Rising local production costs have pushed five major Thai clothing manufacturers to relocate to Vietnam, transferring combined investments worth around THB1. 5bn (US $50m).
Zoltek has restructured its carbon fibre business into three units focusing on wind energy, composite intermediates, and technical fibres.
In 2010 Lantal Textiles’ consolidated sales declined to CHF82m from CHF86m a year ago.
Shareholders of Switzerland’s Rieter Group have approved a proposal to separate its Textile Systems and Automotive Systems divisions into two distinct listed companies with independent…
Light industry enterprises in Ukraine have decided to ask the government and the national parliament for protection and support.
The Russian government is considering implementing a number of measures to address the projected shortage of cotton in the country this year.
Plans to rebuild Tajikistan’s cotton industry have taken a step forward after a new US $30m modern spinning mill, funded by the Eurasian Development Bank…