The Union government is aware of the problems faced by Micro, Small and Medium-scale Enterprises (MSMEs) because of high raw material prices and is working on solutions for the same, Minister of State for MSMEs Banu Pratap Singh Verma said here on Thursday. Speaking to the media on the sidelines of Coir Conclave, organised by the Coir Board and the Ministry of MSMEs, he said the government is discussing the issue of high raw material prices that is hurting the MSMEs. The government had announced a relief package for MSMEs that was hit by the pandemic. The contribution of MSMEs to the country’s GDP and exports is significant, he said. On cluster initiatives, the Minister said Tamil Nadu is one of the leading hubs for the coir industry. The government planned to do more for the coir cluster in the State. Of the 27 coir cluster in the State, 14 were in Tamil Nadu. Earlier, Union Minister for MSMEs Narayan Rane, who inaugurated “Enterprise India National Coir Conclave 2022”, said coir had immense potential and could play an important role in enhancing exports and adding to the share of MSMEs in the GDP. The industry provided employment to more than seven lakh people in the rural areas of the coconut growing States. Almost 80% of these artisans were women. Production of coir products was largely confined to the Southern States. “The Ministry of MSME intends to promote coir production in other States and towards this, Government of India has taken numerous initiatives to popularise the use of coir for consumer and industrial use, especially as a replacement for many non-degradable products,” he said. Mr. Verma added that this event was held to bring about a co-ordinated effort between the State and Central governments to promote production of coir and coir products and to identify new areas of application of coir. It would provide a permanent base for the Central and the State governments concerned to work in a coordinated manner for the promotion of the coir industry. Minister for Rural Industries, Tamil Nadu, T.M. Anbarasan, said the State has 5,000 coir units in the MSME sector and several cooperative societies. The State government extended ₹1.17 crore last financial year as marketing support. There are nine coir clusters in the State and three more are coming up at a cost of ₹19.73 crore. As many as 27 units received 44 awards for coir and coir products. The Coir Board released new coir products such as coir composite fruit bowl, geo-textile shadow lamp, coir buttons, auto mirror covers made of coir, flat rectangular tray, and certificate holder. It also released the Manual of Technologies for Coir and books on coir pith, geo-textiles and coir floor furnishing.
Source: The Hindu
Synopsis Bank of Russia and the Reserve Bank of India are examining how to make this workable and at the same time comply with international sanctions. “Officials of the two central banks have met twice and continue to be in talks, although the final decision has not been reached,” one of the persons told ET on condition of anonymity. Russia has proposed to revive decades-old practice of submitting “paper LC (letter of credit)” citing economic sanctions as it seeks to ensure uninterrupted exports from India through a state debt rupee mechanism, a dedicated window for India’s sovereign debt repayment that allows 9-10% exchange rate discount to Russian importers, said people familiar with the matter. If the proposal is accepted, exports to Russia are likely to witness a surge. The Bank of Russia and the Reserve Bank of India (RBI) are examining how to make this workable and at the same time comply with international sanctions. “Officials of the two central banks have met twice and continue to be in talks, although the final decision has not been reached,” one of the persons told ET on condition of anonymity. Russian representatives have also submitted an album of signatures by Russian banks and dignitaries, a key document that helps authenticate the practice of paper LCs to the RBI, said the people. If the local Russian embassy can validate such an album, it should help earn the RBI’s comfort level, they said. “If the practice of physical hard copy or paper LC is revived and accepted by the RBI soon, it will support the state credit debt rupee mechanism, which in turn holds huge potential for Indian exporters, particularly after the global economic sanctions on Moscow,” said Sachin Bhansali, director, Girnar Food & Beverages. The state credit mechanism originated during the erstwhile USSR regime when the Soviet Union supported India by supplying essential items which were required for the development of infrastructure, energy and defence. When the USSR was split, there was a bilateral agreement between Russia and India regarding a sovereign loan India had taken. India keeps repaying in rupees to an RBI account held by VEB Bank, the Russian development bank. Repayment term will be over by 2037, according to people aware of the matter. A Russian importer has an advantage in paying Indian exporters via such a route. It pays about 90 cents against $100 to its local bank, which in turn asks the RBI to debit rupees equal to $100 and credit to the Indian exporter’s account. Economic sanctions barred Russia from accessing SWIFT payment system, a global payment gateway earlier used for sending LCs. “Payments are not coming against the goods shipped already,” said Mohit Agarwal, director, Asian Tea Company. “We had shipped teas on rupee LCs confirmed by the RBI. Now the Indian banks are not willing to handle the documents on the goods that are already on the high seas.” Exporters have reached out to all government authorities as they await resolution. “We have been following up with the RBI but no clear-cut indication has come from the central bank yet on rupee trade,” said Naeem Motorwala, director, Al-Gyas Exports, a rice exporter to Russia. “We are now looking at doing exports in dollars and against pre-payments.” Russia buys 43-45 million kg of tea from India annually. It imports 70,000 -100,000 lakh tonnes of non-basmati rice from India. Coffee, tobacco, fertilisers and pharmaceuticals are other items of export from India to Russia.
Source: Economic Times
Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Shri Piyush Goyal today asked project exporters to diversify and foray into markets of the developed world and urged them to not restrict themselves to Government Line of Credit Projects and projects in the developing world. He was delivering the Keynote Address at the ‘Summit on Enhancing Global Opportunities for Indian Project Exporters’ organized by the Exim Bank in New Delhi today. Developed countries may very well offer advantages of low risk and lower capital requirement with higher credit rating of projects which will enable companies to for higher credit limits, he elaborated. He complimented India Exim Bank for supporting exporters, for organizing the Summit by including international stakeholders, and for conducting the study on Indian Project Exports. Outlining the challenges that global economy has been facing since the start of 2022 such as the Omicron wave, global supply chain disruptions, soaring raw material costs, container shortages, global financial market volatility and geopolitical tensions, the Minister observed that it was in this context that the summit is both timely and important. Observing that several heads of governments and ministers had chosen India as their first destination post Covid, the Minister said that it signalled the tremendous interest that the India story has generated in the world. It is a recognition of efforts put in by each citizen and is indicative of a bright future for the nation, he added. The Minister congratulated all the stakeholders for the blockbuster export performance of nearly USD 675 billion in 2021-22 and the record-breaking services export of nearly USD 254 billion, even with a pandemic induced slow down in travel and hospitality. Even the export figures of April 2022 which touched almost USD 38 billion are historic, he noted. Shri Goyal said that the IT sector’s performance during the pandemic was especially noteworthy and added that India did not let down a single international commitment during the pandemic. Thanks to visionary initiative like Digital India, the nation adapted very well to the exigencies of covid and made record service exports possible in a covid year, he explained. Setting a target of USD 1 trillion worth of goods and services export each by 2030, the Minister said that the target could be achieved only with the whole-hearted participation of every single stake holder. The Minister also urged the banking sector to abandon the mindset of conservatism that has set in the sector and be open to taking some risks and added that risk taking was an integral part of business. India has all the necessary ingredients to become a global player in project exports, the Minister said and added that the world has realized that it is absolutely essential to invest in infrastructure. Project exports would also help our services and goods export to grow, he opined. He asked the project export sector to look at credit enhancement schemes and find backstop arrangement for private banks to come into project financing. Highlighting the Government’s Lines of Credit (LOC) programme that has particularly been pivotal in creating opportunities for Indian project exporters, the Minister said that through Concessional Financing Scheme (CFS),Government has been supporting Indian companies bidding for strategic infrastructure projects in the overseas market. He specified the need for building businesses that are independent of government aid and said that with such businesses, chances of growth and chances of us penetrating the markets of the developed world are better. He urged Exim bank to help exporters by studying what developed world markets wanted and by guiding our infrastructure companies to meet those requirements. He also asked project export sector to proactively engage with government’s FTA negotiations and give inputs and feedback about the market access problems or discriminations they faced with FTA countries. He assured that these concerns would be factored into India’s FTA negotiations. Quoting Prime Minister, Shri Narendra Modi, the Minister said ‘The world has great expectations from the India of 21st Century’. Our techies are leading the world from the front, our Farmers are now feeding the world, he said and added that it was time for our engineers and Project Managers be building the world.He assured to fully support Indian Project Exporters and take forward suggestions emanating from the deliberations at the summit to make India “The destination” for project exports.
Source: PIB
Union Minister of State for Commerce & Industry, Smt. Anupriya Patel has called upon the Small and Medium Enterprises (SMEs) to adopt technology towards raising productivity and promoting sustainability. Addressing the Inaugural Session of the First FICCI Industry 4.0 Awards function and Conference here today, the Minister assured the industry of Government’s support and urged them to take the ‘Industry 4.0’ to Tier-2 and Tier-3 cities. “The adoption of Industry 4.0 is something that we have to do together. Manufacturing (and) Exports, both have to contribute, because in the post-pandemic scenario, you all know how the supply chains have been disrupted and there is a tremendous opportunity which lies ahead for us, for the country,” said Smt. Patel. Smt. Patel said, after the three Industrial Revolutions, we are now headed towards the 4th Industrial Revolution, - ‘Industry 4.0’, which is the trend of Automation & Data Exchange at all levels of production aimed at increasing productivity, efficiency and also addressing the issues of sustainability, climate change and host of other such relevant ideas. Stating that the Prime Minister Shri Narendra Modi has a big vision for India@2047, Smt. Patel said the Government is committed towards transforming India during the Amritkaal, the next 25 years. “Industry also has a big contribution to make and one such contribution could be moving towards the adoption of Industry 4.0. Industry sector, in a major way, can contribute to the economic development which is both sustainable and also inclusive,” she said. Smt. Patel said both Manufacturing and Exports will be India’s growth drivers during the Amritkaal. She listed out the Government’s initiatives towards facilitating Manufacturing including the PLI and EODB and promoting exports by pursuing various FTAs such as the India-UAE CEPA and India-Australia ECTA. Smt. Patel said the Government is committed to creating industry friendly and a conducive environment. “Today, Government of India’s role has changed from being a regulator to a facilitator… We have given tremendous emphasis on the creation of industrial infrastructure, how much we are reducing the burden of compliances, the National Single Window (System) portal has been launched, we have jumped many positions in terms of Ease of Doing Business,” she said. The Minister said that in just over five years India has emerged as the world’s third largest Startup ecosystem after the US and China and last month we achieved the distinction of having 100 Unicorns. “So just look at the journey of the Startups, and this Unicorn wave is still going on, it is going very strong, this boom is continuing, I don’t know how much more we have to see in this year,” she said.
Source: PIB
• Availability of a real estate master developer would be a key condition for clearing proposals Private master developers will need to foot 70% of the cost incurred in developing an integrated value chain in a mega textile park, according to Union textiles secretary Upendra Prasad Singh. The availability of a real estate master developer would be a key condition for clearing proposals, the textiles secretary said. The government has received proposals from 17 states for the PM Mega Integrated Textile Region and Apparel (PM MITRA) scheme, or the mega textile park scheme, which has been allocated ₹4,445 crore for seven years up to 2027-28. Only seven states will be selected for the scheme. The textile sector has been among the top focus areas of the government in the free trade agreements (FTA) that India is negotiating with various countries. India has negotiated zero duty access for textile exports in the trade deals with the UAE and Australia, which could help boost domestic production. Similar negotiations are going on with large markets such as the UK and the EU. “We prefer a private master developer who will put in 70% of the total investment. The other 30% will be given by the Union government. A master developer will be a real estate player rather than a textile player. The shortlisting for the first phase will be done shortly and the criteria for the second phase will be done on the basis of the availability of the master developer," Singh said. Among the states that have shown interest are Tamil Nadu, Punjab, Odisha, Andhra Pradesh, Gujarat, Rajasthan, Assam, Madhya Pradesh, and Telangana. The developers could choose to set up parks where the possibility of returns is high. The mega textile parks scheme will help India bring scale and size and reduce logistics costs, which are very high at present, Singh contended. “Even a smaller country such as Bangladesh has size and scale. Mega textile parks will also reduce fragmentation. At present, our textile value chain is very fragmented. Spinning, weaving, processing and garmenting …all of these happen at different places," he pointed out. Over the years, India’s share of exports of ready-made garments has declined significantly. It slipped from 6% in FY2010 to 4.2% in FY2021, as Bangladesh and Vietnam emerged as large textile exporters, according to a Morgan Stanley note. India’s share of cotton yarn, fabrics, and handloom products, however, inched up from 3% in FY2010 to 3.9% in FY2016, and then decelerated to 3.4% in FY2021, the report further said. The PM-MITRA scheme was first announced in Union Budget 2021 with the aim of making the textile industry globally competitive. Union finance minister Nirmala Sitharaman had said the scheme will create world-class infrastructure with plug-and-play facilities and spawn global champions in exports. PM-MITRA offers an opportunity to create an integrated textiles value chain from spinning, weaving, processing, dyeing and printing to garment manufacturing at a single location. The value chain at a single location will reduce the logistics cost of the industry. The scheme is intended to generate as many as 1 lakh direct and 2 lakh indirect jobs per park. The textile ministry had also said that there is a provision for social infrastructure, which will “ultimately enhance the overall income and uplift the quality of life of all textile workers who are associated with the PM MITRA Park".
Source : Live Mint
Union Additional Secretary, Ministry of Textiles, Shantmanu, who is also Central Prabhari Officer for Kupwara, today asked the officers and field functionaries to step up efforts towards rapid growth and infrastructural development in the district ensuring optimum utilization of liberal funding by the Centre government. Shantmanu, who is on a two day visit to Kupwara district, was addressing a meeting of district administration convened to review implementation of schemes under Aspirational District Programme (ADP) besides assessing other development programmes. Deputy Commissioner, Kupwara, Imam Din, ADC Kupwara, Ghulam Nabi Bhat, Joint Director Planning, Abdul Majeed and other senior officers were present in the meeting. Union Additional Secretary asked the officers to ensure completion of all development works and implementation of centrally sponsored schemes within the stipulated time frame. He exhorted upon the officers to be honest in giving feedback to government about the actual status of implementation of scheme at ground level besides highlighting existing. Earlier, the meeting reviewed developmental scenario of the district with special focus of Aspirational District Programme including Health, Education, Agriculture, Financial inclusion and Skill Development besides discussing infrastructure building in the district. Shantmanu also reviewed implementation of various centrally sponsored schemes and programmes in the district like Soil Health Cards, Aadhaar Seedling, MUDRA Loan, Self employment schemes, SANKALP etc. He had a detailed review of all indicators of Aspirational District Programme. He was informed that Kupwara received PM's Award of Excellence conferred by Prime Minister, Narendra Modi, on 21st April this year besides the district was also conferred gold medal by Union Health Minister on 24th March at New Delhi for achieving more than 60 per cent reduction in TB Notification. Regarding utilization of funds, the meeting was informed that NITI AYOG has released a grant of Rs. 3 crore during October 2020, of which, Rs.2.45 crore have been utilized till February 2021 towards implementation of various projects under Health and Nutrition, Education and Skill Development. Later, Shantmanu accompanied by DC and concerned officers conducted field visit to personally inspect progress on several development projects being executed in the district. During the visit, he inspected Health and Wellness Centre Shuloora and took stock of various sections of the hospital. He interacted with the senior citizens and patients to get feedback regarding the services being extended to them in the hospital. He inspected OPD section, ANC room, drug store, immunization centre, Yoga room and laboratory. He also inspected PHC Trehgam and visited the stalls established there by JSS, ICDS and Handicrafts. Later, he briefed the media about his visit saying that he will take up all issues and demands, received as feedback from ground level, with the concerned authorities at the Central level.
Source: Brighter Kashmir
Hussain said big firms such as Hindustan Unilever, ITC, Adani Group and the Dubaibased Lulu Group will participate in the investors meet which will be organised in the national capital is emerging as the country's most favoured destination for industrialists with Chief Minister Nitish Kumar as its brand ambassador, BJP leader and state Industries Minister Shahnawaz Hussain said on Thursday while announcing an international investors summit of Bihar on May 12. Hussain said big firms such as Hindustan Unilever, ITC, Adani Group and the Dubaibased Lulu Group will participate in the investors meet which will be organised in the national capital. "Bihar has huge investment potential and is now emerging as the most favoured destination for investors, particularly in the sectors of textile, food processing and leather, as it comes under the SAARC corridor," he said. Praising JD(U) supremo and Bihar Chief Minister Nitish Kumar, Hussain said he has done a lot for the state in terms of infrastructure development. "Nitish Kumar has laid the runway for development of Bihar. Now under his leadership, the state will take off for a new era of development," Hussain told a press conference at the Bihar Bhawan here. On a question on the state's brand ambassador, he said, "Nitish Kumar ji is Bihar's brand ambassador and under his leadership, the state is emerging as the country's most favoured destination for industrialists." He said special emphasis is being laid on changing the perception and image of Bihar. Under the BJP-JD(U) alliance government, the state has been transformed, the law and order is being maintained and there is a very conducive atmosphere for investment. Discussing the industry prospects in the state, Hussain said Bihar is moving towards becoming the country's ethanol hub. In the first phase, 17 ethanol production units are being set up in different areas of Bihar. He also said the state industries department is ready to come up with policies on textiles and leather, logistics and exports this year. Hussain was a Cabinet Minister in the erstwhile Atal Bihari Vajpayee-led NDA government at the Centre. At that time, he held various portfolios such as Civil Aviation and Food Processing Industries.
Source: Business Standard
The central government has appointed a team led by HS Nanda, Director, Union Textiles department to visit Kadapa district in Andhra Pradesh to inspect and review the prospects of establishing a mega textile park in Kopparthy. At the the national conference on PM MITRA parks in New Delhi on Wednesday, Special Chief Secretary (Industries) Karikal Valaven submitted the proposal to union government for setting up mega textile in 1,186 acres of land in Kopparthy. He urged the centre to set up the textile park either in the jurisdiction of Kopparthy node in Visakhapatnam-Chennai Industrial Corridor or in the Jagananna Mega Industrial Hub in Kadapa district. Emphasising on the support from the state government to the textile units, he said that the government extended all support and stood with the textile units by giving incentives during the Covid pandemic.
Source: KNN India
Capex revival could get delayed as companies await clarity on the macroeconomic front, says agency. Inflation, supply chain disruptions and a weak consumption demand could upset the revival in credit growth in the medium term, according to India Ratings. The reversal of the interest rate cycle--marked by the Reserve Bank of India’s 40 basis points increase in policy repo rate--would weigh down credit growth as borrowings become costlier. India Ra, based on the feedback from rated issuers, projected that capex revival could get delayed as companies await clarity on the macroeconomic front. Furthermore, the war in Ukraine has raised concerns on the continuation of the pace of exports. However, banking system credit growth has shown a significant pick-up in the early part of FY23. The credit growth was 11.2 per cent year on year (YoY) as on April 08, 2022 compared to 5.3 per cent (YoY) in the same period in April 2021, and highest since July 2019. India Ratings said in the near term credit growth will come from industries and service sector, even as growth in the agriculture segment remains stable and muted in the retail segment. A continuing working capital demand from companies, driven by high commodity prices and the beginning of a shift back to the banking system from the bond markets amid rising interest rates are expected to keep the credit growth drivers in place. The sectors which are likely to continue to perform well include power, metals, cement, chemicals and textiles, while the sectors that are likely to be under pressure include telecom, pharma, and commercial real estate.
Source: Business Standard
Vietnamese businesses are finding it difficult to cope with supply chain breakages as a result of China enforcing strict COVID-19 lockdown policies to curb recent outbreaks. This has significantly affected raw material supply and exports because China usually supplies a large quantity of materials used by many industries in Việt Nam for production. Since China has placed many factories and seaports under lockdowns, the import of components needed for automobile production and assembly is being delayed by around a month, according to the Việt Nam Automobile Manufacturers’ Association (VAMA). Other industries like textiles and garments and electronics manufacturing are facing similar problems. This is not just slowing production, some companies are also unable to finish their export orders. Agriculture produce exports to China, one of the biggest buyers of Việt Nam’s produce, has also been severely affected because the neighbouring country has tightened customs checks and procedures. Export containers are getting stuck at entry points for weeks, and some are even turned back. The exports of vegetables and fruits to China in the first quarter of the year has dropped by 25 per cent year-on-year. Coping strategies Long An Province’s CASS Fruits and Vegetables Preservation Co., Ltd., has been providing nitrogen pumping service for cold containers to preserve fresh produce longer, helping businesses keep their products fresh until they can be successfully exported. Quách Thị Lệ Chân, director of the company, said that while this technology had only been provided for cold storage until now, it is also being used during goods transportation. The company is also charging less for its service to help businesses, she said. The Thanh Bình Co-operative Group in Đồng Nai Province, which specialises in banana products, has seen exports to China drop in the first few months of the year, but its farmer members are spreading out their harvests to sell throughout the year, so their produce is not all stuck in one place. Lý Minh Hùng, director of the group, said that they were also focusing on producing a wide variety of processed products such as dried bananas or banana fibre for making garments, which boosts their income. A Mekong Delta seafood company’s representative told the Người Lao Động (Labourers) newspaper that while they used to export plenty of shark catfish to China, they have cut back, and only sells them to a few close customers. Instead, the firm has diversified its export markets and is not affected much by China’s recent COVID restrictions. According to the HCM City Leather and Footwear Association, some firms unable to import raw material imports by sea have procured some via border trade, but in limited quantities for higher prices. Nguyễn Chí Trung, chairman of the Gia Định Footwear Corporation, said that businesses need to identify domestic suppliers of raw materials to replace imported ones, and avoid taking orders that require high quality materials. Textile and garment businesses have been focusing on sourcing materials domestically since last year’s COVID outbreak, but they have not been able to satisfy much of their material demand and continue to rely on imports. Trần Như Tùng, deputy chairman of the Việt Nam Textile and Garment Association said that businesses should look into sourcing materials from South Korea, Taiwan (China) or Vietnamese firms, and they will have to accept paying higher prices. “Domestic supply chains are important, not just for protecting businesses against disruption in the international market, but also to get tax benefits when exporting to countries having trade agreements with Việt Nam.” Car makers need to reorganise production and avoid relying too much on any particular market for their component imports, the VAMA has advised.
Source: EIN News
Vietnam – UK trade has recovered from the impact of the pandemic, reaching nearly $6.6 billion at the end of last year—up by 17 per cent from the previous year, according to the ministry of industry and trade. Vietnam’s exports to the United Kingdom exceeded $5.7 billion—up by 16.4 per cent year-on-year. The rise is attributed to the UK-Vietnam Free Trade Agreement (UKVFTA) that took effect in August 2020. The country exported more than $4.8 billion worth of goods to the United Kingdom in the first four months of 2022. Textile and garments was part of major currency earners, a news agency reported. Sharp growth was seen in shipments of fruits and vegetables (67 per cent), coffee (17 per cent), pepper (49 per cent), iron and steel (1,269 per cent), and toys and sports equipment (19 per cent). Meanwhile, imports from the United Kingdom rose by 23.6 pe rcent to nearly $850 million last year.
Source: Fibre2 Fashion
Textile manufacturers’ NCTO lobby weighs in thorny issue In July 2018, the USTR began imposing Section 301 tariffs in a series of waves that ultimately resulted in levies on $550 billion of goods imported annually from China. Those goods include finished textile and apparel products made in China. Under the statute that created the tariffs, unless USTR receives a request for continuation and conducts a review of the case, the Section 301 actions automatically terminate at the fouryear mark. However, tariffs will remain in effect while the USTR conducts its review. The USTR is accepting comments on continued tariffs – pro and con – at https://comments.ustr.gov/s/. For responses related to the tariffs imposed in July 2018, the comment period will open on May 7 and close at 11:59 pm on July 5. The window for comments on tariffs imposed in August 2018 is June 24 to 11:59 pm on Aug. 22. National Council of Textile Organizations (NCTO), which backed the tariffs, is lobbying to keep them in place. NCTO president and CEO Kim Glas said the tariffs demonstrate to China that the U.S. government is committed to addressing systemic predatory trade practices. “For decades, China’s illegal actions have undermined virtually every domestic manufacturing sector and contributed to the direct loss of millions of U.S. jobs,” said Glas, who for five years served as the Deputy Assistant Secretary for Textiles, Consumer Goods and Materials at the U.S. Department of Commerce under the Obama administration. NCTO represents U.S. manufacturers of fibers, finished products and textiles machinery. Among its members are Cotton Incorporated, Fruit of the Loom Inc., Glen Raven, HomTex, Lenzing Fibers Inc., Milliken & Company, Mount Vernon Mills, Pendelton Woolen Mills, Thomaston Mills, Unifi and Valdese Weavers. In a statement issued yesterday, Glas argued that lifting the penalty duties will cement China’s dominance of global manufacturing “and will do nothing to achieve the administration’s goal of easing inflationary pressures, as apparel prices out of China continue to hit rock bottom regardless of the Section 301 tariffs.”
Source: Home Textiles Today
Emphasis in Frankfurt will be on the energy and heat recovery that can be achieved with Montex stenters. The Techtextil and Heimtextil Summer Special exhibitions, taking place together in Frankfurt from June 21-24, represent a welcome, once-only opportunity for Monforts to showcase its advanced finishing and coating technologies for two of its major markets – especially at a time when energy prices continue to soar for textile manufacturers in Europe. European-built Montex stenters have earned their leading position on the market for fabric finishing due to their robustness, reliability and economy. Existing customers include many manufacturers in the field of home textiles, as well as those making geotextiles, automotive fabrics and other functional materials – all of whom will be well represented in Frankfurt this June. Dedicated Montex lines have also been supplied to producers of airbags, flame retardant barrier fabrics and spacer fabrics, as well as hightemperature filter materials. Energy prices are rising steeply everywhere and a particular emphasis for Monforts in Frankfurt will be on the energy and heat recovery that can be achieved with Montex stenters, through features such as better insulation of the treatment chambers or the MonforClean system, in which waste heat from the drying process is used to pre-heat the drying air resulting in a radical reduction in the conventional heat supply required compared to gas and thermal oil heating. The modular system for heat recovery can also be extended for exhaust air cleaning and odour elimination. Monforts can provide a range of further resource-saving and energy recovery options tailored to each individual line installation including modification of the heating source. “Montex stenters provide maximum efficiency, the ultimate in flexibility and the ability to switch quickly from one fabric formula to the next,” says Monforts textile technologies engineer Jonas Beisel. “The easy to use human-machine interface (HMI) makes the operation of the line much simpler and cuts down the necessary training periods, while at the same time reducing the chance of human error.” With the highly intuitive Qualitex 800 visualization software, all article-specific settings can be stored and the formulations for thousands of treatment processes called up again at any time. Individual operators can also personalise their dashboards with the most important machine functions and process parameters. Automatic The Qualitex 800 system is available for the automatic and continuous operation of the company’s Montex stenters, as well as its Thermex continuous dyeing ranges, Monfortex shrinking systems and MontexCoat coating units. Monforts MontexCoat coating units serve an equally diverse number of markets, including tents, tarpaulins and awnings, black-out roller blinds and sail cloth, automotive interior fabrics and medical disposables. Full PVC coatings, pigment dyeing or minimal application surface and low penetration treatments and solvent coatings (in explosionproof conditions) with knife coating, roller coating or screen printing can all be accommodated with this system. All of these very different materials require expert coating and finishing for maximum efficiency, using Monforts technologies which provide the ultimate in flexibility and the ability to switch quickly from one fabric run to the next, without compromising on the economical use of energy or raw materials. The Monforts EcoApplicator offers further potential for sustainably achieving perfect finishes via a precise direct application system, as an alternative to conventional padding – where fabrics are immersed in a bath of the required finishing chemicals. It can significantly further reduce the energy and water required and finishes can be applied on just one side of the fabric, or both, and even separately on each side, to be sealed in place via different heating zones in the stenter. This allows endless differentiation possibilities. “Both home textiles and textiles for a wide range of technical applications are key end-use markets for our technologies, making the joint Techtextil and Heimtexil shows a standout event in 2022,” says Monforts managing director Stefan Flöth. “We are looking forward to reconnecting with customers old and new in Frankfurt.”
Source: Innovation in Textiles
