Price for chemical materials rise 19%
May 19 2008, 9:13 AM
Tag: Terylene In March, Producers’ Price Index (PPI) for manufactured goods up by 8.0 percent from the same month last year; purchasing prices for raw material rose by 11.0 percent.PPI for means increased 8.7 percent over last March. Of the total, PPIs for raw materials industry and machining industry correspondingly up by 10.2 and 5.5 percent; that for means of consumer goods grew 5.5 percent.Of which, price for clothing and commodities rose 2.0 and 3.8 percent, while that for durable consumer goods dropped 0.6 percent.In terms of different categories:PPI for crude oil increased 37.9 percent, year-on-year.PPI for polystyrene grew 1.3 percent compared with the same month a year ago; that of latex up by 20.7 percent; and that of terylene rose by 3.0 percent, year on year.In addition, wherein the purchasing price for raw materials, the price for chemical materials increased 4.9 percent respectively, year-on-year.From January to March, PPI grew 6.9 percent, year-on-year; the purchasing price for raw materials products increased 9.8 percent.
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Williamsburg shop delivers the total experience
May 19 2008, 9:12 AM
Tag: Sportswear Fabric Williamsburg - We drove directly through a rainstorm to get to Twice as Nice. When we crossed the store's threshold, it was as if the clouds had cleared.The feeling didn't just come from seeing a mannequin decked out in a pretty, pink Lilly Pulitzer sundress. Or the white picket fence. Or the living roomlike nook, complete with overstuffed chintz sofa and a coffee table strewn with glossy magazines.Or the fact that we were shopping in the middle of a weekday - another stop on The Pilot's mission to scout consignment shops from here to Richmond, in this time of economic uncertainty.Twice as Nice also had lemon-sherbert walls and skylight and ample space between the racks. And a big selection.Laura Deeds Brooks opened the store in Williamsburg about three years ago. The 2,800-square-foot shop (more space than a lot of local condos) accepts clothing, shoes, jewelry and accessories from about 1,000 consignors.We saw brands like Old Navy, Gap, Talbots, Ann Taylor, BCBG, Banana Republic, Michael Stars, Forever Twenty One, Abercrombie & Fitch and Karen Kane. There's a rounder filled with just Chico's, and nearby, a rack with St. John suits and sportswear.There are no secondhand shadows, either, no pills or pulls or stains or stretched-out fabric. The clothes are pressed and up to date, and the sizes span from 0 to XXL.Brooks describes her boutique's stock as "stylish and all-American classic." She strives to cater to everyone from teens to her 75-year-old aunt, who is a frequent shopper.Riffling through the racks, we found many things that a 20-something might like. For example, a brand new, white, tissue-weight cotton, long-sleeve wrap top, large, by BCBG MaxAzria for $18.For a more tailored taste, we spotted a polyester and linen Garfield & Marks pantsuit in fine taupe and black stripes, with a stylish two-button jacket, size 8, for $120. But wait - the tag indicated 50 percent off, making it just $60.Twice as Nice also carries purses; we paused over an olive-green, felt Kate Spade number ($120) and a dusty blue Coach pouch with navy piping, for $56.25 (after the 25 percent discount).A wide shoe selection included brands like Marc Jacobs, Donald J. Pliner and Dr. Scholl's.Prices drop every four weeks, starting with a 25 percent discount and moving up to 50 percent and then 75 percent. A large sign decodes the discounts on the clothing's color-coded tags.And don't miss the 75 percent off rack at the rear of the store. Unlike many shops, this one contains clothing appropriate for the current season. For example, we found a baby-doll top by Bebe with a lace bodice for $3 after the discount.There's also a wide selection of quality children's clothing and some home decor items - perfect for easing the guilt that might accompany you to the register with a few too many finds for yourself.
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Textile firm builds dormitory for workers
May 19 2008, 9:11 AM
Tag: Textile Stock LONG AN — The Dong Quang textile joint-stock company has built a dormitory in Duc Hoa Ha Commune, Duc Hoa District, Long An Province, for its workers.The building, which includes 450 rooms and other facilities, will provide free accommodation to 1,600 employees.Construction of the building costs VND40 billion (US$2.5 million).ANZ offers 12% for short-term depositsHA NOI — The Australia and New Zealand Banking Group Ltd (ANZ) has offered 12 per cent annual interest rate for one-to-six-month term deposits of more than VND20 million (US$1,250).This is higher than the ceiling deposit rate of 11.5 per cent a year for a term less than six months offered by members of Viet Nam Banks Association.Interest for non-term deposit is up to 10.6 per cent per year.MB issues $20m in certificates of depositHA NOI — The Military Bank (MB) is issuing US$20 million in certificates of deposit (CD) for three, seven and 11-month terms. The minimum face value is $100.Holders are allowed to sell CDs to the bank at any time at a discount rate of up to 80 per cent – or to transfer them to others.CMC to distribute HP computers, laptopsHA NOI — CMC Distribution has been appointed by Hewlett-Packard to distribute its personal computers, laptops and servers.The company, a subsidiary of CMC Group, said the distribution would help it diversify its offerings to the emerging IT market, while enlarging HP market share in Viet Nam.Meanwhile, HP said it will help CMC train IT technicians and build an after-sale service centre for HP products.Comeco posts profit, adjusts dividend paymentHA NOI — Materials-Petroleum Company (Comeco) is expected to post a revenue of VND2.5 trillion (US$157 million) and after-tax profit of VND16 billion , the company’s annual meeting was told.However, the company said its dividend payment would be reduced from 15 per cent last year to to 12 per cent. In 2007, Comeco earned more than VND2 trillion in revenue, an increase of 22 per cent over the previous year, and after-tax profit of VND15.2 billion.Shareholders also approved a plan to raise Comeco’s charter capital by issuing more shares.Phu My Fertiliser pays out 10% dividend for 2007HA NOI — Phu My Fertiliser has announced a dividend payment of 10 per cent, or VND1,000 per share, for 2007.Payment will begin next week. Under its plan, the company’s revenue growth and profit will be 30 per cent above last year. This year, revenue is expected to reach VND4.4 trillion and pre-tax profits VND1.19 trillion.SC5 posts VND181 billion in revenue for first quarterHA NOI — Construction company No 5 (SC5) has posted first-quarter revenue of more than VND181 billion ($11.3 million) in revenue, an increase of 79.4 per cent, and after-tax profit of VND20.33 billion. This is 248.6 per cent higher than last year.This year, SC5 will develop many urban buildings and work with two partners to develop an urban area in Thu Thiem with more than 3,300 apartments, a 35-storey office building and a five-star hotel. The area will cover an area of 9.9ha. Investment capital is US$1 billion.Haseco passes plan to issue 12 million sharesHA NOI — Hai Phong Securities (Haseco) has passed a plan to raise charter capital from VND192.4 billion (US$12 million) to VND300 billion by issuing 12 million shares this year.Last year, the company earned net revenue of VND127 billion, or 441 per cent against 2006, with a pre-tax profit of VND72.47 billion and dividend payment of 20 per cent. In 2008, Haseco will restructure its business into an investment bank.It expects to invest $1.5 million to upgrade its information-technology system and to build a new office for VND100 billion ($6.2 million).
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Saudi Textile Trade Fair to open on May 11
May 19 2008, 9:11 AM
Tag: Decoration Textile The 5th Interior Decoration & Garden Furniture Exhibition will be held on May 11 - 14, 2008.Expanding, Ever-More-Affluent Saudi Population Looking to Spend on Furniture and Garden AccessoriesSaudi Arabia’s population is set to expand by several million over the next few years. In addition, average disposable income is growing by around 3% a year.So not only is demand for housing units growing by more than half a million a year in the Saudi capital Riyadh alone, but house buyers are increasingly seeking to spend on both furniture and garden accessories.This show is going to allow domestic regional and international exhibitors to showcase, and sell, every kind of product they offer.On the interior design front, it’s all going to be in demand: from avant-garde furniture, home textiles and fabrics, and pre-fabricated kitchens and bathrooms, to cutting-edge lighting, and a broad array of interior decoration accessories and services.Take Advantage of a Special Section on Kitchens & Bathrooms, and a Wide Array of Residential Outdoor Products The exhibition will boast a special section on kitchens and bathrooms.Every taste and budget will be catered to. There will be tables, chairs, sinks, counters, cabinets and storage units, of such staggering variety that no one will fail to find what they’re looking for.Participants will be dazzled by a display of cutting-edge bathroom trends encompassing tubs, Jacuzzis, basins, ceramic bowls and tanks, faucets and drapery, as well as every conceivable form of bathroom tile fitting.
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MU Power Plant smoke part of normal procedure
May 18 2008, 5:13 AM
Tag: Equipment boiler water COLUMBIA — What was up with that black smoke coming from the MU Power Plant’s stacks Tuesday morning? It was caused by the startup of a boiler being placed back online, according to Phil Shocklee, MU’s associate director of campus facilities. “Different boilers are off at different times in the year,” Shocklee said. “Putting a boiler back online is standard operating procedure. There is no problem.” Shocklee said he was not sure of the composition of the black smoke. Usually, the large towers release white clouds of water vapor, which are a lot like rain clouds, he said. The vapor is the result of the power plant cooling the water that is used for steam throughout MU. According to the power plant’s Web site, the plant constantly monitors the water content and says it’s completely safe.
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