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Korea: Poor export cuts operation rate in Taegu district
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In the Taegu and Kyunbuk districts, the operation rate of shuttleless looms has declined due to stagnant exports of polyester filament woven fabrics. 17% of these looms are not working.
Korea's overall export value in 2001 remarkably decreased to slightly more than US$150 billion from US$172.2 billion in 2000. Textile product exports in January-- November 2001 were slightly less than US$14.6 billion, a decrease of as much as 14% from the same period of the preceding year. Especially, ...
Related newspaper, magazine, and journal articles from HighBeam Research
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Korea: Daegu weaving district faces crisis
Asian Textile Business
; There is a clear and rising trend toward bankruptcy and the closure of business in the Daegu weaving district because exports of polyester filament woven fabrics have not shown any signs of recovery and both weaving and dyeing industries are continuing at low levels. In this situation, some people
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Korea: Poor polyester fila. Woven fabric exports continue
Asian Textile Business
; Although July 2002 exports of polyester filament woven fabrics slightly increased by 0.2% from July 2001, the weaving industry still has a cautious attitude. Textile product exports in the first half of 2002 decreased to US$7,427 million, down 9.5% to the corresponding period of last year. Under
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Task to strengthen competitiveness again
JTN Monthly Asian Textile Business
; Textile Situation With the employment of 1.2 million people, the Indonesian textile & apparel industry is a major industry, which ranks first in the acquisition of foreign currencies. This industry has nearly 2,000 registered firms. Nevertheless, the relative retreat of Indonesia's
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Korea: New barriers for polyester woven fabric exports
Asian Textile Business
; Exports of polyester filament woven fabrics had come to show a sign of recovery, but concern is strengthening in the industry that the high won will apply a brake on them again. The exchange rate until April 2002 was in the range between US$1.00=1,300-1,320 won, but the won rapidly strengthened in
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TNI: Particular emphasis on development
Asian Textile Business
; Thai Namsiri Intertex Co., Ltd. (TNI) is a polyester filament woven fabric manufacturer in the Teijin Group. TNI consistently pursues 100% polyester filament mediumand heavyweight fabrics, not composite-fiber fabrics. According to President Katsusuke Kaisho, the export ratio of the company accounts
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Apr. exports of poly. fila. Fabrics to U.A.E. fall 65%
Asian Textile Business
; Korean exports of polyester filament woven fabrics to the Middle East were dull in April despite the end of the war in Iraq. According to the Korea Textile Trade Association, April polyester filament fabric exports (based on contracts with quota and voluntarily restricted regions) decreased by 38%
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Korea: More looms scrapped in Daegu
Asian Textile Business
; In the Daegu weaving district, there have been a lot of weavers' discontinuing business one after another. Although Daegu is recorded as the world's largest synthetic filament weaving center, it is doubtful of maintaining this status. Exports of synthetic filament woven fabrics mainly polyester
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ITS: Expanding nylon production capacity
JTN Monthly Asian Textile Business
; P.T. Indonesia Toray Synthetics (ITS) is a producer of nylon filament yam (monthly production capacity, 1,320 tons), polyester filament yarn (1,300 tons) and polyester staple fiber (5,560 tons). ITS plans expanding the production capacity of nylon filament yarn by 140 tons using OSP (one-step
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China: Anti-Dumping Duties on Polyester Fila. Fabrics
Asian Textile Business
; The European Commission imposed anti-dumping duties on Chinese-made polyester filament woven fabrics for apparel applications on March 16th. Anti-dumping duties were imposed on dyed or printed synthetic filament woven fabrics using 85% or more polyester. Duties of 20% were imposed on 25 firms in
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Mitsubishi Rayon Textile
Asian Textile Business
; Two Kinds of New Women's Wear Fabrics Mitsubishi Rayon Textile Co., Ltd. has developed two kinds of new women's wear fabrics. One is a "Modelet" woven fabric that combines triacetate "Soalon" with special polyester filaments. The other is a "Nabs" polyester filament woven fabric. "Modelet" can
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