Petrochemicals PET Packaging Nonwoven
Crude Oil Prices Trend
Big-box retailer Kohl’s has reportedly canceled apparel orders across the board, much to the chagrin of its international supply chain partners.
The Korea Federation of Textile Industries (KOFOTI) is hitting back, demanding the store chain reconsider its commitments to manufacturers across the globe. The decision puts the livelihoods of about 200,000 workers at risk, the group said in a statement to Just-Style.
While the group appreciates the devastating impact that the pandemic has had on the textile industry, Kihak Sung, KOFOTI’s chairman, said Kohl’s has a responsibility to its suppliers, and shouldn’t leave them high and dry even as consumer demand plummets.
Even for an industry already hit hard by the coronavirus, this week was especially devastating for the oil business.
Oil markets hit a historic first this week when prices dropped so low they went negative, falling to as little as negative $40 a barrel.
With negative pricing, crude has fallen by more than $100 this year, from roughly $60 per barrel at the beginning of the year. Petrochemicals PET Packaging Nonwoven
Prices have since rebounded into profit, but the industry is far from being in the clear.
Researchers at Purdue University and Tufts University in the US, together with colleagues at the Indian Institute of Technology, are transforming waste polyethylene terephthalate into battery components.
In a study published in the journal ACS Sustainable Chemistry & Engineering, the scientists explain that they used an ultrafast microwave irradiation process to turn polyethylene terephthalate flakes into disodium terephthalate and use that as battery anode material. Petrochemicals PET Packaging Nonwoven
-Italy -Covid-19 crisis / The controversial letter with which Miroglio imposes a discount on suppliers: what do you think? ( Italian Language Only)
The fashion giant (over 700 million euros in turnover) has sent a letter to some suppliers, especially in the Prato area, in which it basically imposes a discount in exchange for the certainty of the supply and the security of timely payments. The letter is making a lot of discussion and opens up themes that for those who, like us, follow the industry, are essential: the power relationships between young and old and the survival of the fabric of SMEs. Petrochemicals PET Packaging Nonwoven
We do not take a stand and leave the word to the readers: what do you think? Is this an unacceptable blackmail or a just request for solidarity in the supply chain in a difficult moment? Write it here or on our Facebook page. Obviously, any non-continent or non-polite comments will be quickly deleted
«In this context, we consider it appropriate to start a discussion of the supply chain, where the entire fashion supply chain (from the dealer to the manufacturer of the fabric thread) contributes to supporting each other. For this reason, just as we are granting our customers all kinds of financial support to help them, we expect that our supply chain can do the same with us “, writes the CEO of the Miroglio group Alberto Racca in the letter sent to some suppliers (the reports and controversies started mainly from the Prato area, by the blog targettopoli.com, later taken up by the Fatto Quotidiano and the pages of Cuneo della Stampa) with which he basically asked to share the costs of the crisis from Covid-19.
The US shale industry was forecast to deliver record high oil production this year. Only a few months ago the Permian basin was expected to increase its oil output to a new high of 4.8 million barrels per day, on the way to spurring the entire US market to a record daily output rate of 9 million bpd in 2020.
The Permian, North America’s largest shale basin, has been one of the biggest drivers of a shale oil boom that helped make the United States the biggest oil producer in the world, ahead of Saudi Arabia and Russia. Petrochemicals PET Packaging Nonwoven
Instead, the region – which stretches from western Texas to eastern New Mexico – has endured its biggest one-month production decline in history.
Researchers at Monash University in Australia have created a new fabric using nanoparticles that they say could potentially replace current clothing textiles. Features include improved thermal comfort, reducing body temperature by 4.5°C, shielding harmful UV rays, and improving washing durability.
Population growth and improved living standards require solutions for textiles with new functions to meet changing needs,” the researchers say. “Imagine having clothing that can keep us cooler on those sweltering hot days and has the ability to prevent UV radiation from damaging our skin.” Petrochemicals PET Packaging Nonwoven
The researchers have developed a nanomaterial-based coating for fabric that could potentially replace conventional clothing material and pioneer the future of textile development across the world.
Draylok Technologies LLC (SEZ Alabuga, Tatarstan) has launched the production of disposable protective masks, the press service of the Ministry of Industry and Trade of the Republic of Tatarstan informs.
The company redesigned one of its lines for the production of products that are now urgently needed. Masks are made from certified non-woven spunbond material, similar to that used in the production of hygiene products, including medical supplies. The volume of production is about 7.5 million products per month. Petrochemicals PET Packaging Nonwoven
Currently, the company is developing its own technical specifications for this type of product and is considering further voluntary certification, the report said.
None injured as a huge pall of smoke rose above Cuevas de Reylló
Firefighters belonging to various brigades in the Region of Murcia took six hours to bring a blaze under control on Saturday at a plastics recycling plant in Cuevas de Reylló, in the municipality of Fuente Álamo, with a huge pall of black smoke billowing up into the sky alongside the RM-602 road. Petrochemicals PET Packaging Nonwoven
The intelligent Truetzschler card TC 19i has been proved a hit in customer applications in key textile markets. TC 19i achieved up to 40 per cent less yarn imperfections and new potentials for productivity increase for customers. At the same time, TC 19i demonstrated significant raw material savings of up to 2 per cent at a steady yarn quality level.
Badsha Textiles is a leading textile conglomerate and producer of a range of high-quality carded, ring and open-end yarns in state-of-the-art spinning mills. The company trusted Truetzschler to deliver on its promises regarding the performance of TC 19i – and has not regretted its decision yet. In a production of cotton ring yarn, for example, the TC 19i achieved a reduction of yarn imperfections of minus 35 per cent at a production of 90 kg/h, according to a Truetzschler press release. Petrochemicals PET Packaging Nonwoven
Petrochemicals PET Packaging Nonwoven