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Turkey imposes anti-dumping duty on POY import from Vietnam et al

Apparel ResourcesAugust 19, 2017

Turkey’s Ministry of Economy has decided to impose provisional anti-dumping duties on the polyester Partially Oriented Yarn (POY) imported from the South-East Asian country Vietnam and 6 others.

POY imported from Vietnam, coded HS: 5402.46, will attract 36.28 per cent anti-dumping duty, said the Ministry.

The decision of imposing duties on POY has come amidst the investigation initiated in February this year by Turkey. In the investigation, the Ministry of Economy found that from January 1st, 2010 to December 31st, 2016, the imported quantity of the polyester POY had surged significantly.

The probe over rising yarn imports (from 159,960,807 kg in 2010 to 295,789,479 kg in 2016) strengthened following a complaint filed by a Turkish textile manufacturer Korteks Mensucat ve Sanayi Anonim Sirketi.

Expressing the disappointment over anti-dumping duties, Vietnam Competition Authority, commented, “Despite being one of the key exporters of POY to Turkey, we have been subjected to these duties which are clearly not a good sign for us.”

Not just Vietnam, Turkey has imposed temporary anti-dumping duties on POY imported from China, India, Indonesia, Taiwan, Malaysia and Thailand as well.

POY import from India, Taiwan and Thailand will be taxed at 10.15 per cent, 14.3 per cent, 18.85 per cent. Whereas the same would be levied at US $ 263 per tonne, US $ 120 per tonne and US $ 138 per tonne, respectively as far as China, Indonesia and Malaysia are concerned, stated the Turkish Ministry.

The duties will remain effective until the final decision on the investigation comes out.

Events News

FESPA Eurasia 2017: Exhibitors increase stand space

Apparel ResourcesAugust 10, 2017

Textile Events News — FESPA Eurasia 2016

The 2017 edition of FESPA Eurasia is all set to roll out on a bigger note with nearly 10 per cent of the previous exhibitors expanding their stand space. The fair for wide format, screen and textile printing and garment decoration, FESPA Eurasia will run from December 7-10 at CNR Expo in Istanbul, Turkey.

“Exhibitors increasing their stand space clearly shows the growing interest in the event. Not only the high footfall but the seniority and purchasing authority of the people makes it (FESPA Eurasia) an important and leading event,” says Michael Ryan, Group Exhibition Manager, FESPA.

The successful 2016 edition of FESPA Eurasia, which witnessed footfall of over 9,500 visitors, prompted the exhibitors to increase their exhibition space and display even more innovations.

The exhibitors noted good business queries at the 2016 fair. Around 44 per cent of the visitors made the final purchase decision at the event itself. Meanwhile, 81 per cent visitors were involved in the decision-making process.

“This event holds a very important place in our marketing strategy. It is a very effective marketing platform which enables us to display different innovations to the industry. We also expand our customer portfolio with the help of FESPA Eurasia,” avers Sercan Yağuçmen, Regional Manager at Roland DG, Mid-Europe.

Currently in its fifth edition, FESPA Eurasia has noted an 18 per cent surge in visitation over the years. The Turkish Union of Chambers and Exchange Commodities (TOBB) has even tagged FESPA Eurasia as the ‘International Trade Fair’ because of its growing popularity and increased visitation.

Business Trade Data News

Turkey to invest in Pakistan’s textile industry

Apparel ResourcesMay 30, 2017

Garment Factory in Pakistan — Image Courtesy: ipsnews.net

Surge in Pakistan’s Gross Domestic Product (GDP) is rapidly attracting several Turkish companies which are looking for more business avenues. It is pertinent to note that many companies from Turkey have already established themselves in Pakistan. “Currently negotiations are underway for Foreign Direct Investments (FDI) in Pakistan’s textile industry particularly in fabrics and yarn; however, some technical issues remain unresolved,” said Mustafa Mente, General Secretary, Foreign Economic Relations Board of Turkey. He further added that both Turkey and Pakistan are keen to invest in the textile industry but they need to find common ground.

Also Read – Pakistan’s T&C exports decline sharply

Mente is optimistic that the volume of Turkish investments in Pakistan as well as Pakistani investments in Turkey will increase across all sectors. “The entire region of South Asia that includes India, Pakistan and Bangladesh is distinctive mainly because of its vast population and therefore attracts Turkish companies to invest,” further averred Mente. However, the distance and cost of travelling continue to remain issues. Turkey faces the same concern with the American markets as well, though there are a lot of opportunities for SMEs and other such businesses.

Negotiations are also underway between Turkey and Pakistan to finalize a Free Trade Agreement (FTA) so as to enhance trade between both nations. According to the Pakistan Business Council, the level of bilateral trade between the two countries, at present, is US $ 584 million, which has the potential to go up to US $ 5 billion. Of late, few Turkish companies have invested directly in Pakistan, especially in Punjab, but that is more due to the Government’s urge to recreate some Turkish models in the provincial capital. At present, Pakistan’s exports to Turkey is US $ 391 million, whereas Turkey’s exports amount to US $ 193 million.

Business Sourcing News

Rieter awards Sirikcioglu Mensucat license for Com4 ring, Com4 rotor

Apparel ResourcesMay 8, 2017

Switzerland-based spinning technologies manufacturer Rieter has awarded its customer Sirikcioglu Mensucat, one of the leading textile companies in Turkey, the license for high-class ring and rotor yarns. The licensing allows the company to promote the yarns under the brand names Com4®ring and Com4®rotor.

It may be mentioned here that Com4® is a globally registered trademark for yarns which are produced on Rieter spinning machines. The company promotes the yarns of the licensees worldwide at trade fairs and seminars, organizes training courses for yarn handlers and provides supporting publicity material.

Also Read – Rieter completes 20 years of Com4 yarns

With headquarters in Kahramanmaras, Turkey, the company processes 90,000 tonnes per year of cotton and manmade fibres to high-quality ring and rotor yarns, spun on 150 000 Rieter spindle equivalents. The weaving mill’s capacity with 700 weaving machines is 60 million metres of fabric per year. Also, the company focuses on the reduction of its CO2 emissions and on increasing its energy efficiency.

Business Sourcing News

Turkish textile company to start factory in Serbia

Apparel ResourcesMay 2, 2017

Textile Factory — Image Courtesy: sputniknews.com

Turkish textile company Birlesik Tekstil is planning to open a factory in Belgrade, Serbia by the end of this year. This was announced by Belgrade Mayor Sinisa Mali. The proposed factory will come up in city’s Lazarevac municipality.

Birlesik Tekstil has acquired a factory of insolvent local textile company Beko and mulls to appoint 600 employees by the end of 2017 and another 600 at a later stage to do the business. The representative of Birlesik Tekstil, Muradin Gunes, expressed his gratitude to Serbian Trade Minister Rasim Ljajic for supporting the company’s investment in the country.

Also Read – Indonesia rebooting its textile industry

Serbia plans to promote a model that involves the reconstruction of old and abandoned halls where interested investors could install machinery and immediately start production. The country’s exports to Turkey rose by 10.8 per cent to 30 billion dinars in 2016, while imports from Turkey increased 18.1 per cent to 74.3 billion dinars, according to data from Serbia’s statistical office.

Events News

Shima Seiki to take part in a private exhibition in Turkey

Apparel ResourcesApril 28, 2017

Shima Seiki SDS-ONE APEX3 — Image Courtesy: shimaseiki.com

Leading flat knitting machine manufacturer SHIMA SEIKI MFG., LTD. of Wakayama, Japan will take part in a private exhibition hosted by TETAS IC VE DIS TICARET A.S., the company’s sales representative in Turkey, on 4th -6th May, 2017, at its showroom in Istanbul, Turkey.

The company will display range of WHOLEGARMENT® knitting machines including the latest MACH2XS with original SlideNeedle™ on four needle beds and spring-loaded moveable sinkers. Computerized flat knitting machines – SRY series features a pair of loop presser beds that allows production of unique hybrid knit-weave fabrics as well as technical textiles. Whereas SVR workhorse series resets the industry benchmark for shaping machines, and SSR series offers industry-leading technology in an economical package.

Also Read – Shima Seiki launches world’s first PLM for flat knitting industry

Additionally, at the three -day show, Shima Seiki will also exhibit P-CAM160 singleply cutting machine and SIP flatbed inkjet printing machine, featuring a height adjustable printing head that allows for printing onto 3D textures, as well as finished products such as WHOLEGARMENT® items.

It may be noted that all the demonstrations will be performed on the SDS-ONE APEX3 design system. With comprehensive support of the knit supply chain, APEX3 integrates knit production into one smooth and efficient workflow from planning and design to machine programming, production and even sales promotion.

Business Retail News

Galaries Lafayette’s Istanbul store is ready to open!?

Apparel ResourcesApril 14, 2017

The famous French fashion department store chain Galaries Lafayette is ready to open their first luxury store in Istanbul’s Emaar Square Complex. The deal to open the store was cemented in 2012 with Turkish retailer Demsa and the project was delayed by almost two years owing to some differences between both the parties. However, the Turkish media is reporting the inaugural of the store slated for April 28 to accord with the opening of UAE’s Emaar Square shopping centre.

Demsa Group operates over 110 stores in Turkey and represents plentiful luxury brands like DVF, Juicy Couture, Salvatore Ferragamo with Shop in Shop concept as well as bigger labels like Longchamp, Kurt Geiger and Michael Kors that get their independent stores. The sprawling department store’s premises expands over 10,000 square metres in the 150,000-square-metre mall, which is being built by one of the UAE’s biggest realtor, Emaar.

Also Read – Valentino to launch ‘biggest store in the world’ with Yoox Net-A-Porter

An official comment regarding the opening is not available from Galaries Lafayette. This is not the only store that the chain has been cagey about as their Doha store opening, which was slated for 2016 has also been rescheduled for later this year. Apart from the French chain’s home in Paris, they already have international occupancies in Berlin, Dubai, Beijing, Jakarta and hopefully Istanbul, very soon!

Events News

ITM 2018 to raise curtains on April 14

Apparel ResourcesApril 11, 2017

International Textile Machinery Exhibition (ITM) is all set to raise its curtain on April 14, 2018. The four-day long event being organized at by Tuyap Fairs and Exhibitions Organisation Inc. & Teknik Fairs Inc. is expected to notice huge footfall. The event will be held at Tuyap Fair Convention and Congress Centre, Istanbul, Turkey.

More than 1,000 textile technology providers are expected to present their latest models at ITM, one of the most important meetings of the global textile industry. The international trade fair is the largest Turkey and is among the most important textile technology exhibitions in the world. The last event was held from 1-4 June 2016, when 1,200 firms exhibited their latest technologies.

Also Read – ITMA 2019: Barcelona to host after 8 years

ITM 2016 was visited by 49,730 people from Turkey and 76 countries. Increase in numbers is expected at the upcoming edition.

Business Retail News

Foreign fashion brands plan to enter Turkish market

Apparel ResourcesApril 11, 2017

Apparel Retail Store — Image Courtesy: pitchengine.com

Three foreign apparel brands Uniqlo, New Yorker and Selfridges are planning to make entry into Turkish market. If reports are to be believed then these brands are looking for appropriate space to mark their presence in Turkey.

These brands, who have been observing Turkish market for the past two years, are planning to foray into Turkish market in view of its growth rate, young population and increasing per capita income.

Noting that there were only a handful fashion brands which are yet to enter Turkey, Ander, a board member of JLL Turkey said, the talks with the three brands, were ongoing. Among these three, Turkey is planning to close deal with at least two of these brands to open stores before the end of the year.

Also Read – Turkey imposes 72.56% AD duty on Vietnam’s polyester textured yarn

Ander said there were demands for Turkish goods in European shopping malls despite the political difficulties. Market interest was mostly driven by the rapid mobility, diversity and price policy of Turkish brands like LC Waikiki, Koton, Defacto and Mavi.

Business Sourcing News

Rieter opens new service branch in Turkey

Apparel ResourcesApril 7, 2017

Switzerland-based spinning technologies manufacturer Rieter has opened a service branch in Kahramanmaraş, Turkey with the name Rieter Ltd. Kahramanmaraş, a subsidiary of Rieter Textile Machinery Trading & Services Ltd., Istanbul.

The objective of the newly established service branch is to support its customers in the region, together with its sales agent Erbel A.S., based in Istanbul and Adana, Turkey, with an even faster and better service. It comprises both mechanical and electronic services which include the revision of gear units, servomotor adjustments, as well as repairs and upgrades using original parts.

Also Read – Rieter posts 13% rise in order intake in FY ’16

The facility also comes up with a spare parts warehouse which includes control units, sensors and drive systems, facilitating fast replacement and therefore minimum production downtime.

In addition, Rieter also offers after-sales services such as mill assessments and comprehensive after-sales solutions across all processes. The product range is rounded off by installation and repair services, technology consulting and training.

It ideally complements Rieter’s strong presence in Turkey and provides state-of-the-art solutions and dedicated support to local customers. More than 60 per cent of the installed base of Rieter machines in the country is located within a radius of around 200 kilometres.

Business Sourcing News

Calik Denim develops Circular 100 fabrics with Lycra dualFX technology

Apparel ResourcesApril 1, 2017

Calik Denim, a Turkish integrated yarn and weaving factory, has developed new Circular 100 fabrics powered by Lycra dualFX technology by Invista in order to create a better alternative to traditional jeans leggings fabric.

The specific fabric construction of Circular 100 is suitable for athleisure besides jeans and offers a unique silky and soft touch inside, elasticity and flexibility for increased comfort. Jeans created with Circular 100 are lightweight, have a soft hand feel, and offer a “barely there” feeling when worn, according to the manufacturer. Company’s new bi-stretch fabric comes in wider width that is, around 120 cm, features low shrinkage (around 2 per cent), presents less creasing and shows no elastane slippage for a premium look.

Also Read – T.M. Lewin debuts Super Fitted Stretch Shirts with LYCRA® fibre

“The super stretchiness Circular 100 offers is due to its high elasticity in both weft and warp directions, which enables the wearer to move freely without limits. The fabric’s vertical elasticity also provides an amazing high waist fit,” explains Calik Denim.

Jeans and athleisurewear made with Circular 100 are eligible for free Lycra brand hangtags that are designed to drive sales at point-of-purchase.

Events News

EGE TMF 2017: Itema to exhibit rapier R9500terry

Apparel ResourcesMarch 23, 2017

Itema R9500terry — Image Courtesy: itemagroup.com

Itema, the world’s largest privately held provider of advanced weaving solutions, will exhibit at the ongoing EGE TMF in Denizli, Turkey.

At the event, Itema will showcase a rapier R9500terry which have been installed in more than 20 countries due to its weaving high quality, superior softness and hand-feel terry towels. Also on display will be the A9500 featuring a bed sheeting style, with the latest improvements designed to meet weavers’ requirements of utmost versatility and substantial cost savings.

The brand new Full Width Reed Tuckers to weave sheeting fabrics guarantees to the weavers the possibility to reduce reed stock and increase machine’s flexibility.

Also Read – DTG 2017: Itema to present R9500denim rapier weaving machine

It may be mentioned here that Itema will also exhibit at KTM 2017, scheduled to held on 6th-8th April, in Kahamanmaraş, Turkey. The decision to participate in both the events demonstrates the company’s approach to be close to its customers, their requirements and to demonstrate on the field the innovations featured on its weaving machines.

Both the Itema rapier R9500 and airjet A9500 will run the most commonly woven styles at the fair. The Itema best-in-class shed geometry and the unique Turboprop system, coupled with the brand-new main motor with oil cooling, will demonstrate the superior machine’s speed and textile performances. Moreover, the airjet A9500 will show live its extraordinary skills in weaving denim, guaranteeing mass production whilst ensuring optimized running costs.

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