Home / Knowledge / News / Textiles / ASWGA to supply superfine wool to Chinese firm
ASWGA to supply superfine wool to Chinese firm
25
Jan '12
Australian Superfine Wool Growers Association (ASWGA) has inked a memorandum of understanding (MOU) with the Chinese conglomerate Shandong Ruyi Group to nurture a relationship to ensure sustainable future for Australian growers in terms of prices and for the Chinese firm in terms of wool supply.

The Shandong Province based company would procure 14.5-micron and finer wool from Australian producers, who are expected to uphold the former's holistic approach of doing business.

ASWGA President Helen Cathles, who recently returned from a visit to China, said the Chinese firm would use the wool to prepare attractive women's suits.

She added that the Shandong Ruyi Group's endeavour is really exciting as it would once again introduce ultrafine wool in women's apparels.

This would, in turn, lead to an imminent rise in consumption, which is expected to boost the demand for ultrafine wool to almost three-fold.

Cathles said ASWGA would be able to easily cater to the new demand for the next one year from the existing stock of 120 tons of fine wool, already produced by the Australian growers during the past year.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 22nd May 2017

GST to be biggest achievement of Modi govt: ASSOCHAM

Goods and Services Tax (GST) which is near a roll-out would be the...

Textiles | On 22nd May 2017

Maintaining NAFTA benefits is crucial: Cotton council

The US must remain a participant in a vibrant North American Free...

Apparel/Garments | On 22nd May 2017

Retailers ask Congress not to go for consumption tax

The National Retail Federation has asked US Congress to focus on...

Interviews View All

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search