Archive: 2014

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JEC predicts steep rise for automotive composites

The second meeting of the new Automotive Composites Circle – an exclusive networking event for top management in the automotive sector – was held during...

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Hong Kong clothing makers shift production to benefit from cheap labour

A group of Hong Kong clothing manufacturers have signed a deal to set up their first industrial park in Yangon, which they expect will reduce...

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Grand Twins sets listing date on Cambodia Stock Exchange

Taiwanese clothing manufacturer Grand Twins International says it will officially list and start trading on the Cambodia Stock Exchange on 8 May after spending several...

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Indonesia's Pan Brothers profits up 50% on increasing sales

Publicly listed Indonesian clothing producer Pan Brothers has achieved a substantial rise in profits last year on the back of surging domestic sales and Asian...

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Myanmar's textile and clothing industry needs 'completely rebuilding’

German textile machinery manufacturer of complete finishing lines Interspare was able to acquire a good appraisal of the textile and clothing industry in Myanmar when...

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BTB Bulgaria opens new clothing factory with 230 jobs

BTB Bulgaria recently opened its second production facility located in Ruyno, near Dulovo in south-eastern Bulgaria.

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Belarusian shirt maker invests in modernisation

Last year, the Dzerzhinsk-based apparel manufacturer Eliz spent more than BYR4bn (US$410,000) modernisation, according to director general Andrei Zhuk.

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Lithuanian textile and clothing exports rise 8.8% in 2013

Lithuanian textile and clothing exports increased by 8. 8% to LTL2.

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Italian plans to invest in Bulgarian textile sector

Italian businessman Edoardo Miroglio (right) is to invest BGN55m (US$38. 8m) in the Bulgarian textile sector in 2014.

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Johnson Controls to sell interiors unit to private equity firm

Johnson Controls plans to sell a division making interior parts to private equity firm Atlas Holdings by the end of April, the company said.

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Turkey manufactures first local aircraft seat

Turkey took another step towards its much-anticipated dream of localising its aviation sector, with the production of the first indigenous plane seat by a company...

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Intelligent textiles in buses and coaches

In co-operation with the University of Ghent and Ghent College and with the support of the European and the Flemish governments, Busworld Academy has started...

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Magna to develop bioplastic for automotive interiors

Canadian Tier 1 automotive supplier Magna International is exploring potential automotive applications for a bioplastic made from by-products of sugar production.

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Chinese textile producers turn to ASEAN region

The rise of the textile industry in South East Asia is bringing challenges – as well as providing opportunities – to Chinese producers.

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Philippine clothing sector seeking alternative to SAVE Act

he Philippine clothing industry says it will re-launch its lobbying efforts to push a law through the US Congress giving it privileged access to American...

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Indorama acquires PHP Fibers

Thailand-based Indorama Ventures, a global producer of polyester precursors, fibres, yarn and components, has agreed to acquire 80% of Germany-based PHP Fibers, a producer of...

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