WASHINGTON — April 14, 2016 — Robert H. Chapman III — chairman, CEO and treasurer of Inman Mills — was elected to serve as Chairman of the National Council of Textile Organizations (NCTO) for 2016 at the group’s 13th Annual Meeting held April 12-14 at The Capital Hilton hotel located in Washington. Inman Mills is a family-owned textile company headquartered in Inman, SC that manufactures yarns and fabrics.

Elected as NCTO Vice Chairman for 2016 was William V. McCrary Jr., president & CEO of William Barnet and Son LLC. Barnet is a global fiber, yarn and resin manufacturer.  The company’s head office is located in Spartanburg.

Before turning over his gavel to Chapman, outgoing 2015 NCTO Chairman Jeff Price delivered the 2016 State of the Textile Industry address.  Price is president, Specialty Fabrics Division, Milliken & Company.

NCTO is a Washington-based trade association that represents domestic textile manufacturers.

• U.S. employment in the textile supply chain was 579,000 in 2015.
• The value of shipments for U.S. textiles and apparel was $76 billion last year, a nearly 14-percent increase since 2009.
• U.S. exports of fiber, textiles and apparel are up 38-percent over that same time period, reaching $27.75 billion in 2015.
• Capital expenditures for textile and apparel production totaled $2 billion in 2014, the last year for which data is available

13th NCTO Annual Meeting 2016 State Of The Industry Address
Delivered By NCTO Chairman Jeff Price, Thursday, April 14, 2016

2016 State Of The U.S. Textile Industry – Remarks As Prepared For Delivery

“It pleases me to report that the U.S. textile industry is on sound footing.

Between 1995 and 2009, our industry suffered through a historic and heartbreaking contraction that impacted countless workers and communities.

The last six years, however, have been different. Emerging from the depths of a severe national recession, the U.S. textile sector has rebounded.

Now, our challenge is both to sustain this impressive recovery and to find viable ways to generate a new era of growth.

The Numbers

Let me review some of the U.S. textile industry’s key numbers.

In 2015, the value of U.S. man-made fiber and filament, textile, and apparel shipments totaled an estimated $76 billion¹. This is an increase of almost 14 percent since 2009.

The breakdown of 2015 shipments by industry sector is²:

• $30.7 billion for Textile Mills;
• $23.7 billion for Textile Product Mills;
• $13.9 billion for Apparel; and
• An estimated $8.2 billion for Artificial and Synthetic Fibers and Filaments.

Our sector’s supply chain employs 579,000 workers³. The 2015 figures include:

• 116,400 jobs in Textile Mills;
• 116,400 jobs in Textile Product Mills;
• 136,800 jobs in Apparel Manufacturing;
• 25,600 jobs in Artificial & Synthetic Fibers & Filaments Manufacturing;
• 116,300 jobs in Cotton Farming and Related Industry; and
• 67,800 jobs in Wool Growing and Related Industry.

A look back to employment data from 2009 onward further illustrates that precipitous job losses have virtually stopped.

Today, job gains and losses likely are the result of normal business cycles, new investment, or productivity increases instead of being tied to the massive loss of market share as was the case in the 1995-2008 timeframe⁴.

Since 2009, U.S. exports of fiber, yarns, fabrics, made-ups, and apparel are up 38 percent, reaching almost $27.8 billion in 2015⁵.

In particular, the U.S. has a strong export position in fiber, yarns, and fabrics.  Exports of those products totaled $21.6 billion alone in 2015⁶, making America the 4th largest exporter of fiber and textile products in the world⁷.

Growing capital expenditures are also a clear sign of our industry’s positive outlook.

The textile and apparel sector spent $2 billion on capital expenditures in 2014⁸, the latest year for which data is available.

Investment in Textile Mills and Textile Product Mills has seen especially explosive growth, climbing from $960 million in 2009 to $1.8 billion in 2014 — an increase of 87 percent⁹.

In contrast, capital investment in Apparel is down $157 million, a decrease of 39 percent.

The index for Capacity Utilization for Textile Mills is up 39 percent since 2009 as compared to 19.5 percent Textile Product Mills, 3 percent for Apparel, and 17 percent All U.S. Manufacturing respectively.

In even better news, Capacity Utilization for Textile Mills exceeded that for All Manufacturing during three out of four quarters in 2015¹⁰.

Finally, the index calculating change in Industrial Production demonstrates that the textile industry is no longer a negative outlier within the U.S. manufacturing sector.

Since 2009, industrial production is:

• up 12.2 percent for Textile Mills;
• up 3.2 percent for Textile Product Mills;
• down 17.8 percent for Apparel; and
• up 20 percent for All U.S. Manufacturing.

But since 2012, however, growth in industrial production by Textile Mills has exceeded that of All U.S. Manufacturing.

Industrial production is up 7.6 percent for Textile Mills as compared to just 6.1 percent for All U.S. Manufacturing¹¹.

Growth in industrial production for Textile Product Mills was 5.9 percent, a figure almost identical to that for All U.S. Manufacturing.

Wrapping up the numbers, the fundamentals for our industry are sound. That does not mean, however, that we are free of challenges. Our sector has begun to see changes in demand as the global economy struggles to grow. Downturns in the business cycle are natural to every manufacturing sector and all of us need our own specific strategies for weathering difficult market conditions.

Policy

Moving on to policy, the textile sector is unique because changes in trade policy often can affect our business with serious, unpredictable consequences.

It is for this reason that we as an industry, and certainly as a trade association, must engage in the Washington policy process; otherwise we will have no working relationship with those who are shaping our government’s position on trade.

Trans-Pacific Partnership

It is my view, that the most important policy challenge to confront our industry in the past twenty years is the Trans-Pacific Partnership (TPP) free trade agreement.  Due to the inclusion of Vietnam with its state-run economy, TPP holds the potential to negatively impact the existing U.S. and Western Hemisphere textile and apparel production chain.

Consequently, it was essential for any agreement to meet the U.S. textile industry’s key negotiating objectives:

• A strong yarn forward rule-of-origin;
• Reasonable duty phase-outs on sensitive textile and apparel items;
• Continued stability in the Western Hemisphere textile and apparel supply chain; and
• Workable rules to facilitate Customs enforcement.

Thanks to the efforts of many NCTO members, NCTO staff, fellow textile-related trade associations, and our supporters on Capitol Hill, we can say that those goals were sufficiently met:

• The TPP’s yarn-forward rule-of-origin mirrors NAFTA/CAFTA;
• Duties for most sensitive items will be phased out over 10-12 years;
• Most items sensitive for Western Hemisphere are covered under yarn-forward and afforded 10-12 year tariff phase-outs to help businesses adjust to the new trade regime; and
• Customs language captures the stronger enforcement provisions from previous free trade agreements.

Accordingly, after carefully studying the finalized agreement, NCTO endorsed TPP in January of this year.

This endorsement, however, did not come without a full weighing of the various shortcomings and tradeoffs that were included in the final text.

There were a number of legitimate concerns.  Most notable was the inclusion of a short supply list that waived yarn-forward mandates for nearly 190 items.

NCTO since has communicated our displeasure with certain aspects of the agreement to the Obama administration and Congress so as to lay a foundation to prevent a repetition of these objectionable provisions in future agreements.

With that said, no trade agreement is perfect; but in this instance, U.S. negotiators struck a balanced deal that met NCTO’s key objectives.

Transatlantic Trade and Investment Partnership

Beyond the TPP, the United States is ramping up efforts to reach a free trade agreement with the European Union (EU), known as the Transatlantic Trade and Investment Partnership, or TTIP.

While these negotiations have moved at a slower pace than that of the TPP, TTIP talks are accelerating and that comes with two challenges for our industry:

• the EU favors a fabric-forward instead of a yarn-forward rule; and
• the EU is pressing for access to U.S. military contracts.

We are engaging our government proactively to resolve differences with the EU over textile origin rules.  This part of the negotiation will be very complex, but we feel that a reasonable solution can be reached.

At the same time, the U.S. textile sector and our industry partners have drawn a hard line on defense procurement.

U.S. military purchases must continue to be governed by the Berry Amendment.

No deal with the EU or any other set of nations is worth diluting the domestic sourcing mandates in our defense procurement code.

As T-TIP negotiations proceed, we will continue to work to make sure policy makers understand our positions on rules of origin, the Berry Amendment and other key elements of the agreement.

Tariff Preference Levels

Besides trade agreements, Congress debated and voted on a number of other textile trade policy issues this past year.

The most important involved the possible extension of three Tariff Preference Level (TPL) arrangements.

TPLs are an exception to yarn forward rules that have been included in a number of our free trade agreements.

NCTO opposes TPLs because they allow free-trade-agreement countries to export finished apparel and home furnishings duty free to the United States, despite the fact that these products contain yarn and fabric from third parties, such as China and Pakistan.

Two such TPLs have expired and another is scheduled to sunset this summer.  They are:

• Nicaragua TPL — 100 million square meters;
• Morocco TPL — 30 million square meters; and
• Bahrain TPL — 65 million square meters, which expires July 31.

Last year, NCTO defeated an aggressive lobbying effort on the part of various foreign governments, importers, brands and retailers to extend them.

Despite our victory in Congress, the proponents of TPLs continue to press for renewal of these arrangements.  As such, NCTO will remain diligent in its efforts to dismantle these harmful loopholes.

Miscellaneous Tariff Bill

While noting these industry victories, we are mindful that at least one vexing legislative problem is still in need of a solution.

For several years, the Miscellaneous Tariff Bill has languished in Congress.

This lack of action has hurt the U.S. textile sector because MTBs reduce duties on imports of inputs that are not produced in the United States.

The good news is that there appears to be a breakthrough on this issue. It is our understanding that the House Ways and Means committee and House Leadership are intent on moving legislation that would allow the MTB process to move forward.

Our message is simple. Because MTBs enhance the competitive position of our industry, we strongly urge Congress to restart the long-stalled MTB legislative process.

Other Trade Policy Matters

The industry’s Washington lobbying and advocacy efforts in other trade areas also directly benefited the bottom line of NCTO members. Those activities included:

• Successfully working to reauthorize the Ex-Im Bank;
• Fighting unwarranted Foreign Trade Zone applications; and
• Assisting member companies in defending against unjustified short supply petitions.

The Berry Amendment

Beyond trade matters, several government procurement issues have arisen in the last year.

First, the U.S. textile industry rallied to defeat an attack on the Berry Amendment¹².

Opponents tried to weaken Berry by raising the contract threshold.

Intense industry lobbying efforts were successful in striking language in the FY 2016 National Defense Authorization Act (NDAA) that would have increased the threshold from $150,000 to $500,000.

This victory is a tangible example of how NCTO’s efforts in Washington directly benefit the bottom lines of our members.

NCTO also welcomed two more audits — for a total of three — by the Department of Defense (DoD) Inspector General which assessed DoD’s compliance with the Berry Amendment.

A law requiring these audits was enacted as part of the FY 2014 NDAA¹³.  It would not be on the books were it not for the lobbying efforts of the Berry Amendment Textile Coalition of which NCTO is an active member.

After analyzing the three audits now in hand, NCTO believes that more training of contracting officers would improve DoD’s compliance with Berry.

The Revolutionary Fibers & Textiles Manufacturing Innovation Institute

NCTO welcomed the April 1 announcement by U.S. Defense Secretary Ash Carter of the selection of Advanced Functional Fabrics of America to lead the Revolutionary Fibers & Textiles Manufacturing Innovation Institute (RFT-MII)¹⁴.

The RFT-MII is a part of President Obama’s National Network of Manufacturing Innovation Initiative (NNMI). It is slated to receive roughly $320 million in funding — $75 million from DoD, and the rest coming in money and in-kind contributions from the private sector.

NCTO spent 2014 and the spring of 2015 working to ensure that textiles woul win an open competition against other industrial sectors to be picked for an innovation institute.  From April 2015 onwards, NCTO provided advice to DoD at their request about how to help launch the RFT-MII and about how to educate industry on how to participate.

We are both excited and confident that the RFT-MII will spur innovation in fiber formation and textile science by more effectively encouraging collaboration among our industry’s brightest minds.

Other Government Procurement Matters

Finally, in other government procurement matters, NCTO continued its work to strengthen relationships with the Defense Logistics Agency and other government customers.

NCTO also has been aiding the Department of Commerce’s Bureau of Industry and Security (BIS) as it studies the U.S. textile industry, especially as it relates to our ability to supply product under the Berry Amendment.

Effective Washington Presence Vital

NCTO must acknowledge that there is an organized, deep-pocketed opposition to our agenda that includes international apparel makers, brands, retailers and foreign governments.

2014 spending by these groups dwarfs the $1.9 million budget approved by NCTO’s Board of Directors two days ago¹⁵.

• $80.3 million — National Retail Federation (NRF);
• $7.3 million — American Apparel & Footwear Association (AAFA); and
• $6.6 million — Retail Industry Leaders Association (RILA).

The contrast in 2015 lobbying expenditures is even more pronounced¹⁶.

• $9.55 million — Wal-Mart;
• $8.25 million — NRF;
• $2.75 million — RILA;
• $1.63 million — NIKE;
• $1.55 million — Target Corp.;
• $760,000 — Sears;
• $732,000 — AAFA; and
• $200,000 — L Brands Inc. (formerly The Limited Brands).

Noting this sizeable financial disadvantage, it is imperative to keep growing this trade association.

Please help NCTO by identifying companies that should join our membership.

Moreover, we will also need your continued focus on NCTO’s Washington agenda if our industry is to enjoy continued policy success.

Rebranding Our Industry

Finally, I want to raise awareness of the fact that NCTO is leading a special public relations effort to help level the playing field for our industry.

This past May, NCTO engaged the public relations firm of Wray Ward to develop and execute an industry rebranding initiative. We have been joined in this important campaign by several industry partners.

Financial contributors include:

• American Fiber Manufacturers Association;
• The National Cotton Council;
• The Industrial Fabrics Association International; and
• Glen Raven Inc.

We are grateful for their support because the time is long overdue for our industry to take charge of how we are viewed by policymakers, the news media, and the public at large.

We simply cannot allow parties that oppose our policy agenda to perpetuate the false notion that we are antiquated and non-competitive.

Instead, it is our responsibility to paint a picture for opinion leaders and consumers that displays the textile industry’s true technical and innovative prowess.

To give a hint of one of the themes of the rebranding campaign, this picture must encapsulate our amazing cutting-edge technologies, our amazing products, our amazing contribution to the U.S. economy, our amazing impact on national defense, and most of all, our amazing associates who make all of this happen every day.

The public relations campaign being directed by Wray Ward is designed to just that, by:

• Painting an accurate picture of the 21st century U.S. textile and apparel industry;
• Correcting outdated and misleading impressions of the industry; and
• Establishing a baseline appreciation for the industry as a major employer, investor, innovator, producer, exporter, and competitor in the global marketplace.

Suffice it to say, there is a lot of hard work ahead, but our industry much at stake in changing outdated and false perceptions of how we are viewed.

Challenges Ahead

While last year was one of the most productive in NCTO history, challenges to the U.S. textile industry still dot the horizon.

Whether it be a soft global economy, the prospect of implementing the most important trade agreement in two decades, or just being committed to the goal of becoming a better industry tomorrow than we are today, complacency is not an option.

In Washington, it is incumbent upon NCTO to engage federal policy makers routinely and substantively on the many issues that directly impact our sales, investments, and workers because if we don’t, it will cost the U.S. textile industry revenue, markets, output, and eventually jobs.

As for what our industry wants from our government, we simply ask for a stable and logical policy environment that recognizes the value of the textile sector and its workforce. Doing so will allow this great industry to continue to grow, employ, invest, and improve America’s standard of living and quality of life.

In terms of how we are perceived inside and outside the Washington Beltway, we certainly cannot allow others to speak for our interests or to define our image.

That is why, each of us here today and our industry colleagues not in attendance owe it to ourselves, our companies, and most importantly to the people who depend on us for their livelihoods, to be the best advocates we can be for our amazing industry.

My parting challenge to my fellow industry colleagues is this; if you are involved, stay involved; if not, get involved, and support this organization to greatest degree possible.

Conclusion

Thank you for allowing me the privilege to serve as 2015 Chairman of NCTO; and although I am handing over my gavel later today to a very able successor in Robert H. Chapman III, Chairman, CEO & Treasurer of Inman Mills, I look forward to keep working with you to make this great American industry even more amazing.

Footnotes:
¹ Source: U.S. Census Bureau Annual Survey of Manufactures (ASM).  Data covers NAICS categories 313 (Textile Mills), 314 (Textile Product Mills), 315 (Apparel), and 32522 (Artificial and Synthetic Fibers and Filaments).  2015 Data for NAICS 32522 is not yet available.  Our 2015 estimate for the value of shipments in that category is $8.2 billion.
² Source: U.S. Census Bureau Annual Survey of Manufactures (ASM).  Data covers NAICS categories 313 (Textile Mills), 314 (Textile Product Mills), 315 (Apparel), and 32522 (Artificial and Synthetic Fibers and Filaments).  2015 Data for NAICS 32522 is not yet available.  Our estimate for the value of shipments in that category is based on data from 2014.
³ Sources: U.S. Bureau of Labor Statistics, U.S. Department of Agriculture, National Cotton Council, and the American Sheep Industry Association.
⁴ Source: U.S. Bureau of Labor Statistics
⁵ Source: Data for textiles and apparel is from The Export Market Report produced by the U.S. Department of Commerce, Office of Textiles and Apparel (OTEXA).  U.S. export data for cotton, wool, and fine animal hair is calculated from the U.S. International Trade Commission Interactive Tariff and Trade DataWeb using HTS Codes 5101, 5102, 5103 (wool), 5201, 5202, and 5203 (cotton).
⁶ Id.
⁷ Source: U.N. COMTRADE Database
⁸ Source: U.S. Census Bureau Annual Capital Expenditures Survey (ACES).
⁹ Id.
¹⁰ Source: U.S. Federal Reserve; All Manufacturing is NAICS All Manufacturing.
¹¹ Source: U.S. Federal Reserve; All U.S. Manufacturing is NAICS All Manufacturing.
¹² The Berry Amendment is codified at 10 USC 2533a. Defending and strengthening the Berry Amendment has been a longstanding point of emphasis for NCTO. This is because the law says that textile items bought with Department of Defense (DoD) funds must be made entirely in the United States, from fiber production all the way through final assembly. The Berry Amendment makes our nation more secure by ensuring that the United States always has access to an industrial base capable of innovating and manufacturing the world’s best military textiles.
¹³ See Section 1601 of the FY 2014 NDAA.
¹⁴ See: www.affoa.org and http://www.defense.gov/News/News-Releases/News-Release-View/Article/710462/dod-announces-award-of-new-revolutionary-fibers-and-textiles-manufacturing-inno.
¹⁵ Source: Foundation Center database. See: http://foundationcenter.org/findfunders/990finder/.
¹⁶ Source: U.S. Senate Lobbying Disclosure Act Database.

Posted April 14, 2016

Source: National Council of Textile Organizations (NCTO)

ADANA, Turkey — April 1, 2016 — SASA Polyester Sanayi A.Ş. — a producer of polyester staple fibers, filament yarns, polyester-based and specialty polymers and intermediates (DMT) — has announced a new fiber production plant investment of $70 Million. The investment is made because of the company’s need to increase its present production capacity and market share. The investment is planned to be applied in about late 2017.

At the end of investment, present fiber production capacity of SASA which is 160,000 tons per year will increase 100 percent up to the 320,000 tons per year level. It is expected that its contribution to the turnover will also be approximately $170 million per year.

Posted April 13, 2016

Source: SASA

HONG KONG — April 14, 2015 —The latest edition of Yarn Expo Spring concluded last month with a new record set for the exhibitor number. This increased 23 percent compared to 2015 to 309 exhibitors from 11 countries and regions, with the exhibition area also up 40 percent to accommodate this extra demand. While remaining stable, the visitor figure of 20,527 from 77 countries and regions (2015: 20,719) did not lessen the amount of business taking place at the fair, with many exhibitors reporting strong levels of orders and enquiries from existing and new customers.

Commenting on the fair’s success, Wendy Wen, Senior General Manager of Messe Frankfurt (HK) Ltd., said: “We are pleased to see more suppliers using Yarn Expo as their preferred platform to access the global yarn market, which was especially the case this edition with buyers from nearly 80 countries and regions attending the fair. Not only are the figures pleasing, but the optimistic feedback expressed by exhibitors and buyers demonstrates the positive atmosphere about the future prospects of the industry.”

Industry-leading companies see Yarn Expo as effective platform to engage with quality and target buyers

As Asia’s most reputable yarn and fibre trade event, Yarn Expo is a key platform for well-known global companies to present their newest products and meet new buyers. This year, Birla Jingwei presented their latest product lines — Birla Modal and Birla Spunshades — and Senior Manager Peter Dong said: “We’re very satisfied with the result this time. Our main goal is to connect with downstream buyers directly and we’ve met many of them over these three days. Yarn Expo engages a broad range of buyers, and it’s an ideal stage for us to introduce the company and products to our target buyers as well as to establish solid business relationships with them.”

Another big-brand exhibitor PT Indo-Rama also reported positive accomplishments. Its representative Mahesh Natesan said: “We’ve received many enquiries and many serious buyers have visited our booth. This fair has made a significant impact on our business development because the new contacts we’ve gotten over the last two years have improved our business.”

Growing participation from Uzbek exhibitors as buyers seek out their products

Uzbekistan’s cotton yarns are becoming more popular in the fair, which is reflected in the expanding presence of its exhibitors. After a rewarding experience at last year’s Yarn Expo Autumn, Quva Tekstil Ltd. made its first appearance in the spring fair. General Manager of the Export & Import Department Ergashev Oybek was pleased to see more of his compatriots participate in the fair. “We are so happy to see an increasing number of Uzbekistan mills exhibit here, and we find more buyers already know about our products as well. Not only did our current buyers visit our booth, but numerous new buyers also made enquiries. This fair is very useful for promoting our brand better in the high potential Chinese market. I highly recommend other mills from my country to join.”

Indian and Pakistani suppliers confirm the steady demand for overseas products

While some exhibitors began the fair concerned about decreasing demand in China for overseas yarns, the experiences of many companies in the India Pavilion and Pakistan Zone allayed this. Ravindranathan Narayanasamy, Joint Director of the Cotton Textiles Export Promotion Council (TEXPROCIL), the organiser of the India Pavilion, commented: “We’re very positive about the China market and, for sure, China will continue to be the biggest importer for cotton yarns. Without a doubt, China is the world’s biggest manufacturer, but the supply here is not enough to cater to the massive demand in the country. As a result, the import of overseas yarns will remain stable.”

What’s more, Narayanasamy said the majority of Indian exhibitors achieved their main exhibition objectives, which were to strengthen relationships with existing customers, as well as to explore new opportunities from Europe, Hong Kong, Japan, Korea, Japan, Taiwan, the US and different parts of China. One exhibitor with such rewarding results was GTN Enterprise Ltd. Its General Manager of Marketing Department, R Mohan Kumar, commented: “The visitor profile is the best feature of Yarn Expo for us because it features buyers not only from China but also other Asian countries like Japan and Korea. We think the contacts we’ve made during the fair will develop into serious business afterwards.” Narayanasamy further explained emerging business opportunities for Indian exhibitors: “We are seeing many new importers from Chinese provinces such as Jiangsu and Zhejiang as well.”

Pakistani fancy yarn exhibitor Abtex International Ltd. also felt the positive sentiment in the fair. The company’s Director Mohammad Saad said: “There are so many buyers asking for our products and getting samples. For certain collections, we’ve already given away all the samples we brought.” Meanwhile, he also expressed his confidence in the China market: “There is so much for us to explore in the China market, plus we are very competitive due to the fact that we can produce the same quality products at a much lower price.”

Industry players foresee promising market for synthetic fibers and knitting yarns

As verified by exhibitors at the fair, synthetic fibres hold much potential for the industry at present. Lejun Wang, vice director, R&D Center of well-known Chinese fiber manufacturer Hi-Tech Fiber Group Corp. commented: “We find that buyers here have a definite intention to place orders of fibers and polyester acid products. We’ve already met with several big brand buyers who showed strong interest in our new products.” Thai exhibitor Lucky Spinning Co., Ltd. experienced the same, with its Chief Marketing Officer Umesh Sharma saying: “Of those that have visited our booth over the last three days, around 80 percent were existing customers and 20 percent were new buyers. As a synthetic yarn manufacturer, we are pleased to see this increasing demand.”

Dong from Birla Jingwei also sees bright prospects for the synthetic fiber market. He explained: “Eco-products, such as recycled polyester, natural-dyed polyester and viscose fibers are going to be even more popular than before. Therefore, I think the synthetic fiber market will continue to enlarge.”

Furthermore, knitting yarn is also on track to become one of the most popular products at the fair, especially as buyers from PH Value, the concurrent knitting fair, also source in Yarn Expo. Victor Hu, CEO of Nantong Monofilament Technology Ltd., commented: “I came here from PH Value, and it’s so great to be able to buy knitting yarns in Yarn Expo.”

Buyers impressed by extensive variety of exhibitors

The diversity of Yarn Expo has always been a key attraction for buyers. Rabee Kalash from Dubai’s Ahmed Kalash & Sons International Trading Co. complimented the fair. “I’m so impressed with the array of exhibitors Yarn Expo has gathered, and have already placed orders. The fair is really helpful as I can make useful contacts here.” Chinese buyer Wang Lixing, General Manager of Nantong Qiyi Textile, agreed: “I’ve noticed an even wider range of new products on offer this year. I have already placed orders with several exhibitors.” He also commented on the industry’s future: “We can’t deny that the global economy slowed industry growth last year; however, I think it’s now picking up and will reach a new high point. I’m very confident about this.”

The next Yarn Expo Autumn will take place from Tuesday, October 11 to Thursday, October 13, 2016. Yarn Expo showcases a wide spectrum of natural and blended yarns including cotton, wool, flax / regenerated flax, silk, and man-made fibers and yarns, as well as specialty products including elastic, and fancy and blended yarns.

The fair is organized by Messe Frankfurt (HK) Ltd; The Sub-Council of Textile Industry, CCPIT; China Cotton Textile Association; China Wool Textile Association; China Chemical Fiber Association; China Bast & Leaf Fibres Textiles Association; and China Textile Information Centre

Posted April 14, 2016

Source: Messe Frankfurt