest producer of textile raw materials, has started production at a US$40m spinning mill facility in Purwakarta, West Java says the country’s...

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Sritex signs deal to supply uniforms to Cambodia

Indonesian firm Sri Rejeki (Sritex) has signed a US$50m deal with Cambodia’s Ministry of Interior to supply the country’s police and armed forces with new...

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Malaysian kenaf fibre in high demand in China and Thailand

National Kenaf and Tobacco Board chairman Datuk Mohd Adhan Kechik said that, during the October 2014 – December 2015 period, Malaysia exported 760 tonnes of...

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Lingerie producer to open third plant in Myanmar

Bogart Lingerie is set to open its third plant in Myanmar in June, three years after becoming the first international lingerie manufacturer to set up...

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