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Archroma To Acquire Textile Effects Division of Huntsman Corporation For $718 Million

Archroma To Acquire Textile Effects Division of Huntsman Corporation For $718 Million
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PSX falls in dull trading week

Stocks down on economic recovery doubts

Stocks on Friday slipped in narrow trade, as economic outlook continued to remain a cause of concern amid no letup in virus worries, traders said.Pakistan Stock Exchange s benchmark KSE-100 Share.

Will textile boom last long?

Mills should quote attractive prices, offer quality products to attract global buyers KARACHI: Covid-19 has turned out to be a blessing in disguise for the textile industry as global buyers are increasingly turning towards Pakistan by cutting orders to regional players, resulting in 100% utilisation of available production capacity. Almost all the major players in the country are in the process of expanding their capacity in a bid to create room for the growing number of export orders, especially for home textile. “Conditions for Pakistan’s textile industry are very favourable and it is working at full capacity,” remarked Taurus Securities’ textile sector analyst Hania Nabeel while talking to The Express Tribune.

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