Polyester Staple Fiber Market Drivers
Increasing Automotive Production
Textile materials such as polyester staple fiber are extensively used in automobiles in the production of automobile carpets, seating fabrics, side, roof, floor, and door panels, safety belts, tires, airbags, air filters, fuel filters, insulation materials, and more. China is the world’s largest vehicle market, according to the International Trade Administration (ITA), and the Chinese government expects the production of automobiles to reach 35 million by 2025. According to OICA, the production of passenger cars in Africa was 776,967 in 2018, which then increased to 787,287 in 2019, a total increase of 1.3%. According to OICA, the production of light commercial vehicles has increased from 1,348,932 in 2018 to 1,431,904 in 2019, an increase of 6.2% in Canada. Thus, increasing automation production will require more polyester staple fiber for manufacturing various automotive components, which will act as a drive
KUALA LUMPUR (Bernama): Dhaya Maju LTAT Sdn Bhd has failed to gain ownership of the Klang Valley Double Tracking Phase 2 (KVDT2) project site to continue work, which has been ordered to be taken over by the government.
Senior Federal Counsel (SFC) Asliza Ali, who is representing the government and Transport Minister Datuk Seri Dr Wee Ka Siong, as defendants told Bernama that Justice Lim Chong Fong rejected the application of Dhaya Maju LTAT as the plaintiff for the ownership of the project site to be given to the company during case management in his chambers on Tuesday (April 20).
The proceeding was also conducted by SFC Azlin Sabtu while counsel Ashok Ranai acted on behalf of the contractor firm.
Apply for government assistance packages quickly, SMES told 18 Apr 2021 / 15:23 H. Pix for illustration purposes.
KUALA
LUMPUR: Many small and medium enterprises (SMEs) might lose out due to their failure to apply for the government’s assistance packages as they are not aware that the programmes will end by August, a financial educator said today.
Funds and incentives under the stimulus packages have helped many eligible SMEs to sustain their businesses during the Covid-19 pandemic, said Amy Seok, chief executive officer of Money Compass Media (M) Sdn Bhd.
“SMEs should apply for such assistance quickly as they are set to end when the Movement Control Order is totally lifted,” she told
PETALING JAYA: Pertama Digital Bhd’s digital court bail payment solution eJamin has raised its digital payment limit to RM500,000 from a previous cap .
Three companies tie up to develop Sky Train project in Sabah 16 Apr 2021 / 16:17 H.
KOTA
KINABALU: Three companies, including a foreign company, are keen to collaborate to develop the Sky Train project in Sabah to improve the public transport system in the state.
Sabah Deputy Chief Minister Datuk Seri Bung Moktar Radin (pix) said the three companies are Guancai (M) Sdn Bhd, China State Construction Engineering (M) Sdn Bhd and Vizione Development Sdn Bhd.
“There are several local and foreign investors, for example from China that have shown their interest to develop the project through the private financing initiative (PFI), he said in a media statement today.