Home / Knowledge / News / Textiles / EU textile sector facing difficulty to access dyestuffs
EU textile sector facing difficulty to access dyestuffs
12
Jun '14
Mr. Alberto Paccanelli
Mr. Alberto Paccanelli
Among the most crucial issues raised during Euratex General Assembly held on June 4th 2014, special attention was paid to the growth of dyestuffs prices.
 
Alberto Paccanelli, President of EURATEX, stressed forcefully that, “the EU high quality weavers and finishers are facing an unwarranted and difficult crisis due to unacceptable price-hikes in the dyestuffs market, which impacts the overall competitiveness of this important link of our value chain.”
 
He added,  “I solemnly call on the buyers further down the supply chain to accept to pass through prices increases to maintain the competitiveness of the European textile industry source of high-quality, high-fashion and highly sustainable products. It is a matter of solidarity as the situation is quickly deteriorating.”
 
Since one year the European industry is facing an unprecedented and not controllable growth of dyestuffs prices. This is combined with shortages in the raw materials leading to the inability to produce the fabrics in the colours and quality standard requested by contracts and unreliable delivery of dyestuffs that is causing uncertainty in the orders fulfilment. Another negative factor is long lead-time as textile companies in the EU saw their dyestuff orders slashed considerably with long delay in their delivery or cancellation of their order. 
 
Mr Paccanelli raised a warning regarding today’s situation, “The lack of ability of our small companies to pass on the costs in their supply chain due to the pressure on the prices for textiles in the world market means that many companies may simply be going out of business in the very near future, thus hampering the overall innovativeness, competitiveness and financial position of the high-quality SMEs textile producers in the EU.”
 
This situation has been confirmed by two enquiries launched by EURATEX in the last months. Those established that the maintenance of a high-quality and reactive European industry is put into jeopardy by the record growths in dyestuffs prices due to disappearance of chemical intermediates originating from China and India who have driven the competition out from alternative supply sources.
 
Examples of the most impacted intermediate chemicals include H acid, bromaminic acid and anthraquinone derivatives. Most dyestuff types have been impacted by the current raw materials market situation, including the most widely used in textile manufacturing such as reactive and direct dyes for cellulosic fibres, as well as disperse, acid and metal complex dyes for synthetics and wool fibres.


Must ReadView All

Pakistan govt notifies 50% duty drawback on exports

Textiles | On 21st Oct 2017

Pakistan govt notifies 50% duty drawback on exports

The Pakistan government has notified the ‘Duty Drawback of Taxes...

Ghana sets up task force to clamp down on textile piracy

Textiles | On 21st Oct 2017

Ghana sets up task force to clamp down on textile piracy

Ghana’s ministry of trade and industry has set up a taskforce to...

Courtesy: Coach

Fashion | On 21st Oct 2017

US company Coach to change name to Tapestry from Oct 31

Coach Inc., a New York-based house of modern luxury accessories and...

Interviews View All

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Top executives
Textile & apparel bodies

The decision is transformational

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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

October 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.1%
No
12.9%
Skip
10.0%

Total Votes: 70

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.4%
No
28.6%
Skip
10.0%

Total Votes: 70

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
85.7%
No
10.0%
Skip
4.3%

Total Votes: 70

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
75.7%
No
11.4%
Skip
12.9%

Total Votes: 70


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