Fortress Paper Ltd.

A report issued by the US Department of Agriculture (USDA) predicts that India’s cotton output is likely to drop by over two million bales this year. "Cotton production is forecast to decrease by two million bales to 32.3 million bales as area is expected to drop by 10 per cent,” the USDA report said. India, the world's second biggest cotton grower, had produced a record 34.25 million bales in the 2011-12 marketing year. One bales conta...

A new report issued by the US Department of Agriculture (USDA) says more than one out of every 10 cotton acres in the country will be lost to other crops this year. The USDA’s “Prospective Planning” Report released March 30 forecasts cotton acreage to drop to 13.155 million acres, down 11 percent from last year’s total. The report also says products such as corn, soybeans, peanuts, and wheat will take hold of the acreage left behind by...

Polyester prices in China are recovering as demand for textiles is rising, according to a report issued by Emerging Textiles. Last week, the Chinese government announced that credit conditions in the country would be eased so that companies could borrow more money from banks in order to stock up on materials. Polyester prices were bottoming out in China in order to accommodate the re-stock, but now the situation is improving, the magazine say...

by CHAD WASILENKOFF Push aside dated notions of our global forestry sector as dominated by lumberjacks focused solely on logging trees and processing the wood. Today’s forests are increasingly high-tech with employees skilled in biochemistry, genetics, computer modeling, satellite imagery, and digital processing. Today’s bio-economy is a dynamic global market that mirrors a paradigm shift to products that originate from natural renew...

Retailers labeling rayon products as bamboo products in an effort to reach a new market will soon have to change their labels. The Federal Trade Commission (FTC) – a US agency for consumer protection – updated its textile guidelines this week, targeting companies such as Macy’s, Amazon and Walmart who label rayon clothing as bamboo clothing. The designation is misleading for consumers, says the FTC. “Rayon is a man-made fiber cre...