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

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Vidhyaa Shankar. S
A Ganapathi Chettiar

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

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Larry L Kinn
Suominen Corporation

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

Prathyusha Garimella
Prathyusha Garimella

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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
January 2017

January 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