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Thursday, April 8, 2010

New carpet deal may bring prosperity to wool sector

6:11 PM Fashion Trend Creator No comments
The once plagued wool industry gets a chance to move towards profitability as Elders Primary Wool is in receipt of a carpet deal that will earn farmers a premium of $1.30 per kg.

International Design Guild’s 120 US stores are likely to obtain a range of carpets from United States carpet manufacturer, Fabrica. Elders has signed a small yet important contract to supply Just Shorn branded wool to the above company for production.

Off late, wool is being sold for less than $3 per kg. In order to qualify for the premium, wool must meet with the requirements and quality criteria and meet farm management and animal husbandry accreditation. Further to prove that wool comes from the farm as declared, the above procedure will be supported by the firm’s traceability technology

Around all this, Chapman said, “We are yet to confirm accreditation standards and also decide on who will finish the audits. But that does not mean that the Fabrica contract be undervalued.”

Chapman also said, “The importance of this is the fact that there is a premium and it assures what US retailers have said, that they can sell product at a premium. It also ensures that the Just Shorn contract is on the right path.”

According to Chapman, this contract proved Elders’ belief that the wealthy would indulge in paying more for the carpets that were naturally made from long-lasting, environmentally friendly products. 



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Wednesday, April 7, 2010

Fibre producer invests in Czech pulp producer

6:39 PM Fashion Trend Creator No comments
Lenzing AG, quoted at the Vienna stock exchange and world market leader in cellulose fibers, acquires a 75 % share in Czech pulp producer Biocel Paskov A.S. The seller, the Austrian Heinzel Holding will keep a 25 % share in the company and manage paper pulp distribution.

Biocel paper pulp production capacity runs to about 280,000 tons per year. Lenzing intends to invest EUR 50 mill. in the site's capacity expansion, measures to increase energy efficiency and recovery systems. Biocel Paskov in the medium and long run will provide Lenzing with the option of producing paper pulp as well as dissolving pulp for fibers.

The transaction is pending anti-trust authority approval. The price is in the range of six to seven times Biocel's EBITDA.

Peter Untersperger, chairman of the Lenzing management board reasons: “The acquisition of Biocel is an important strategic step towards the Group's long-term extension of its vertical backwards integration. The expansion and restructuring of the site into a swing capacity producer of pulp will enable us to flexibly adjust to given pulp market situations and to either produce dissolving pulp for our fiber production or paper pulp for external customers. The acquisition is part of a hedging strategy to protect Lenzing from the impact of high pulp price volatility.“

In view of the dynamic expansion in business field fibers sustainable pulp supply is becoming an issue of growing importance to Lenzing.

Friedrich Weninger of the Lenzing management board and in charge of fiber business comments: “The existing pulp supply structure of the Lenzing Group which is characterized by our own pulp production, long-term supply contracts and spot purchases will not be affected by the acquisition of Biocel for the time being.



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Tuesday, April 6, 2010

Textile sector is missing out on essentials – Mr Maran, Textiles Minister

6:23 PM Fashion Trend Creator No comments
Recently, Mr Dayanidhi Maran, the Union Textiles Minister spoke exclusively with fibre2fashion and discussed about the various initiatives announced in the Union Budget 2010-11 and thanked the Union Railway Minister in particular, for announcing that the railways will explore the possibility of using jute geo-textiles, wherever the soil formation of the railway tract is unsuitable and weak.

He also shared with fibre2fashion, his experiences of leading textile delegations to various trade fairs and meetings to countries like Japan, US and a few European Union countries. 

The main focus according to him was to reduce dependency on traditional markets like the US and explore new markets of the Far East, Africa, Latin America, BRIC countries and Scandinavian nations.

He was very positive about the fact that, Indian textile products are really competitive but, he pointed out that the drive and inertia on the part of the exporters, seemed to miss out on the essentials like, offering the right product mix, quality, and marketing and promotion and noted that the Government and the Ministry of Textiles has extended a long hand for capitalizing on all such efforts and will continue to do so. 


Click here to read whole transcript of the exclusive interview. 



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Gas supplies to be suspended for a day each week

6:22 PM Fashion Trend Creator No comments
The gas utility supplier in Pakistan has decided to suspend gas supplies for a day each week in a rotational manner in each of the zones, beginning from April 6. In the first phase, gas supplies to Lahore Zone - 2 will be suspended for a day.

This decision has been taken by the Sui Northern Gas Pipeline Company Limited (SNGPL) purportedly to reduce gas load on domestic consumers and also provide uninterrupted supply to thermal power stations, which are running short of furnace oil.

Mr Gohar Ejaz, Chairman of the All Pakistan Textile Mills Association (APTMA) Punjab unit said that the utility agency has decided to suspend supply of gas to the industrial sector, which includes the textile and other industries. 



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Monday, April 5, 2010

Cotton-thread concept can save many lives

6:51 PM Fashion Trend Creator No comments
A discovery by Monash University scientists could see humble cotton thread emerge as a core material in low-cost 'lab-on-chip' devices capable of detecting diseases such as kidney failure and diabetes.

In a world first, the researchers have used ordinary cotton thread and sewing needles to literally stitch together the uniquely low-cost microfluidic analytical device, which is the size of a postage stamp.

Microfluidic analytical devices, which have been produced from a range of materials over the last couple of decades, allow scientists to carry out chemical analyses of minute fluid samples, such as blood and urine. Production of conventional devices is complicated and expensive, requiring the incision of channels into chips made of silicon, glass, ceramic or metal.

The device, created by Associate Professor Wei Shen and his research team from Monash University's Engineering Faculty, works by wicking fluid along the microscopic fibres of cotton thread sown into a polymer film. The thread's absorbent property ensures a defined flow for fluids being tested, so complex channels and barriers do not need to be etched into the chip.

Associate Professor Shen said the cotton-based microfluidic system was a novel concept and he hoped further research could lead to the provision of low-cost disease screening and detecting devices to developing countries.

"There are currently promising technologies in the area of paper-based microfluidic diagnostic devices, however the disadvantage is that it requires expensive equipment to fabricate the sensors," Associate Professor Shen said.

"The benefit of cotton thread-based devices is that they can be made using simpler equipment, such as sewing machines, so they could be produced in developing regions where high-cost diagnostics are not available and not feasible. We are in the very early days of this research, but we are very excited about where it could lead."






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