International Archives - Page 20 of 21 - Pakistan Textile Portal

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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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 …

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

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 …

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

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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Textile exporters take action to help earthquake victims, “50 thousand pairs of winter shoes and boots will be delivered to the disaster area.”

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

Aid campaigns for the earthquakes of magnitude 7.7 and 7.6, whose epicenters were in the Pazarck and Elbistan districts of Kahramanmaraş and affected ten provinces, were initiated by exporters, notably textile manufacturers. Within the framework of the relief initiative launched under the direction of TIM, goods required in the earthquake zone will be gathered and …

Textile exporters take action to help earthquake victims, “50 thousand pairs of winter shoes and boots will be delivered to the disaster area.” Read More »

Germany’s stock of orders in manufacturing up 1.2% YoY in Dec 2022

Leave a Comment / International / By Nayab Islam

Compared to December 2021, Germany’s real stock of industrial orders climbed by 1.2% in December 2022, according to preliminary findings from the Federal Statistical Office (Destatis). On a seasonally and calendar-adjusted basis, the nation’s price-adjusted stock of manufacturing orders was 0.4% lower in December 2022 than it was in November 2022. The quantity of orders …

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IFC-backed logistics hub to boost connectivity, trade in Cambodia

Leave a Comment / International / By abdullahsaleem

The International Financial Corporation (IFC) recently inked a new partnership deal with two of the region’s top logistics businesses, and as a result, Cambodia will soon have its first cutting-edge, world- class logistics complex. The banking organization believes the new cooperation will significantly improve Southeast Asia’s infrastructure, trade, and connectivity. The Phnom Penh Logistics Complex …

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Inter-textile Shanghai Apparel to display functional fabrics in March

Leave a Comment / International / By abdullahsaleem

With its many product zones, the 2018 Intertextile Shanghai Apparel Fabrics – Spring Edition will include a broad selection of recently created sustainable denim, practical textiles, accessories, and more. The trade show, which is scheduled to take place in Shanghai from March 28 to 30, 2023, intends to draw in quality customers and provide suppliers …

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