Fibre2Fashion Magazine June 2018 June 2018 | Page 22

Beat
REST OF THE WORLD
COTTON
Pakistan government assigns PKR
2.5 billion to boost cotton production
The government of Pakistan has
allocated PKR 2.5 billion ($21.61 million)
to boost the production of cotton in the
country during the financial year 2018-
19. The government is working towards
using all the available resources to
improve the agriculture sector as well
as the financial condition of farmers
and other involved in the industry, said
a minister.
The farming community of Pakistan
does not have access to good quality
seeds, said Haji Sikandar Hayat Bosan,
federal minister for national food
security and research, while speaking
at a seminar called ‘Cotton Production
Technology’ in Central Cotton Research
Institute (CCRI) Multan. The researchers
are working on developing varieties that
can survive various scenarios including
climate changes.
Azerbaijan’s state cotton
programme showing results
The state programme for development
of cotton growing in Azerbaijan for 2017-
2022, approved by President Ilham Aliyev
in July 2017, has started to show results,
according to Bahruz Jamalov, general
director of Azercotton LLC (Azerpambig).
Cotton production in the Central Asian
country has increased from 35,000 tons in
2015 to 207,000 tons in 2017.
BCI releases new Chain of Custody
Guidelines
Better Cotton Initiative (BCI) has come
out with new Better Cotton Chain of
Custody (CoC) Guidelines (v1.3), which
replace the previous v1.2. The revision
incorporates minor changes, such as
removing outdated content, clarifying
existing requirements, and adding new
guidance sections. It also has more
information on supply chain monitoring
and penalties for non-compliance.
The revised CoC Guidelines
incorporate the new name for the
Better Cotton Tracer—now referred
to as the Better Cotton Platform, or
BCP. The CoC Guidelines also clarify
maximum timelines for companies to
enter transactions into the BCP and will
expand mandatory use of the BCP to
all companies buying and selling Better
Cotton products by 2020.
The revised guidelines will become
effective by August 1, 2018.
Staplcotn acquires 50% stake in TJ
Beall Company
The project, which will be located
in Saudi Arabia, will be executed
from KBR’s Houston, Al-Khobar and
Chennai offices and is expected to
continue through to the start-up of the
facility in 2025.
Formosa to set up petrochemical
plant in Louisiana
Formosa Petrochemical Corporation
has selected St. James Parish in the
US state of Louisiana for setting up a
$9.4 billion petrochemical complex. The
Taiwanese company has purchased a
2,400-acre site along the west bank of
the Mississippi River to set up the plant,
Louisiana governor John Bel Edwards
and Formosa executive VP Keh-Yen Lin
announced.
Located just downriver from the
Sunshine Bridge, the complex would
be built in two phases and produce
ethylene, propylene, ethylene glycol
and associated polymers. Formosa
plans to operate the complex under its
subsidiary and Louisiana registered
company, FG LA LLC, and is branding
the site as ‘The Sunshine Project’.
DYES | CHEMICALS
Devan Chemicals unveils
Moov&Cool technology
Pic courtesy: Staplcotn
Staple Cotton Cooperative Association
(Staplcotn), one of the largest producer-
owned cotton marketing cooperatives
in the US, has acquired a 50 per cent
stake in Gary Beall Enterprises, a
manufacturer and supplier of natural
cotton fibres. Gary Beall conducts
business as TJ Beall Company.
Mississippi based Wildwood Gin owns
the rest of the stake in TJ Beall.
Textile finishing expert Devan Chemicals
has unveiled new Moov&Cool technology.
D etailed as a ‘cool comfort technology’,
the innovation has the potential to
improve athletic performances by
regulating core body temperature. The
technology leads to absorption of heat
during performance and improvement of
moisture management properties of the
fabric.
PETROCHEMICALS
KBR wins contract to develop
COTC complex in Saudi Arabia
Owing to implementation of the
state programme, the annual cotton
production in Azerbaijan is expected
to reach 500,000 tons by 2022, Jamalov
said at a scientific-practical conference
held to commemorate the 95th birth
anniversary of Heydar Aliyev, the third
President of Azerbaijan.
22  | FIBRE 2 FASHION JUNE 2018
KBR, Inc., a global provider of
differentiated professional services and
technologies, has bagged a contract
from Saudi Arabian Oil Company (Saudi
Aramco) and SABIC as the second
Project Management Contractor (PMC)
to provide Pre-FEED, FEED and Program
Management Services to develop the
world’s largest fully integrated crude oil
to chemicals (COTC) complex.
Pic courtesy: Devan Chemicals
The patent-pending Moov&Cool is a
multi-functional polymer technology.
Applied by either padding or spray, the
treatment targets and regulates core
body temperature and simultaneously
reacts to sweat build up and heat
emission.