The size of the Indian textile market is expected to reach $250 billion by the end of 2019, from $150 billion now. The textile commissioner mentioned that they see a tremendous potential of growth in the textile industry which is expected to reach new heights in the coming two years. The current domestic market is estimated at $110 billion while the exports at $40 billion.
A lot of buoyancy has been created in the past two years and various schemes have been launched that not only upgrade the technology but also allow ease of raising finance towards the sector. The center had announced a capital investment subsidy for segments like weaving, garment and technical textile and makeup, which has significantly helped the sector.
LANXESS enters battery chemistry business electrolyte production for lithium-ion batteries in Leverkusen Germany
Leuna, April 13, 2021 - DOMO Chemicals has developed a new product family PA66 based black plastics suitable for laser welding, a technology that is increasingly used in joining together thermoplastic parts. DOMO’s new laser transparent Technyl® STAR AF 219 V30 black LT is now available on the market. Read More
Cologne/Leverkusen, April 5, 2021 – LANXESS enters the field of battery chemistry by cooperating with Guangzhou Tinci Materials Technology Co. (Tinci), a leading global manufacturer of lithium-ion battery materials. Starting already next year, LANXESS will produce electrolyte formulations for lithium-ion batteries under the authorization of the Chinese company. Read More
Cologne, April 2, 2021 – In the manufacture of transmission oil pans, polyamides offer numerous advantages over sheet steel or die-cast aluminum in terms of lightweight construction, cost-cutting functional integration and design flexibility. Polyamide 66 in particular has therefore found widespread use in series production of these large injection-molded parts in recent years. However, polyamide 6 is also very well suited to the purpose, as is evident from an increasing number of applications. Read More
Cologne, March 30, 2021 – A smartphone that sets new standards for lightness, slim design and sustainability is making its debut on the market this March: the Carbon 1 MK II from Berlin-based start-up Carbon Mobile. “Designed and engineered in Germany, the Carbon 1 MK II reignites miniaturization and drives sustainability in connected devices by replacing plastics and aluminum with advanced composite materials for the first time”, says Firas Khalifeh, CEO of Carbon Mobile. The base material for Read More