March 2023 - Page 4 of 5 - Pakistan Textile Portal

Maintaining export competitiveness and drawing FDI to Vietnam: Citi

Leave a Comment / International / By Nayab Islam

As economic pressure has decreased compared to earlier expectations, the Vietnamese economy maintains its export competitiveness. It remains appealing as a destination for foreign direct investment (FDI), according to Citigroup Inc., a financial services company with its headquarters in New York City. According to Citi Research, Vietnam’s market share in international commerce is anticipated to …

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Life cycle Assessment of Textiles (Pakistan Perspective, Challenges, Insights, and future technologies)

Leave a Comment / Sustainability / By Nayab Islam

Mishal Ishtiaq Life cycle assessment (LCA) of textiles involves evaluating the environmental impact of textile products throughout their entire lifecycle, from the extraction of raw materials, through production, use, and disposal. The primary goal of LCA is to identify areas where the textile industry can improve sustainability by reducing its carbon footprint, minimizing resource use, …

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Africa to outperform rest of world in growth over next 2 years

Leave a Comment / International, Manufacturing Industry / By Nayab Islam

According to the African Development Bank’s (AfDB) biannual report, Africa is expected to outperform the rest of the world regarding economic development over the next two years, with the actual gross domestic product (GDP) averaging approximately 4% in 2023 and 2024. This exceeds the expected worldwide averages for the two years, 2.7% and 3.2%, respectively. …

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Oerlikon Barmag further improves the spinning process with WINGS HD

Leave a Comment / International, Manufacturing Industry, Textile / By Nayab Islam

Oerlikon Barmag adapted WINGS HD to accommodate growing demand and streamline manufacturing. The company has been providing the idea for high-end home textile applications utilizing the POY and DTY process since 2018. The production of high-quality, high-titer yarns is possible with the help of a spinning concept that combines the WINGS HD winding unit and …

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Uster Tester has been setting the standard for textile quality for 75 years

Leave a Comment / Manufacturing Industry, Textile / By Nayab Islam

One of the first solutions that come to mind when thinking about textile quality control is the Uster Tester, which has been improving and expanding in step with quick-moving technical advancements for 75 years and offers excellent monitoring for yarn evenness. Beginning in the early 1940s, a business with headquarters in Switzerland that is now …

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Fiber Colors: Archroma turns textile wastes into colorful dyes

Leave a Comment / Environmental Impact, Manufacturing Industry, Textile / By Nayab Islam

The Fiber Colors technology, developed by Swiss specialty chemical supplier Archroma, enables upcycling textile waste into colors produced using at least 50% waste-based raw materials. To create its line of EarthColors®, the firm has already found a means to recycle waste from the food and herbal industries. These colors are used by companies including G-Star, …

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The global economy will weaken in 2023 and stay weak in 2024: Moody

Leave a Comment / International / By Nayab Islam

According to Moody’s predictions, global growth will weaken in 2023 and continue sluggish in 2024. Nonetheless, if governments and central banks can guide their economies through the current difficulties, relative stability might start by 2024.GDP According to a press release from credit rating agency Moody’s, the world economy is on the cusp of a slump …

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Rejlers is chosen by Infinite Fiber to build its facility in Finland.

Leave a Comment / International, Manufacturing Industry / By Nayab Islam

A letter of award for engineering, procurement, and construction management (EPCM) services for Infinited Fiber Company’s circular Infinna fiber mill scheduled for construction in Kemi, Finland, has been signed by Rejlers Finland and Infinite Fiber Company. According to a news statement from Infinite fiber, the plant will be situated on a former paper mill site …

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STTI in the Netherlands welcomes the updated Brand Retail Module from SAC.

Leave a Comment / International, Manufacturing Industry, Sustainability / By Nayab Islam

The Sustainable Terms of Trade Initiative (STTI), a global manufacturer-driven initiative aimed at establishing more equitable purchasing practices in the textile industry, has welcomed the release of the Sustainable Apparel Coalition’s (SAC) revised Brand Retail Module (BRM), an instrument used by more than 500 brands and retailers globally, which now includes several questions aimed explicitly …

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Global carbon dioxide emissions rise less than earlier feared in 2022

Leave a Comment / Carbon Footprint, Environmental Impact, International / By Nayab Islam

According to new research from the International Energy Agency, the effects of the increased use of coal and oil during the global energy crisis were mitigated by the development of solar, wind, and electric vehicles (EVs), heat pumps, and energy efficiency. This led to a rise in global energy-related carbon dioxide emissions of 0.9%, or …

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