Monday, May 17, 2010

Textile Business Networking Forum in Bangalore from June 4


Business Networking Forum (BNF) will begin from the 4th of June 2010 and will last till the 6th of June 2010.

Business Networking Forum is a platform for the entire textile value chain - right from yarn to fashion; from manufacturing, supply chain logistics & fashion retailing to support systems like technology, transport, warehousing, training, & retail infrastructure.

Business leaders, experts, and policy makers & implementation agencies of the inter-related sectors now get a convenient platform to meet and discuss issues, to network, and to share knowledge on the opportunities and challenges.

In order to make BNF a highly interactive, meaningful and productive assemblage for the industry stalwarts and the dignitaries, BNF proposes to hold the conference alongside the exhibition to create an opportunity for all to listen to the industry leaders as well as getting a feel of the Indian textiles. Dr. PR Roy is the chairman of the Advisory Panel of this Business Networking Forum.

This conference is being organized by SS Textile Media Pvt. Ltd., who is very reputed and renowned company, engaged in organizing trade fairs and events. The company provides entire gamut of organizational services to its esteemed clientele.

SS Textile Media boasts of well trained and talented professionals who do their best to cater the clients with the best services in the industry. BNF is being rigorously marketed by www.fibre2fashion.com - world’s largest B2B platform for the global Textile-Apparel and Fashion industry and constituently is the Marketing Partner of the event.

The conference will deal with many current issues concerning the textile industry today. There will be many deliberations by some of the renowned and prestigious people from the textile fraternity.

The conference will deal with subjects such as, “Integrated Supply Chain for the Textiles & Clothing sector - How to get there?”, “Deciphering the Unique Identify or USP of Textiles & Clothing Industry of India and the sub-continent”, and a lot more topics will dealt with in this three day conference. 

Friday, May 14, 2010

Textile industry to showcase latest achievements at QITMF


The 11th China (Qingdao) International Textile Machinery Fair (QITMF 2010) will be held in Qingdao International Convention Center, Shandong on 15 - 17 September 2010.

Riding on the success of the past ten years, the Fair is rooted in Shandong with influences spanning over Northern China and even the entire country. As a professional platform for communication within textile industry, the Fair was founded in 2000 and is an ideal choice to showcase the innovative textile machinery to buyers. This exhibition is bound to record greater achievements to attract the textile industry in Northern China.

The unique geographic advantages supporting tremendous market potentials
As China's key base for textile and apparel production, the production scale of textile products in Shandong ranked third in the Country, with 2 million people engaged in the industry - about a quarter of the province's total workforce. The output amount of yarn, cloth and home textile of Shandong also ranked first in the country. From the first three quarters of 2009, the province's export amount was up to 11.73 billion U.S. dollars, equivalent to a 15% increase over last year.

The Fair is stationed in Qingdao - Olympic Sailing Capital of the country, the city of business and trade. Led by the three biggest international textile trading corporations namely Cherry Group Co., Ltd., Qingdao Textiles Group and Qingdao Yijia International Trade Group Co., Ltd., and 78 private owned import and export textile enterprises, Qingdao has become a wonderful showcase of the strongest economic growth in the Province.

Diversified theme zones attracting both international and domestic buyers
QITMF 2009 was divided into five theme zones, including Knitting Machinery Zone, Dye & Finishing Machinery Zone, Spinning Machinery Zone, Weaving Machinery & Label Making Machinery Zone, and Printing Machinery Zone. The division of zones brought convenience to buyers in their procurement of machinery.

The Fair was supported by leaders in the textile industry with enthusiastic response. More than 110 famous exhibitors from PR China, Japan and Taiwan Province etc, participated in QITMF 2009, including Nan Shing Machinery Ltd., Jakob Mueller Machinery (China) Co., Ltd., Willknit Machinery Co., Ltd., Tit Fai Engineering Co., Ltd., Shanghai Shengyong Textile Machinery Co. Ltd., Taizhou City Xingwei Textile Machinery Co., Ltd., Zhongda Optical Instruments Co.,Ltd., Zhejiang Jinheng Numerical Control Science & Technology Co., Ltd. etc.

Wednesday, May 12, 2010

SRF Technical Textiles Business posts excellent numbers


Aided by the economic upturn, SRF Limited, a multi-business entity engaged in the manufacture of chemical based industrial intermediates, posted an all time high net profit after tax (PAT) of Rs. 111 crore for the fourth quarter of 2009-10, recording a 423% increase over the corresponding period last year (CPLY).

SRF’s revenue during Q4 improved by 66% to Rs. 676 crore as against Rs. 408 crore over CPLY. The company’s audited results were taken on record by the Board of Directors this afternoon. The surge in the company’s net profit for the fourth quarter, which included a gain of around Rs. 11 crore on account of exchange currency fluctuation, was helped by robust demand and higher sales. The successful commissioning of the second Biaxially Oriented Polyester (BOPET) film line under its packaging film business, during the third quarter of the financial year also contributed to the improved performance of the company.

Reflecting on the results, Ashish Bharat Ram, Managing Director, SRF, said, “We have had a very good year where all our businesses have performed well, especially the Technical Textiles Business which has posted excellent numbers. Going forward we remain cautiously optimistic of the year ahead.While we believe that the domestic growth story will remain intact, uncertainties on the global front remain. The commodity price boom could put some pressure on margins.”

Annual Financials
An all round improvement in operations across the businesses enabled SRF consolidated to post a record PAT of Rs. 324 crore for the whole year 2009-10, an increase of 132% over CPLY. The consolidated net sales grew by 24%, from Rs. 2023 crore to Rs. 2499 crore during the same period. In particular, SRF’s consolidated Technical Textiles Business, which accounts for more than 50% of the company’s revenue, recorded a 1180% growth in its profit from operations at Rs. 229 crore during the year. The improved financial performance of the company resulted in an improvement in multiple performance parameters such as debt-equity ratio (from 0.96 to 0.78) and debt-EBIDTA ratio (from 2.23 to 1.55).

Capex Approval
The board also approved a capex proposal to enhance the capacity of Coated Fabrics by 170 lakh square metre per annum at SRF’s existing plant location in Gummidipoondi at a total investment of approximately Rs. 143 crore. The new facility when completed will enable SRF to offer new products such as lacquered tarpaulins and fabrics for tensile structures and awnings as well as Poly Urethane (PU) Coated Fabrics which are emerging applications in India.

Monday, May 10, 2010

Successful introduction of Coatema-Smartcoater at Printed Electronics


For the first time Coatema introduced a new and revolutionary plant concept live during the Printed Electronics Europe 2010 in Dresden. The multifunctional Smartcoater includes 5 coating and printing systems, a 350 mm hot air dryer in EEx-layout and a lamination device. A small working width of 100 mm and compact dimensions allow a minimum use of substrates and chemistry.

More than 800 visitors came to get a first impression of the Smartcoater and an overview on the benefits of this multifunctional unit. The interest and requests for quotes exceeded all expectations.The Smartcoater is set-up in our R&D Centre in Dormagen. Here we have 11 different pilot lines and 1 production line with a working width of 2.000 mm available and you are cordially invited to visit us in Dormagen (near to Cologne and Düsseldorf).

The Smartcoater is equipped with a process control system with Siemens S7 and tension measurement rollers. The Smartcoater - all around a successful concept which will be upgraded for the operation with hotmelts and in inert atmosphere.

Saturday, May 8, 2010

Green Blossoms introduces sophisticated women’s shirts


Green Blossoms, a newly launched sustainable clothing company, introduces its line of sexy, sophisticated women’s shirts.

“I don’t consider myself a fashionista by any means, but after a long day at work, all I wanted to do was get out of my business suit and into a comfortable outfit,” says Michelle Lancaster, founder of Green Blossoms. “Many of the eco-fashion brands out now usually fall into one of several categories: printed t-shirts with social messages, or high-end and trendy designs, or yoga wear. That leaves out people in my generation, who sometimes just want a plain, simple, yet nicely fitted, flattering shirt. I know many women are like me in that they want to make environmentally conscious choices, but they still want to look good without being too trendy. We work hard all day, and sometimes we don’t want to have to work hard on our wardrobe also. These shirts were designed to do just that. Lounging around at home? These are perfect for that. Going out for drinks? Just add jeans and a blazer, maybe a necklace or scarf, and you’re set. Going for a run or yoga? Easy, just wear these over your sports bra.”

The women behind Green Blossoms treat the company as more than just a clothing line. In fact, the Green Blossoms blog is dedicated to helping women lead not just a greener lifestyle, but also healthier and happier lives. In addition to the occasional green tips and weekly do-it-yourself spa articles, Green Blossoms will be launching a new series designed to help find that work/life balance. 

Thursday, May 6, 2010

New products for prepreg components of Coatema at JEC

With over 1.000 Exhibitors from 96 countries was the JEC this year one of the bigger shows. For the 3rd time Coatema exhibited at the JEC and the enormous customer response showed the value Coatema is delivering into the market for prepreg and composite materials. Andrea Glawe, Deputy Sales Director “Due to the great success of this show we will be here next year and will also exhibit at the JEC in Singapore in
2010.

Coatema is building since more than 35 years equipment for coating, printing and laminating. The company portfolio includes everything labcoater, pilotcoater and production lines. The product benefits are multifunctional layouts and versatile equipment layouts. A big part of Coatema`s work is also custom made solutions for specific customer request. For labcoaters the newest invention is the Coatema Smartcoater with R2R EEx operation on 100 mm working width and with 5in1 coating, printing, impregnation and lamination system.

In pilotcoaters for prepreg and composites the new product is the Click&Coat, a system which can be easily combined in new process combinations for different processes, this system is applied for patent and is available in 300 mm and 500 mm working width.

Production lines, the core business for Coatema are designed and build up to a working width to 5.400 mm. In the production layouts for prepreg units Coatema offers a variety of systems for

- The handling of rovings, woven substrates and release liner
- A variety of coating, impregnation and lamination technologies
- Calendaring, slitting and cutting systems
- Inline quality control systems

Tuesday, May 4, 2010

26 German companies to participate in ITMA + CITME


Just in time before the leading trade fair in Asia, ITMA ASIA + CITME 2010, which will open its doors end of June in Shanghai, the economical sky for the textile machinery industry finally brightened again. Incoming orders where 130 percent above the result of the first quarter of the year before. VDMA Textile Machinery Association predicts an increase in sales volume of 30 to 35 percent compared to 2009.

“After two extremely difficult years, the German textile machinery manufacturers are guardedly optimistic for the future” explains Fritz P. Mayer, Chairman of the Textile Machinery Association and Managing Partner of Karl Mayer Textilmaschinenfabrik GmbH.

Order inflow clearly increased
In 2008 and 2009, the companies of this branch had to accept a historical slump with its consequences on production and export. After a soil had developed in the first quarter of 2009, from the fourth quarter 2009 the incoming orders significantly increased. As a result, the exports also developed positively. In the last quarter of 2009 they reached a volume of 555 million Euros. In January and February 2010 already, textile machinery worth 533 million Euros have been exported so that – even with a conservative estimate – a clear increase of the exports has to be expected for the overall first quarter.

Asia dominated the purchase markets
55 percent of the overall exports in 2009 representing 1.8 billion Euros went to Asia. The two big volume markets alone, China and India, imported German textile machinery and accessories of roundabout 628 and 161 million Euros respectively. In January and February 2010, the exports to China rose by 37 percent to 83 million Euros compared to the same period the year before. Besides China also the exports to other Asian countries showed a clear stimulation of the market: Iran 6.8 million Euros (+50 %), Thailand 4.1 million (+42 %), Vietnam 1.7 million (+35 %), Bangladesh 2.7 million Euros (+8 %).

5,000 square meters made in Germany
This favourable economic trend is also reflected by the German participation in ITMA ASIA + CITME 2010. With 105 exhibitors the German companies represent the biggest European group within the CEMATEX countries. All renowned manufacturers will be present at this leading fair in Shanghai and show innovative textile production technique “made in Germany”.

Monday, May 3, 2010

French technology to boost Indian textile industry’s competitiveness


The French textile machinery manufacturers realise the importance of the Indian textile industry. Hence they invited the Indian textile producers to a series the Indo-French seminar “French Technology to Boost the Indian Textile Industry’s Competitiveness” which were held in Mumbai and Ludhiana on 20th and 23rd April 2010 respectively. Both the seminars were a huge success with a participation of more than 150 companies in Mumbai and close to 200 in Ludhiana.

The French machinery manufacturers recognise that the Indian textile industry has a double challenge:
- to cater to the fast growing domestic market for higher quality products
- to stand up to the competition in order to take advantage of globalization.
The objectives of the seminars were:
- to present how the French technology can enable the Indian textile producers to enhance
their position by providing sustainable competitive advantages in the following markets:
Recycling - Nonwovens - Technical textiles - Yarn preparation and yarn treatment - Modern weaving
- Knitting - Dyeing and Finishing - Air conditioning of textile plants.
- to regularly facilitate (the previous edition of these seminars took place two years ago) direct contacts between the Indian textile producers and the top management of the French machinery producers. Mrs Evelyne Cholet, the Secretary General of UCMTF, the French Textile Machinery Manufacturers’ Association, has always played a major role in the organisation of these seminars in India. She realises the importance of direct contact with the customers. According to her: “Organisation of such seminars in India is very important at present especially when the Indian Government realises the importance of new investments in textile machinery to stimulate this strategic sector. The technical textiles sector for which France has an expertise is another sector which has great potential in India”.

Hence the main aim of these seminars was to promote Indo-French partnerships in order to address the challenges of globalization.

Saturday, May 1, 2010

Refinancing fund to revive jute sector


In its attempt to restore the jute industry, Bangladesh Bank (BB) has created Tk 5 billion worth re-financing fund for them.

The fund was recently approved by the Board of Directors of BB and it will be distributed to 16 public listed jute mills, through state-owned commercial banks.

The decision of creating this fund came in accordance with the Prime Minister, Sheikh Hasina’s directive of creating a fund, during a meet at her office in January.

The BB officials informed that, these 16 jute mills had, during the period July-January, acquired around Tk 8 billion worth of raw jute. However, they failed to acquire more quantity, despite the requirement, due to scarcity of funds.

The central bank officials stated that financial crisis for jute mills will come to an end as they will be able to obtain funds from BB’s refinancing fund.