Latest News
Veteran Textile Trader Sees Chinese PTA Costs Rising, Polyester Fabrics Pushed Ten Percent Higher
Further Increases Possible Due to Trade War With U.S.
SHANGHAI — The Chinese home textile and fabrics industry is losing support from the Chinese government and prices are expected to go dramatically up, according to Roland Henao, a veteran trader of Chinese textiles with 20 years experience. "Without… Read more.September 18, 2018
Turkish Companies Unveil New Products at Mood+Indigo
By RAY PARKER BRUSSELS -- Two Turkish textile companies showcased new products last week at Mood+Indigo. Hoping to capitalize in these growing markets, Elvin Textile now offers laser engraving on double width to 120 inches and Teksko Textile unveiled… Read more.September 17, 2018
Greatex Files Insolvency, Assets to be Sold
MONTREAL -- Greatex Mills Inc. filed for insolvency in July with the Canadian court, and a restructuring plan submitted. Greatex sales are estimated to be in the $10 million range, with creditors’ claims of $9.6 million. In addition to its domestic… Read more.September 14, 2018
