5/7/2020 11:06:01 AM
China's central bank reiterated its intent to maintain a "conventional monetary policy as long as possible", while keeping certain policy adjustment space to encourage moderate savings and prevent asset bubbles. The tone was evident in an article authored by a research team of the central b…
5/7/2020 10:55:39 AM
In the first quarter of 2020, the orders intake of Italian textile machinery registered a sharp drop. The Covid-19 pandemic impacts heavily on the sector. The consequences on the orders will be more negative in the second quarter. The index of orders intake for textile machines drawn up by ACIMIT, th…
5/6/2020 4:57:42 PM
Dr. Ralph Mennicke Loepfe announced today the appointment of Dr. Ralph Mennicke as Chief Executive Officer of Loepfe Brothers Ltd., effective from April 14, 2020. Ralph Mennicke takes over from Maurizio Wermelinger who, having joined Loepfe in 2007, became CEO in 2009 and is now retiring. The Loepfe …
4/24/2020 3:22:51 PM
"A very big thank you to all our customers and employees for their trust” April 23, 2020 – staggered in terms of timing and with varying magnitude, the global spread of coronavirus is impacting the development of the regional economies in the core markets of the Manmade Fibers segment of the S…
4/24/2020 10:24:09 AM
Spinning and weaving project with 200,000 spindles capacity invested by Sichuan Zhongda Chuan Property Co., Ltd. held a groundbreaking ceremony in Guyuan City, Ningxia Province. This project is a full industrial chain project, including spinning, weaving and apparel. The total project covers an area …
4/24/2020 10:21:49 AM
According to the National Bureau of Statistics, in March, China's value-added industrial output above designated size actually decreased by 1.1% year-on-year (the growth rate hereinafter refers to price-adjusted actual growth rate), 12.4 percentage points narrower than that of the first two months of…
4/24/2020 10:16:23 AM
In light of the current coronavirus (Covid-19) pandemic, ITMA ASIA + CITME 2020 has been rescheduled, despite receiving strong response from exhibitors. Originally slated to be held in October, the combined show will now take place from 12 to 16 June 2021 at the National Exhibition and Convention Cen…
4/15/2020 5:21:24 PM
· Partners will combine strengths in material innovation to better serve customers in China and overseas · Agreement builds on long-term relationship between BASF and INOV, China’s leading producer of propylene oxide (PO), downstream derivatives of ethylene oxide (EO), and polyurethane BA…
4/15/2020 10:45:56 AM
ITM International Textile Machinery Exhibition and HIGHTEX International Technical Textiles and Nonwoven Exhibition, held every two years in partnership with Tüyap Tüm Fuarc?l?k Inc. and Teknik Fuarc?l?k Inc., and in cooperation with TEMSAD, were planned to be held between June 2-6 this…
4/10/2020 4:10:13 PM
In 2019, China’s technical textile industry adhered to innovation-oriented development, and actively promoted the transformation and upgrading and structural reforms. Through the full exploration of the market at home and aboard, it strove to overcome the downward pressure on the economy, and mainta…
