A license for Panasonic Energy to use the most recent GEMX platform of cathode active material for lithium-ion batteries has been obtained by Panasonic Energy from CAMX Power LLC (CAMX) and Panasonic Energy Co., Ltd. (Panasonic Energy), a Panasonic Group Company. The core innovations of CAMX, for which more than 30 patents have been issued …
Panasonic and Boston-based CAMX collaborate on EV battery technology Read More »
The US agricultural trade group Cotton Council International has pushed for the removal of the 11% import duty on shorter staple cotton, defined as less than 32 mm. The import duty became effective in 2021. India imports a large amount of its cotton from the United States. CCI, a nonprofit organization devoted to agricultural trade, …
According to a news release from the Ministry of Textiles, the textile industry is using some of the most cotton it has used in a decade during the current marketing season, which runs from October 2023 to September 2024. The Committee on Cotton Production and Consumption (COCPC), led by Textile Commissioner Roop Rashi, met and …
An extensive poll titled ‘Fashion from Sustainable Forests’ has revealed a strong demand from consumers in major European countries, such as the UK, France, Italy, and Spain, for increased accountability and transparency when it comes to fashion sourcing. The YouGov-conducted survey, which was commissioned by the forest certification organization PEFC International, highlights customers’ dedication to …
European customers want more openness in the sourcing of fashion items Read More »
A loan package worth up to $80 million has been signed by the Asian Development Bank (ADB) and Lien Viet Post Joint Stock Commercial Bank (LPBank) to increase financing options for a project involving women-owned small and medium-sized companies (WSMEs) in Vietnam. The financing consists of a $30 million loan from ADB’s regular capital resources …
$80 million loan signed by ADB and LPBank to support women-owned SMEs in Vietnam Read More »
To protect and expand domestic industry, local company owners and industrialists have urged the government to ensure that businesses have a consistent supply of gas and electricity. The request was made during the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Standing Committee meeting on Monday about the development and preservation of regional industries. …
Industries require a steady supply of gas and electricity Read More »
To address retailers’ online fit difficulties, True Fit, an AI-powered sizing platform, is launching Fit Hub, a generative AI (GenAI) solution that combines all size and fit product information. Fit Hub provides extremely accurate fit assistance by combining AI insights with True Fit’s Fashion Genome, the largest linked dataset globally with 82 million shoppers and …
In an effort to reduce return rates, True Fit presents Fit Hub gen AI solutions Read More »
The newest air-jet spinning machine, the LYBRA Smartspinner, and automatic winder, the Proxima Smartconer, will be on display at the ITM 2024 show, which will be held in Istanbul, Turkey, on June 4–8, 2024. Savio is going to be a part of the ITM exhibition, which is scheduled to happen in Istanbul from June 4–8, …
Savio will exhibit its Proxima and LYBRA machines at Istanbul’s ITM 2024 Read More »
For the second straight trading day on Thursday, ICE cotton saw gains. Due to inadequate coverage, weather-related worries in the US and Brazil, and an average export sales report, the July contract saw a 3% increase. However, outside variables continued to be detrimental to the cotton market. The US cotton July contract finished 234 points …
The US and Brazil’s crop concerns and short covering have led to advances in ICE cotton Read More »
The import of capital machinery, raw materials, and intermediate goods has sharply decreased in the current fiscal year, which has negatively impacted the country’s industrial production and employment levels. Data released on Monday by the Bangladesh Bureau of Statistics (BBS) indicate a marked slowdown in the growth of manufacturing output. Forecasts for FY24 suggest that …
Four years of declining imports and a downturn in industrial production Read More »