Home / Knowledge / News / Textiles / Martex Fiber can help lower material costs significantly
Martex Fiber can help lower material costs significantly
05
Mar '11
Recently, prices for cotton have reached record heights, underscoring the value proposition of recycled fiber and yarn. In this volatile market, Martex Fiber's offerings can help producers lower their costs, while further supporting their sustainability efforts.

To date, many companies have been reluctant to do the product development required in order to implement recycled fibers in their finished products. However, these organizations now face historic price increases on raw materials and have a more compelling reason than ever to consider what recycled fibers and yarns have to offer.

In February, market prices for cotton eclipsed $2.00 per pound for the first time since the Civil War. In comparison, the January 2010 prices for cotton registered below $0.70 cents per pound. With analysts fearing that $1.50-$2.00 per pound may become the norm; many organizations have begun looking to suppliers of alternative textiles, such as Martex Fiber.

Retailers are further escalating the need for cost-effective alternatives by indicating they will reduce consumption if product costs continue to escalate. “With the spike in the price of cotton due to a combination of geopolitical threats, policy changes, the onset of the emerging market consumer and severe weather, our organizations are keenly focused on the strategies they need to employ for this year and beyond,” reports The Hosiery Association trade market organization. Continuing on, the Association asks, “Is the price appreciation in cotton a short term bubble or a long term trend? The rising costs of labor and synthetic fibers are squeezing suppliers and their retail customers…ultimately, the end consumer is going to feel the pinch.”

Jimmy Jarrett, President of Spartanburg, SC-headquartered Martex Fiber Southern Corp. proclaims confidently that his company can help lower material costs significantly. In the industrial fiber sector, for instance, Jarrett notes that “blending in just a portion of recycled fiber can help bring costs back to what companies were used to paying, even one year ago.” Considered to be one of the most foremost pioneers in the U.S. recycled fibers marketplace for more than 35 years, Jarrett explains that MFSC recycled fibers create value because they are mechanically generated from the shredding of textile waste and clippings that result from the manufacture of new apparel and industrial fabrics. These fibers are premium, finished materials that get sorted by color and fiber quality, ultimately perfect for garneting as well as many blow and airlay and even spunlace applications.

Marc Williamson, the COO of Martex Fiber, estimates that custom-engineered fiber can cost substantially less than virgin materials. “Some processes need to adapt to take advantage of the recycled raw material,” he explains. “The spread between the cost of virgin materials and recycled is a key factor driving companies to embark on the product development neededto adapt their products.”


Must ReadView All

Union Minister for finance Arun Jaitley chairing the 25th GST Council meeting, flanked by minister of state for finance Shiv Pratap Shukla (right) and finance secretary Dr Hasmukh Adhia. Courtesy: PIB

Textiles | On 20th Jan 2018

GST rate on velvet fabric reduced to 5%

The 25th Goods and Services Tax (GST) Council meeting, held under the ...

RIL petrochemicals’ revenue grows 47.6% in Q3 FY18

Textiles | On 20th Jan 2018

RIL petrochemicals’ revenue grows 47.6% in Q3 FY18

The revenue from the petrochemicals segment at Reliance Industries...

Courtesy: Cotton USA

Textiles | On 20th Jan 2018

US cotton bodies pledge to support CCI activities

Ten US cotton organisations have pledged industry contributions in...

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 ...

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Silke Brand-Kirsch
Schlegel und Partner

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

Ashok Desai
Bombay Textile Research Association

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Sanjukta Dutta
Sanjukta's Studio

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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 2018

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
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

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
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

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
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

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
82.5%
No
8.2%
Skip
9.3%

Total Votes: 97


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