Home / Knowledge / News / Textiles / 'No wide market fluctuations in textile recycling' – President, BIR
'No wide market fluctuations in textile recycling' – President, BIR
08
Apr '09
Writing in a quarterly market report, the President of the Bureau of International Recycling (BIR), wrote that the first quarter of 2009 has been very quite for the textile recycling industry and there have been no wide market fluctuations, despite the crisis.

Mr Olaf Rintsch continued to say, “There may be problems in the automobile industry, but not one textile recycling company has had to worry about surviving through the crisis and though market for recycling grades continued to be difficult, demand for wiping cloth was steady”.

Mr Rintsch, who also manages the German textile recycling firm Textil Recycling K. & A. Wenkhaus GmbH, added, “A glut of clothing in the spring could flood the market and it should not be forgotten that spring collections are imminent”.

Continuing in the same vein he said, “One can only hope that these will not result in an oversupply and an ensuing price collapse since sorted clothes are continuing to sell well in Africa and order books are overflowing”.

Giving his comments on the impact of the French textile policy which imposes a eco-levy on sales of new clothing to fund textile recycling he said, “Till date, it has not impacted the industry in any whichever so manner”.

Fibre2fashion News Desk - India


Must ReadView All

Moments of EPA signing in Tokyo. Courtesy: Twitter handle of Jean-Claude Juncker

Textiles | On 18th Jul 2018

EU and Japan sign Economic Partnership Agreement

European Union and Japan have signed an Economic Partnership...

Courtesy: Tego

Apparel/Garments | On 18th Jul 2018

Tego plans to expand product range in 2018-19

Tego, a company that creates premium athletic gear for modern...

Courtesy: rawpixel.com from Pexels

Textiles | On 18th Jul 2018

Hike in import duty on textile-apparel by India beneficial

The Indian Government’s decision to raise import duty on textile and...

Interviews View All

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Mark Paterson
Technical Absorbents Ltd

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

Mohammad Hassan
Biax Fiberfilm

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Mike Hoffman
Gildan Activewear SRL

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Bani Batra

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

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

Leave your Comments


July 2018

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

news category


Related Categories:

Advanced Search