Search Results for: Turkey
10 results out of 1064 results found for 'Turkey'.
TURKISH TEXTILE MANUFACTURING UNAFFECTED BY UNREST – CLAIMS INDUSTRY ASSOCIATION
A leading industry body representing Turkish textile and apparel manufacturers has told WTiN that the country’s textile and garment sector has been unaffected by the anti-government protests and strike action that have hit the country over the past two weeks. The demonstrations entered their 15th day on Friday (June 14), and a two-day strike by thousands of trade union members took place in Turkey’s major cities last week.…
CHINA TEXHONG OPENS YARN FACILITY IN TURKEY, EYEING ON THE EU MARKET
TROUBLED Turkey’s textile sector is to get a shot in the arm with the launch of a major Chinese-owned yarn manufacturing plant in Balıkesir, west Turkey, south of Istanbul. Shanghai-based Texhong plans to invest about USD180 million in the factory complex, which will supply more than 16,000 tonnes of core-spun cotton yarn and blended yarn to the European Union (EU) market annually, Qiu Ming, general manager at Texhong Turkey told WTiN.com.…
HVDC DEVELOPMENT AND INNOVATION RAMPS UP
RECENT technical advances and headline projects show how companies with market leadership in high voltage direct current (HVDC) and Ultra HVDC (UHVDC) are pushing the envelope of what these technologies can do.
Since Sweden’s ASEA (now part of Swiss multinational ABB) installed the world’s first commercial HVDC link, under the Baltic Sea to the Swedish island of Gotland in 1954, it has become the technology of choice for transmitting current over very long distances on land or subsea.…
TURKMENISTAN’S GROWING TEXTILE INDUSTRY OFFERS INVESTMENT POTENTIAL SAYS EBRD
TURKMENISTAN’S growing textile sector may in future provide opportunities for foreign investment through the privatisation of state-owned manufacturing units, a spokesman from the European Bank for Reconstruction and Development (EBRD) in Ashgabat told just-style.
But overseas investors needed to take care, he said, noting a lack of international best practice within the sector – warning investment in the central Asia republic was a “long shot in the mid-term if not further in the future”.…
TURKEY CLOTHING MANUFACTURERS CLAIMS DEMONSTRATIONS HAVE NOT IMPEDED THEIR WORK
THE TURKISH textile and garment industry body told just-style said that there has been no disruption to its delivery of orders following the civil unrest that has been taking place in the country for more than a week. The anti-government protests, which began on May 31 in Istanbul, extended to a two-day strike in Turkey’s major cities on June 4 to 5 by thousands of trade union members.…
KYRGYZSTAN’S PROMISING GARMENT INDUSTRY FACES CHALLENGES
KYRGYZSTAN’S promising textile and garment industry increased “textile and garment exports 17-20% between 2010 and 2011,” a United States Agency for International Development (USAID) official in the Kyrgyz capital Bishtek has told just-style, quoting most recent available figures. Indeed he claimed the Kyrgyzstan government’s goal of increasing garment and textile exports by 60% from 2012 to 2015 is “achievable”.…
APPAREL MANUFACTURERS SEEK SUSTAINABLE OPTIONS SUCH AS ECOLABELS, CLOSED LOOP SUPPLY CHAINS
The challenges of working out whether textiles are sourced, produced or manufactured ethically are magnified by the plethora of eco-labelling schemes that apply to the industry. According to the Vancouver, Canada-based Ecolabel Index (www.ecolabelindex.com) there are 436 ecolabels worldwide, of which at least 24 cover textiles, clothes, other apparel and garments (while several others potentially overlap into the industry).…
EASTERN EUROPE SEEKS GAS INDEPENDENCE FROM RUSSIA
Poland confirmed plans in 2012 to build a liquefied natural gas (LNG) plant with a view to importing supplies from Qatar, it seemed like the latest example of eastern European energy ministries trying to avoid energy dependence on Russia. Plans to develop shale gas in Poland and the Baltic States fall into the same category, along with policies to build energy infrastructure linking Poland and its Nordic and Baltic neighbours.…
PRIVATE EQUITY PURCHASE OF RECYCLER BEFESA PROGRESSES
The agreed acquisition of Spain headquartered steel waste recycler Befesa Medio Ambiente has moved on with formal notification to the European Commission for consideration by European Union competition watchdogs.
Befesa’s Spanish parent Abengoa announced in April that it had struck an exclusive agreement to sell 100% of its subsidiary to an acquisition vehicle of a fund managed by private equity firm Triton Partners in a deal valued by Abengoa at EUR1.075 billion and which was approved earlier this month by Abengoa bondholders.…
COLOMBIA GOVERNMENT RESPONDS TO SMUGGLED STEEL ALLEGATIONS
A growth in alleged steel smuggling into Colombia has sparked concern by steel workers unions, who have successfully pressured the government to take action against illicit trades. The Colombian authorities are investigating recent steel imports from China and Mexico, fearing they may have breached the country’s trading laws.…