Home / Knowledge / News / Textiles / CSIRO diverts money from old wool machinery to research
CSIRO diverts money from old wool machinery to research
06
Mar '13
The Commonwealth Scientific and Industrial Research Organisation (CSIRO), Australia's national science agency, has diverted the money it received by selling old wool processing machinery to fund new research and textile projects.
 
CSIRO has decommissioned its wool equipments at Belmont laboratories in Geelong, Victoria, and about 85 machinery lots were sold for around Au$ 500,000 to several organizations and industry.
 
Sustainable Wool in Australia Group (SWAG) had argued that CSIRO had used hundreds of millions of dollars in wool levies, and hence the wool processing machinery be handed back to the wool growers, for preserving wool history in Australia.
 
However, CSIRO said it needs funds and a part of the money raised from the sale of machinery would be used in new textile projects, including a new fibre research, which is being undertaken in collaboration with Deakin University.
 

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 24th Feb 2017

Q4FY17 EPS dips 11% at apparel retailer Macy’s

For the thirteen weeks period ended January 28, 2017, earning per...

Textiles | On 24th Feb 2017

Net income slips at Westlake Chemicals in Q4

For the three months ended December 31, 2016, net income at US...

Apparel/Garments | On 23rd Feb 2017

NAFTA renegotiation puts Mexico-US jeans trade at risk

The almost imminent renegotiation of the North America Free Trade...

Interviews View All

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search