Following a reduction in the price of polyester and an increase in the prices of cotton in China, cotton spinning has become less competitive. This is so because China is the world leading consumer of cotton.
Meanwhile, the price of polyester and the Cotlook A index have remained equal during most parts of the 2000s.Thus; cotton has at times remained a cheaper option.
From 2009 -2010, the price of cotton has remained above that of polyester.
As calculated by the China Cotton Index, the prices of the domestic cotton went down by the time of constructing the official reserves. This was after the government said it would discontinue buying cotton from its stockpile. At that time, the china cotton index stood at 144cents/lb. This notwithstanding, the domestic prices have plummeted and by august 2015, they averaged at 95 cents /lb. It implies that the gap has been narrowed compared to the prices at the international level. Note that polyester prices have continued to fall over the same period and have helped to maintain the spread between cotton and polyester.
The turmoil in the stock markets coupled with diminishing prices of cotton has curtailed the growth of china’s cotton spinning industry.
So far, the projections for consumptions stand at around 7.7 million tons which is definitely below the peak of ten million mark achieved in 2000s. Also, the mill use has shifted to countries whose production cost is low especially the Asian countries because cotton spinning has become less competitive in China. It is estimated that by 2015-2016, the consumption of the product across the globe will grow at a slower pace because the international cotton prices have remained higher compared to the price of the manmade fibers.
Further, it is expected that the consumption of cotton, will grow by 2 % and attain the level of 25million tons in the world. This implies that the volume consumed will remain below that attained prior to the global economic recession. Other than China, Pakistan and India remain the largest consumers of cotton. The three countries account for 64 percent of the cotton consumed in the world.
Note that the reduced growth in demand is unlikely to affect the worlds ever reducing stock that is expected to reduce by 6% or slightly more than 1 million tons to about 20.4 million tons.
Raw asbestos can be spun and woven into material fabrics and clothes. This is in view of its small and fibrous nature that also makes them tough enough to resist high temperatures, fires, and destructive substances. However, this doesn’t mean that they are indestructible- they can be cut or torn. The fire resistant quality of asbestos has made it a perfect material to use in protective clothes, for example, protective jackets for firefighters and the mitts and aprons worn by foundry workers. Weaving asbestos strands alongside other fibers enhanced the tensile strength of fabric products.
Despite the fact that the utilization of asbestos in fabrics can be dated back to 2500 B.C., it wasn’t until the late 1800s that it was mass produced in the US. One of the first firms to make asbestos materials was Johns Manville, which started working on it the year 1884. As the demand for asbestos products accelerated – and with it being woven using the same technique as cotton some textile plants that were constructed to process cotton were changed over to asbestos processing plants during the early 1900s.
Different grades of asbestos strands of were blended in a fiber blender as per details of the proposed product. The filaments are then made into a fiber mat. The mat is pressed and layered to form an arrangement of fiber mats known as a lap. The lap is then used to make thin ribbons known as roving. At this step, other strands like cotton or rayon can be included. The roving is spun further to form a yarn. The yarn is which can produce thread. The thread can now be processed into the many different products such as clothing, rope, wicking or even tape.
In the US, the Carolinas were especially instrumental in the business. There were huge deposits of naturally occurring asbestos in both the North and the South, and plants were built up in previous cotton factories close to the mines. One such plant was the Southern Asbestos Manufacturing Company plant in Charlotte, North Carolina. In 1920, the firm bought a cotton processing plant and changed it over into an asbestos plant that produced yarn and fabric. In only two years, the firm’s profits dramatically multiplied.
The utilization of asbestos in making fabric and clothes declined because asbestos is poisonous. Presently, a wide range of fire resistant materials are utilized in the manufacture of fabrics and protective clothing. While people in this day and age are searching for safe asbestos removal Sydney for their homes and commercial buildings – a little more difficult than throwing out a jacket. Continue reading “Flashback: Asbestos Used in Textiles”→
When I first read the word Dragon Silk, my eyes widened, thinking there was some Game of Thrones related textile on the market!!
I was wrong.
As a developer of the advanced spider silk based fiber, Kraig Biocraft Laboratories inc. Has announced that it has filed an additional patent in partnership with the University of Notre Dame aimed at strengthening its intellectual property protection. This is to safeguard its transgenic spider and silkworms technologies.
The patent application is choreographed to protect the creation of the Kraig Labs chimeric spider silk as well as transgenic silkworm. So far, the company has open patent actions in about ten countries including those that produce and consume silk.
It is worth noting that Kraig labs has remained committed to the innovation spirit and does not belief in giving ‘’we cannot’’ answers. This is according to Kim Thompson who doubles as a company founder and a CEO. This pursuit is what has led to a series of inventions including the recently announced Dragon Silk genetic line. These two patents are therefore meant to protect the creativity and the value of the job done by Kraig labs and other shareholders. It is believed that the patents will work hand in hand with the existing market development plans.
The renowned German flat knitting company Stoll has signed a partnership deal with Shangai based Shang Gong group (SGG), a company that specializes in sewing and textile welding. The two companies are committed to developing innovative solutions along the textile value chain. The two companies are also committed to developing innovation solutions along the textile value chain.
In addition, the two companies share the vision of industry 4.0 in the textile industry and other fields for technical textile applications.
Despite the changes, Stoll has reiterated that all its current corporate values such as innovation, support, quality, service and responsiveness will remain its priorities. This partnership is geared at supporting the future growth, sustainability and is the basis for further expansions and new product development. On the other hand, Stoll will benefit by increasing its presence in Asia and enhance its knowhow.
It is necessary to understand that SGG is a strong international company that has a deep understanding of the textile industry. Its German brands Durkopp Addler , KSL Keilmann SGG and Pfall industrial are famous and enjoy a significant presence and operation in Europe. Also, SGG facilitates deeper access to the Chinese and Asian markets.
SGE (Shang Gong Europe) is a subsidiary of SGG. It is expected to team up with KG, H.Stoll AG &Co. as a minority share holder in terms of capital increase. In addition, SGE have one member in stroll’s supervisory board while Stoll will keep its majority in the company. The formal partnership will take effect after the merger has been cleared by relevant merger control authorities