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Textile Industries must find ways to save energy - Experts
28
Jul '08
Recently, experts from Taiwan Textile Research Institute expressed its concerns regarding the rising oil and electricity prices in the country. Reportedly, oil prices in 2008 have increased by over 132 percent compared to 2005 .

The Institute said that textile industry must work together to deal with this issue. Officials explained that the high oil cost was a global problem and enterprises must find ways and take measures to save energy.

The cost of dyeing and printing industry has gone up by almost 45 percent since 2005. Thus, the sector was facing a tougher situation and needed to make beneficial adjustments in its strategies as well as in administration soon.

It was informed that the Government was bound to impose energy tax as per the energy consumption pattern of the industries.

Further, the Institute promised complete support to the Government for carrying out measures to reduce the use of energy by the industries as this was of paramount importance if the industries had to maintain their capabilities and survive in these hard times.

Besides, it is also working on ways to recover waste heat from shaping machines and apply for a patent. This will make Taiwan, the third country to own this technology, after Germany and Korea in the world.

Fibre2fashion News Desk - China

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