INTERNATIONAL
Textile Raw Material Price 2016-07-26
|
Item |
Price |
Unit |
Fluctuation |
Date |
|
PC |
938.49 |
USD/Ton |
0% |
7/26/2016 |
|
Conventional Spinning PA |
1719.94 |
USD/Ton |
0.44% |
7/26/2016 |
|
High-speed Spinning PA |
1779.76 |
USD/Ton |
0% |
7/26/2016 |
|
ACN |
1316.13 |
USD/Ton |
0% |
7/26/2016 |
|
Cotton 329 |
3409.97 |
USD/Ton |
0% |
7/26/2016 |
|
Cotton Linter |
699.94 |
USD/Ton |
0% |
7/26/2016 |
|
Bottle Grade Chip |
1039.44 |
USD/Ton |
0.72% |
7/26/2016 |
|
PSF |
1034.96 |
USD/Ton |
0% |
7/26/2016 |
|
VSF |
2310.70 |
USD/Ton |
0.65% |
7/26/2016 |
|
ASF |
1884.46 |
USD/Ton |
0% |
7/26/2016 |
|
Polyester POY |
1067.11 |
USD/Ton |
0% |
7/26/2016 |
|
Nylon FDY |
2243.40 |
USD/Ton |
0.67% |
7/26/2016 |
|
40D Spandex |
4262.46 |
USD/Ton |
0% |
7/26/2016 |
|
Nylon DTY |
2445.31 |
USD/Ton |
0% |
7/26/2016 |
|
Viscose Long Filament |
5577.09 |
USD/Ton |
0% |
7/26/2016 |
|
Polyester DTY |
1301.17 |
USD/Ton |
0% |
7/26/2016 |
|
Nylon POY |
1884.46 |
USD/Ton |
-8.70% |
7/26/2016 |
|
Acrylic Top 3D |
2056.45 |
USD/Ton |
0% |
7/26/2016 |
|
Polyester FDY |
1189.00 |
USD/Ton |
0% |
7/26/2016 |
|
30S Spun Rayon Yarn |
2856.60 |
USD/Ton |
0.53% |
7/26/2016 |
|
32S Polyester Yarn |
1794.72 |
USD/Ton |
1.69% |
7/26/2016 |
|
45S T/C Yarn |
2400.44 |
USD/Ton |
0% |
7/26/2016 |
|
45S Polyester Yarn |
1944.28 |
USD/Ton |
1.56% |
7/26/2016 |
|
T/C Yarn 65/35 32S |
2318.18 |
USD/Ton |
2.65% |
7/26/2016 |
|
40S Rayon Yarn |
3036.07 |
USD/Ton |
3.05% |
7/26/2016 |
|
T/R Yarn 65/35 32S |
2348.09 |
USD/Ton |
6.08% |
7/26/2016 |
|
10S Denim Fabric |
1.36 |
USD/Meter |
0.22% |
7/26/2016 |
|
32S Twill Fabric |
0.83 |
USD/Meter |
0.18% |
7/26/2016 |
|
40S Combed Poplin |
1.18 |
USD/Meter |
0.13% |
7/26/2016 |
|
30S Rayon Fabric |
0.68 |
USD/Meter |
0.22% |
7/26/2016 |
|
45S T/C Fabric |
0.67 |
USD/Meter |
0.22% |
7/26/2016 |
Source: Global Textiles
Note: The above prices are Chinese Price (1 CNY = 0.14956 USD dtd 26/07/2016)
The prices given above are as quoted from Global Textiles.com. SRTEPC is not responsible for the correctness of the same.
The Government of India has recently taken some initiatives to boost employment generation in textiles and retail sector. Under the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), employers would be provided an incentive for enhancing employment by reimbursement of the 8.33 per cent Employer's Pension Scheme (EPS) contribution made by the employer in respect of new employment, Bandaru Dattatreya, minister of state for labour and employment said in a reply to a question in Lok Sabha on Monday. In addition to this, for the textile sector dealing with the manufacture of wearing apparel (except fur apparel and manufacturing of knitted and crocheted apparel), government will reimburse the Employees' Provident Fund (EPF) contribution of 3.67 per cent in addition to paying EPS contribution to 8.33 per cent. The government has also decided for introduction of Fixed Term Employment for apparel and manufacturing sector under Section 15(1) of Industrial Employment (Standing Orders) Act, 1946, the minister said.
Further, the government has prepared a Model Shops & Establishment (Regulation of Employment and Conditions of Service) Bill, 2016 for retail sectors, and has circulated it to state governments for adopting the same as it is or modifying their existing State Shops and Establishment Act as per their requirement. The Bill will cover all the establishments employing ten or more workers except for manufacturing units.
In order to ensure basic aspects of safety and maintain healthy working conditions for workers, including women, the proposed amendments in the Factories Act, 1948 include provisions relating to imposing obligation upon the occupier to make a provision of personal protective equipment for workers exposed to various hazard; providing canteen facilities in factories; providing for shelters or rest room and lunch rooms in respect of factories employing seventy five or more workers; providing drinking water in all factories irrespective of number of workers; permitting women in night shifts if adequate safeguards regarding safety, health and transport exist.
SOURCE: Fibre2fashion
Maharashtra state government is working on a niche policy to promote investments in the garment and apparel sector, considering its job creation potential and boost its ‘Make in Maharashtra’ plans. The policy will focus on setting up garment and apparel units in the cotton-growing areas of Vidarbha and Marathwada, which are also known for agrarian distress and farmer suicides. Officials said that the economic benefits of value-addition to raw cotton would also percolate down to the farmers while generating direct and indirect employment. Apparel is a sector that is low on investments and high on manpower. They are also considering a special policy for the garment and apparel sector. They will promote such industries and units in Vidarbha and Marathwada, which would create a larger supplier eco-system and increase employment opportunities. The policy will look at granting fiscal and non-fiscal incentives like land in Maharashtra Industrial Development Corporation (MIDC) areas, grant of FSI and allotment of plots for garment and apparel units in the ten textile parks to come up in Vidarbha and Marathwada. Though Maharashtra already has a policy for the textile sector, this niche, sectoral policy for garments and apparels will give a further boost to investments, the official said. They are examining policies by the Centre and also by other states for the sector as it is a labour intensive area so they will focus on facilitation and ease of doing business and at doing away with bottlenecks to investment and meeting stakeholder needs. As the garments sector can be the second largest source of employment after agriculture in Maharashtra. The initiatives would benefit women as well, as the sector employs them in large numbers. It would also create indirect employment due to various "job works" that are given out. The value addition to cotton and cloth will trickle down and eventually ensure a better price for cotton cultivators, the official noted.
As the Union cabinet approved a special package for employment generation and promotion of exports in the textile and apparel sector. The policy, which includes incentives and EPF reforms, comes after the package of reforms announced by the Centre to generate one crore jobs in the textile and apparel industry over the next three years. These steps are expected to lead to a cumulative increase of US $30 billion in exports and investments of Rs74,000 crore over the next three years. Similarly, their incentives may include sweeteners like the state government constructing major roads, sub-stations and infrastructure and set up of common effluent treatment plants," the official said. The Maharashtra government has also unveiled policies for retail trade, electronics, single-window facilitation, for SC/ST entrepreneurs and for IT and ITeS. It is also working on niche policies for defence production and industrial parks.
SOURCE: Yarns&Fibers
NIFT-TEA Knitwear Fashion Institute promoted by Tirupur garment exporters will take up with Synthetic and Arts Silk Mills Research (SASMIRA) to develop a gadget for dyeing ‘cotton fabrics’ without using water and also draft a curriculum on agro textiles.The technological innovations were planned as part of the collaborative projects. NIFT-TEA Institute and SASMIRA signed a Memorandum of Understanding recently to promote development of new products, research activities and information exchange on new technologies. The two bodies would also be involved in joint consultancy in the area of eco labeling besides helping Tirupur knitwear industry to make gigantic strides in the production of technical textiles and sourcing information regarding textiles used in the field of agriculture. The curriculum which the NIFT-TEA Institute and the Centre of Excellence for Agrotextiles under SASMIRA plan to be developed would be later suggested for introduction in universities and institutes.
On the advanced appliance that has been planned to be developed for dyeing ‘cotton farbics’, R. R. Shrinivasan, chairman of Academic Committee in NIFT-TEA Institute said that it would be similar on the lines of a machine which SASMIRA had already developed for dyeing polyesters. The equipment which SASMIRA developed for dyeing polyester fabrics used liquefied carbon dioxide instead of water. The NIFT-TEA Institute will be further acting as a hub for developing new technologies using peculiar microbes to reduce the duration of effluent treatment in the dyeing segment. At present, it takes almost 72 hours for the effluent to come out through the pre-treatment stage. They plan to reduce the duration to 12 hours.
SOURCE: Yarns&Fibers
One of India's biggest textile and apparel producer, Arvind Ltd has joined the Zero Discharge of Hazardous Chemicals (ZDHC) Programme. By joining the program, Arvind, which is the first India-headquartered company to join has committed to eliminating the use of hazardous chemicals across its supply chains by 2020. Another company to join the program is TÜV Rheinland, a global provider of technical, safety, and certification services with its headquarters based in Cologne, Germany. 'We are happy to join the ZDHC Programme and are committed to the elimination of hazardous chemicals from the textile and footwear value-chain," Abhishek Bansal, chief sustainability manager at Arvind said. The ZDHC Programme is a collaboration of leading textile and footwear brands working to implement safer chemistry practices to protect consumers, workers and the environment. Both the companies commit to working collaboratively on this task through active engagement with other brands, retailers and stakeholders, by joining the Programme.
SOURCE: Fibre2fashion
The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 41.69 per barrel (bbl) on 26.07.2016. This was lower than the price of US$ 42.43 per bbl on previous publishing day of 25.07.2016.
In rupee terms, the price of Indian Basket decreased to Rs. 2808.63 per bbl on 26.07.2016 as compared to Rs. 2853.33 per bbl on 25.07.2016. Rupee closed weaker at Rs. 67.37 per US$ on 26.07.2016 as against Rs. 67.24 per US$ on 25.07.2016. The table below gives details in this regard:
|
Particulars |
Unit |
Price on July 26, 2016 (Previous trading day i.e. 25.07.2016) |
Pricing Fortnight for 16.07.2016 (June 29, 2016 to July 13, 2016) |
|
Crude Oil (Indian Basket) |
($/bbl) |
41.69 (42.43) |
45.17 |
|
(Rs/bbl |
2808.63 (2853.33) |
3043.55 |
|
|
Exchange Rate |
(Rs/$) |
67.37 (67.24) |
67.38 |
SOURCE: PIB
Italian companies will exhibit their latest textile machinery at the Italian Pavilion at the forthcoming 2016 edition of Irantex 25 trade show, to be held in Tehran from 3-6 September, aiming to further enhance the relationship between the local textile industry and the Italian textile machinery sector. The upcoming Irantex will feature the usual significant contingent of Italian textile machinery manufacturers, with 25 Italian companies exhibiting in the Italian Pavilion, the common area set up by the Italian Trade Agency and ACIMIT. The members of the Association of Italian Textile Machinery Manufacturers exhibiting at the Italian Pavilion will include: Beta Machinery, Bianco, Bonino, Caipo, Cogne, Carù, Durst, Fadis, Ferraro, Fk Group, Itema, Jk Group-J Teck 3, Laip, Marzoli, Ramallumin, Rf Systems, Santex Group, Smit, Srs, Ssm Giudici, Stalam, Tessilgomma, and Zonco.
Export market
The international sanctions of the past years delayed the modernization process necessary for the Iranian industry to continue to be competitive within a global context, the association reports. In 2004, Iran was ranked among the top ten markets for Italian exports in the sector. After years of stagnation, Italian sales to Iran registered a recovery. In 2016 first quarter the Italian sales to Iranian market totalled a value of EUR 2 million, while 2015 sales were worth EUR 8 million. Iranian demand is spread out over all types of production, but Italian finishing and spinning machines are the primary exports. ACIMIT represents an industrial sector comprising around 300 manufacturers and producing machinery for an overall value of about EUR 2.6 billion, with exports amounting to 86% of total sales.
Italian textile machinery Roadshow
“The Italian textile machinery Roadshow, held in Iran last 22 to 30 May, confirmed the clear concordance between Iran’s textile manufacturers and Italy’s textile machinery manufacturers was concluded with excellent results,” explained Raffaella Carabelli, President of ACIMIT. The 27 Italian companies participating in the Roadshow took part in a series of technological workshops held in Tehran, Yazd, Isfahan and Mashad, in meetings with textile authorities and visits to local companies. “The Roadshow was concluded with excellent results. Participating companies were able to ascertain the local textile industry’s desire to resume investments, especially in Italian technology,” concluded Raffaella Carabelli.
SOURCE: The Innovation in Textiles
The head of the industrial promotion agency (PROINDUSTRIA) on Monday met with a commission of Taiwan business leaders in the country to explore investment possibilities in manufacturing and the massive transformation of textile products. Alexandra Izquierdo met with Liang Ching-Hai, vice president of the Taiwanese company Everest Textile Co. Ltd., other executives, in addition to Taiwan ambassador Tang Ji Zen (Valentino) and National Export Processing Zones Council director Luisa Fernández, among other officials. The executives were presented with a slideshow showing the PROINDUSTRIA facilities and land available in the industrial parks of San Pedro, San Francisco and La Vega. Izquierdo thanked the executives for the visit and stressed the attractions for investors in the country’s manufacturing industry. The Taiwan executives evaluate the various PROINDUSTRIA facilities available in for possible investment to develop a new niche in the manufacture of yarns, textured polyester fabrics, suede, materials Lycra stretch fabrics, fibers, pre-dyed fabric and nylon threads, among others.
SOURCE: The Dominican Today
Leicestershire's textile industry is seeing a renaissance, which also means new jobs. The county's textiles industry is famous thanks to names like Nathaniel Corah & Sons, Cherub, Symington's and Pick's. They were once kings of British manufacturing but were forced to close after retailers moved their manufacturing overseas in the 1970s and 80s.But now the demand is back for British brands made by British people, and Leicestershire is set to see a renaissance. Earlier this year, the Leicester and Leicestershire Enterprise Partnership published a document that said 88 per cent of employers expect their businesses to grow in the next three years, leading to new jobs.
SOURCE: The Leicester Mercury
Kenya has put in place elaborate measures to revive its ailing cotton industry as well as modernise the state-owned Rivatex Textile mill with the help of a 2.9 billion Kenyan Shilling ($ 30 million) grant from India. The latest initiative is aimed at providing farmers with high yielding variety of seeds from Israel that produce quality cotton lint for better returns and offer investors better margins. It also entails upgrading the Eldoret-based textile miller, Rivatex with latest technology, said Julius Korir, Industry and Enterprise Development Principal Secretary. The government has launched a pilot programme under which hybrid cotton seeds from Israel would be sown on 500 acres of land in Bura, Tana River County and plans to scale it up to other cotton-growing areas once it becomes successful, Korir said. The first planting will begin in September. Korir said adding that the upgraded Rivatex will offer a ready market to the farmers. The budget for modernization of Rivatex was 40 billion KSh or $40 million, of which $ 10 million has been factored over the last two years by the Kenyan government and Ksh 2.9 billion ($ 30 million) had been secured from the Indian government, Korir said. “We signed an agreement with the Indian Government for an extension of about Sh 2.9 billion funding to Rivatex so that it can now modernise. We hope that in the next two years, Rivatex will be a state-of-the art factory,” he said. The cotton industry in Kenya slumped from its high in the 1970s and 1980s when the sector used to receive subsidies from the Government. It was liberalised in the early 1990s. About 78,000 bales of cotton lint were produced annually before liberalisation. These have since gone down to a paltry 4,000 bales nowadays, media reports said.
SOURCE: Fibre2fashion
Government latest initiative is meant for not just ensuring cotton farmers produce quality cotton lint for better returns, but to upgrade State-owned Eldoret-based textile miller, Rivatex. The Government has launched a pilot programme which will see hybrid cotton seeds from Israel tried on 500 acres of land in Bura, Tana River County that promise to cut production costs and offer investors better margins. According to Industry and Enterprise Development Principal Secretary Julius Korir, the Government plans to scale it up to other cotton-growing areas once it becomes successful. The first planting will be done in September. Once the yields improve, the unit cost for the farmer will go down and whatever price they are going to get from the ginnery will encourage farmers to even produce more. The programme is being undertaken under a tripartite arrangement, which will see Rivatex offer ready market to farmers. Other players in the arrangement include ginneries and the Ministry of Agriculture.
In addition to Sh1 billion funding from the Government factored in the last two financial years, the Government also secured Sh2.9 billion from the Indian government to help in the modernization of Rivatex. They signed an agreement with the Indian Government for an extension of about Sh2.9 billion funding to Rivatex so that it can now modernize. The Trade and Industrialisation Principal Secretary, Korir said that they hope in the next two years, Rivatex will be a State-of-the-art factory. However, Rivatex requires about Sh4 billion to modernize and become a 21st century textile mill. About 78,000 bales of cotton lint were produced annually before liberalisation. These have since gone down to a paltry 4,000 bales. The cotton industry slumped from its high of 1970s and 1980s when the sector used to receive subsidies from the Government.
SOURCE: Yarns&Fibers
The National Research Council of Canada (NRC) has teamed up with industry members to officially form the Smart Textile and Wearables Innovation Alliance, aimed at creating visibility for the smart textile industry and position Canada as a global leader in this emerging sector. The Alliance will regroup 34 Canadian companies from all levels of the supply chain to share ideas and develop products that will revolutionize the smart textile industry. Smart textiles and wearables have digital components, including small computers, sensors and electronics, embedded in them and give them added value, such as communication, data collection and energy transfer. “Textile is rapidly becoming the most effective wearable technology form factor. Smart textiles and wearables have the ability to provide a holistic picture of the body, enhance everyday life and even transform the future of the health care systems,” says Tony Chahine, chief executive officer, Myant & Co. and member of the Alliance.
Industry-led, grassroots initiative
Facilitated by the NRC, this industry-led, grassroots initiative will encourage the formation of supply chains to enable the development and commercialization of next-generation technologies in targeted areas such as sport and fitness, self-care and wellness, medical diagnostics, industrial wearables and interactive tracking. “NRC recognizes that domestic supply chains are essential for the advancement of smart textile and wearable technologies,” explains Thomas Ducellier, executive director, printable electronics flagship program at NRC. “We are proud to be facilitating the Smart textile and Wearables Innovation Alliance to allow companies to be part of a collaborative ecosystem and make revolutionary breakthroughs.” The NRC is currently providing administrative support for the Alliance out of its offices in Ottawa, but the membership is spread out across the country from Vancouver to Montréal, where the next gathering of the Alliance will be held, respectively on September 30th and October 19th. In terms of governance, the NRC is facilitating this grass-roots, member-directed network. Future governance will be left for members to decide later on. “At this moment, members want a venue to share information and network with their peers, which does not require formal structure,” Ducellier adds. “As the Alliance matures and moves on, it might choose to formalize its construct or join existing associations that can provide such structure. This will be decided on by the members themselves when they feel that a more professional organization is required.”
Focus of events is networking & matchmaking
The importance of information sharing within its membership is underscored by such networking events planned for Vancouver on September 30th and Montréal on October 19th. The focus of both events will be networking and matchmaking. Ducellier says participants will be able to present what they have to offer others and what they are looking for from other attendees in order to facilitate the establishment of supply chains and partnerships. “When NRC began to investigate the needs of companies in the sector, understanding what other organizations were doing in the field and securing partnerships were the main reasons companies cited as their top priorities,” says Ducellier. “The Alliance was conceived to address this need and is therefore constructed as a networking venue where all key stakeholders in the field can meet and exchange.” Canada has a surprisingly large number of companies involved in the field of smart textile and wearables, according to Ducellier. This is little known both globally and even domestically. Ducellier says that was the observation that led to the creation of the Alliance. So far, the association has identified upwards of 60 companies active in this field across the country, which clearly positions Canada as an emerging leader in this field. The applications cover a broad range of designs, from sports to health and wellness, including industrial, etc. and a wide range of company sizes from small start-ups to more established companies, with the former being more prevalent than the latter.
SOURCE: The EPT
Despite Brexit referendum, the May 2018 final deadline for registration of existing chemical substances, manufactured in or imported into the EU in annual volumes between one and one hundred tonnes, under the Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH) regulation would remain unchanged. UK companies will also need to complete the registration process to continue trading on the single market until Brexit is finalised, even though these registrations may end up being deactivated in the future, a report from the Hong Kong Trade and Development Centre (HKTDC) said. Other ongoing REACH obligations, e.g., in relation to Substances of Very High Concern (SVHCs) and restrictions, will also continue to apply until Brexit is finalised, the report said. The full impact of the referendum result will depend a great deal on the exit negotiations, which are likely to begin at the beginning of the next year after the UK formally initiates Article 50 of the Lisbon Treaty. But, until the negotiations are finalised and implemented, the EU's chemical and environmental laws will continue to apply to all textiles and apparel exported to the UK.
At the end of negotiations, if the UK stays part of the single market through continued membership of the European Economic Area (EEA) it will continue to be required to implement REACH. The UK would remain in the existing single market for chemicals and maintain its REACH registrations, but the UK would lose the ability to take part in EU decision-making, HKTDC said in its research report. Another possibility, at the end of negotiations, is the UK opting to leave the single market. In such case the REACH regulation would no longer apply for the UK based companies, which would have to get their importers or newly appointed only representatives (ORs) in the EU or EEA to register their substances. As a result, UK manufacturers may have to restructure their supply chains to enable compliance and will have to supply all relevant information and documentation needed for registration. In the second scenario of the UK opting to leave the single market, negotiators would decide on whether the around 5,000 REACH registrations that have been made by companies in the UK will be deactivated and replaced by those of importers or ORs in the EU.
SOURCE: Fibre2fashion
Efforts have been initiated for revival of economic relations between Pakistan and Italy with special emphasis on frequent exchange of trade delegations, said Italian Embassy First Secretary Elena De Vito. Addressing the Faisalabad Chamber of Commerce and Industry (FCCI) here on Tuesday, she said that an Italian delegation headed by Mrs Deniela Cannizzo of the Confederation of Italian Industries, Rome, was now visiting Faisalabad, which would be followed by another delegation for B-to-B meetings with local entrepreneurs. Deniela Cannizzo said that confindustria was a private confederation of Italian industries and was making efforts to globalise their activities. She said that 6,000 companies were its members that were keen to enhance cooperation with Pakistani businessmen and in this connection, direct meetings with local entrepreneurs were necessary.
Bruno from the ICE Dubai office and a member of the Italian Association of Bank (IBA) said that the Italian government was making serious efforts to increase bilateral trade with Pakistan. During April last year, a Pakistani trade delegation had visited Italy and had very fruitful business-to-business meetings there, he added. He said that they were arranging a delegation from Italy that would visit Pakistan and had direct talks for marketing of their products, he said, adding that the Italian Development Committee (IDC) had opened its office in Karachi which would become operational from September. He said: “We are making efforts to attract more Italian companies to come and invest in Pakistan which has become a lucrative destination after Chinese investment in the CPEC and its related projects.” He said that the Pakistani entrepreneurs could contact and get any type of information from the IDC. He said that both countries were already doing business but the volume of bilateral trade was just a peanut of their existing potential.
Earlier, in his welcome address, FCCI senior vice-president Syed Zia Alamdar Hussain said that the FCCI was the third largest chamber of the country. He said: “We have more than 5,000 members that represent all segments of economy, including textile, agriculture, foundry, food industry, dairy, flour and sugar etc.” He said that Faisalabad was known as a textile capital of Pakistan, which was contributing almost 50 per cent to the total national textile exports of the country. Regarding Pakistan-Italy bilateral trade, he said that currently the trade volume between the two countries was $1.06 billion. Pakistani exports to Italy were $618 million whereas Italian exports to Pakistan were $443 million, hence, the balance of trade was in favour of Pakistan, he added. He emphasised the need for technology transfer to Pakistan as Italy had special expertise in the fields of engineering, alternate energy, agri products, livestock, dairy, processed food, leather, textile, marble etc. He said that no doubt Faisalabad was known as the textile capital but its textile sector was underutilised and was working with only 50 to 55 per cent of its installed capacity. He said that Italian technology could help us to upgrade our textile sector and utilise its untapped capacity.
SOURCE: The News
Texworld Paris, 39th edition is expected to be more attractive than ever, with a participation of nearly 950 exhibitors from 24 countries, an increase of 5% compared to September 2015, as it continues dynamic offering of materials and components for fashion professionals. Demonstrating its position as a global platform for purchasing materials, fabrics and supplies, the next edition will include a huge Korean pavilion and a new section showcasing the "excellence" of Texworld Paris's offering. Texworld Paris launched a new scenography in February 2016 to establish a clearer, more calibrated nomenclature to serve a more cutting edge sectoral approach. For its September 2016 edition, Texworld Paris has taken things even further, catering for the wishes of visitors eager to more easily find an offer related to the fundamentals of fabrics for high-end markets, but especially to serve the needs of exhibitors who are already very familiar with the technical and creative demands of the European market, said Michael Scherpe, CEO of Messe Frankfurt France.
Elite, the new sector for Texworld Paris, was born out of this wish expressed both by exhibitors and buyers; its purpose is to condense in a dedicated corner, staged by the creator Olivier Lapidus, collections of fabrics aimed at the most refined and exacting markets. Lapidus has designed the space to be a nod to both couture and design: panels that lead light a bit like optical fibres, to highlight filigree drawings of dresses. For the couture aspect, various inclusions liven up the fabrics, while for the design aspect the panels provide a sort of crown of light. The aim is to highlight the increasingly sophisticated textiles of a trade show that has become synonymous with the dynamic development of the world's manufacturers and with the globalisation of their trade. Elite facilitates the search for a la carte sourcing and streamlines the exchanges related to specific requests. The result of this grouping of essential products for quality garment collections is maximum convenience, for a quick and clear visit, organizers said.
Under the aegis of KOFOTI, the Federation of Korean Textile Industries, 30 Korean exhibitors will, for the first time, be present together at Texworld. As Europe's 6th supplier, the Korean textile industry remains a key activity in South Korea, especially for technical and smart textiles. The fabrics presented at Texworld Paris demonstrate the qualities of modernity, technical expertise and attractive costs that are representative of the Korean textile industry. With a total of 80 exhibitors, Korea will be the 3rd most represented country at Texworld Paris. Around 22 exhibitors will be present in this new space; their application, processed by a Messe Frankfurt France selection committee, has been carefully selected to meet many conditions. Exhibitors have been selected from Turkey (11), Taiwan (3), Pakistan (3), India (2), Netherlands (1), Lebanon (1) and Japan (1).
SOURCE: Yarns&Fibers
