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World Textile Fibers Market

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World manufactured fiber production to rise 5.7% annually through 2012

World production of manufactured textile fiber (both synthetic and cellulosic) is projected to rise 5.7 percent per annum through 2012 to over 62 million metric tons. Overall growth will be supported by the continued replacement of natural fibers by cheaper, better performing man-made alternatives in many market applications. Also boosting growth will be the rising level of personal income in both developed and developing countries, which will promote demand for textile fibers used in upholstery, household furnishings, apparel and floor coverings. Polyester will continue to dominate manufactured fiber output. However, the fastest gains will be in specialty synthetic fiber production, such as spandex, aramid and carbon fibers. The Asia/Pacific region, China and India in particular, will continue to be the biggest producer of manufactured fibers, and is also forecast to experience the most rapid growth.

Specialty materials company Rohm and Haas (NYSE:ROH) will showcase its range of high performance binders and additive solutions at the New China International Trade Fair for Technical Textiles and Non-wovens to be held in Shanghai on Oct.20-22, 2008 (Stand B03-05).

Rohm and Haas Company has been a leader in textile and non-woven binder technology for more than 40 years and offers a broad line of binders which include Primal™ acrylic and Rovace™ vinyl acrylic/acetate emulsions. The innovative technologies that will be demonstrated at the trade fair include a full line of emulsions for fabric coating and finishing applications, binders for non-wovens and textile flocking as well as roll printing and flat screen industries. Special adhesives and additives for high-solid water-based pigment printing industries will also be introduced during the show. In addition, Rohm and Haas will present its range of products for specialty papers, light weight non-wovens and the abrasion industry.

On October 20, Rohm and Haas will host a technical seminar on site to introduce the application of its acrylic technology to the Textile and Non-woven Industry

Please stop by Booth B03-05 and explore more innovations and acrylic applications for Textiles and Non-wovens.

About Rohm and Haas Company

Leading the way since 1909, Rohm and Haas is a global pioneer in the creation and development of innovative technologies and solutions for the specialty materials industry. The company’s technologies are found in a wide range of industries including: Building and Construction, Electronics and Electronic Devices, Household Goods and Personal Care, Packaging and Paper, Transportation, Pharmaceutical and Medical, Water, Food and Food Related, and Industrial Process. Innovative Rohm and Haas technologies and solutions help to improve life every day, around the world. Based in Philadelphia, PA, the company generated annual sales of approximately $8.9 billion in 2007. Visit www.rohmhaas.com for more information.

Milliken & Company®, one of the world’s largest privately-held textile and chemical manufacturers, today announced that Abrams™, its flame resistant (FR) fabric designed specifically for military applications, has been chosen as the only approved fabric for the United States Army’s improved Combat Vehicle Coverall (iCVC).

Unifi, Inc. (NYSE: UFI), a diversified producer and processor of polyester and nylon yarns, unveiled a new consumer-focused, interactive website as part of its new “Repreve^®. For the Planet.” campaign. The new website, www.Repreve.com, is focused on educating users about the positive environmental benefits of Repreve^®, Unifi’s family of 100% recycled yarns, and the importance of resource and energy conservation and recycling. The interactive site allows users to explore, learn and engage in helping the environment.

The Repreve^® website is just one of the many initiatives that Unifi is introducing under its new “Repreve^®. For the Planet” campaign, which supports Unifi’s ongoing initiatives in providing the market with sustainable textile solutions. As part of the initiative, the website will educate and build awareness among the textile industry and end-consumers about the environmental benefits of Repreve^® recycled yarns and the connection between industry and the environment.

Taiwan Textile Research Institute (TTRI) and Delta Electronics, Inc. (Delta) today announced their cooperation in the field of flexible energy storage textile and advanced energy storage technology.

Currently the components used for energy storage are solid and non-flexible. TTRI has leveraged their expertise to integrate textiles with energy storage materials to develop an innovative product that is flexible, stores energy efficiently, and is also affordable. With its expertise in power management, Delta will use this new technology to develop a whole new range of applications for energy storage products.

Weiqiao Textile Company Limited (“the Company” or “Weiqiao Textile”) and its subsidiaries, collectively, the “Group”) (HKEX: 2698), the largest cotton textile producer in China, today announced its unaudited results for the 6 months ended 30 June 2008 (the “Review Period” or the “Period”).

During the Period, due to the rapid appreciation of the Renminbi, the rise in raw materials and energy costs, the adjustment of State’s macroeconomic policies and the slowdown in foreign demand, the cotton textile market of China remained in a depression while market competition further intensified. By leveraging on its brand advantage, large sales network and good customer relationship, the Group was able to maintain stable sales volume for its products under severe conditions of the industry. Output of the Group’s cotton yarn, grey fabric in the first year was 422,000 tons and 751,000,000 metres, respectively, representing a decrease of 3.4% and 3.8% over the same period last year. Output of denim was 88,000,000 metres, which leveled with the same period last year. In the first half of the year, the Group’s revenue reaches approximately RMB8,888,000,000, representing a decrease of 4.1% over the same period in 2007. On the other hand, net profit attributable to equity holders of the Company decreased to approximately RMB273,000,000, representing a decrease of 59.3% from the same period last year. Earnings per share was RMB0.23, representing a decrease of 58.9%. The Board of Directors does not propose an interim dividend.

On August 1^st, 2008, Intertek Testing Services Limited Shanghai engaged in an exclusive partnership with BLC Leather Technology Centre Ltd (BLC) to provide enhanced quality solutions for China’s leather industry.

As a leading provider of quality and safety solutions serving a wide range of industries around the world, Intertek and BLC, a market leading leather service provider working with hundreds of companies in over 40 countries, entered into a service agreement to expand and enrich the quality of leather testing, certification, technical support, and consultation services available in China. This combines Intertek’s strong technical expertise and reputation for providing both local support and global solutions with BLC’s proficient knowledge in leather technology.

Applied DNA Sciences, Inc. (OTC Bulletin Board: APDN), a provider of DNA-based security solutions, today announced that it will utilize its proprietary SigNature™ DNA to mark Yorkshire Textiles and Fabrics in collaboration with the Textile Centre of Excellence consortium of companies. The first phase of this collaboration will demonstrate how SigNature™ DNA can be used to authenticate textiles at all points of the supply chain through to the end user. In addition, this project will demonstrate the integration of SigNature™ DNA with existing manufacturing processes to produce threads, labels and fabrics manufactured by Yorkshire-based companies.

Australian Wool Innovation (AWI) is pleased to unveil its new corporate identity and brand portfolio marking a milestone in the innovation and marketing of Australian wool. The company's new logo features a symbolic stylized ram's head as its calling card.

Naturally Advanced Technologies Inc. ("NAT" or the "Company") (OTCBB: NADVF), announced second quarter sales results for its apparel division, HTnaturals, a provider of environmentally sustainable hemp, bamboo, organic cotton and soy blended apparel.

MBI Technology Co., Ltd, a global manufacturer of intarsia sweater knitting machines, announced today that they have developed a new intarsia knitting machine for intarsia sweaters with the maximum 42 color change in single course. The new intarsia knitting machine is named MBI-S1342 and will be available in domestic and international markets.

Angelica Corporation (NYSE: AGL), announced it has signed a definitive merger agreement on May 22, 2008 with a company formed by Lehman Brothers Merchant Banking Partners IV L.P. to acquire Angelica for $22.00 per share in cash, representing a premium of 34.0% over the weighted-average closing share price for the past 30 calendar days ended May 22, 2008 and 33.7% over yesterday’s closing share price of $16.45. The transaction, which is subject to approval by Angelica shareholders, the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and satisfaction of other customary closing conditions, is expected to close in late summer. 

Wellman, Inc. ([OTC]: WMANQ.OB) yesterday announced that, effective with June 2, 2008 shipments, it will increase the price of all Fortrel® polyester staple fiber products by 4 cents/lb.

Steve Ates, Vice President Sales and Marketing, made the announcement noting, “The price of crude oil continues to rise to unprecedented levels, placing upward pricing pressure on our chemical-based raw material, transportation and energy costs. This price increase is necessary to offset these escalating costs.”

Wellman remains committed to providing the high level of quality products and support services that our customers have come to expect.

Wellman, Inc. manufactures and markets high-quality polyester products, including Fortrel® brand polyester fibers and PermaClear® brand PET (polyethylene terephthalate) packaging resins.

Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanotechnology, announced today that the Company's newest patented energy efficient product, Nansulate EPX, was successfully demonstrated by the Company's Turkish distributor, Kolorgen Ltd, at Textile Machinery 2008 - the 25^th International Textile Machines, Side Industries, and Textile Chemicals Fair held in Istanbul May 14-18, 2008.

In a continuing effort to communicate the natural attributes of cotton to the public, Cotton Incorporated has developed "A Natural Part of Everyday Life"; a branding campaign that will appear in approximately 85 malls throughout all 50 states.

Textronics, Inc. CEO Stacey Burr will share the story of her start-up company’s commercialization of electronic-textiles at the fourth annual Smart Fabrics conference, May 5-7, in Charleston, S.C.

Textronics, Inc., is a leader in the development of wearable sensors for fitness and health monitoring. The company sells its patented sensors and markets its own line of clothes that monitor heart rate under the brand name NuMetrex.

Burr’s presentation, “Insights into Health Sensor Clothing Commercialization,” will take place at 3:00 p.m. on Monday, May 5. The Smart Fabrics 2008 conference is being held at the DoubleTree Guest Suites in Charleston’s historic district.

“As the first company to commercialize electronic textiles in a consumer garment, Textronics has played an important role in defining this emerging field and identifying market opportunities,” said Burr. Her talk will address topics including how investors can help you grow, the importance of building the right team, finding partners and big customers, and identifying the right suppliers.

For more information about Textronics, Inc. and its NuMetrex line of heart sensing fitness apparel, visit www.numetrex.com.

About Textronics

Textronics, Inc. is a leader in the development of wearable sensors for fitness and health monitoring. The Company’s patented textile sensor systems are capable of capturing comprehensive physiologic data from the body and are designed to be seamlessly integrated into everyday garments. Wearable monitoring allows a comfortable and user-friendly way to obtain body data measurements to assist consumers in managing their top wellness concerns of weight loss, physical health and energy level. Textronics sells sensor components and markets its own line of clothes for personal monitoring under the brand name NuMetrex. Textronics, Inc. has also received FDA clearance to market its textile electrodes for use in general electrocardiograph monitoring and recording procedures. The company’s heart-sensing fabric offers a comfortable alternative to adhesive electrodes and metal wristbands that are commonly used with most ECG instruments on the market.

Ruddick Corporation (NYSE:RDK) reported today that its sewing thread subsidiary, American & Efird, Inc. (A&E), completed the previously announced joint venture with Vardhman Textiles Limited (Vardhman) to manufacture, distribute and sell sewing thread for industrial and consumer markets within India and for export markets. A&E will own 35% of the joint venture with an option to acquire an additional 14% over the next 5 years.

Vardhman operates the second largest thread company in India with thread related sales of approximately $69 million in fiscal year 2007 and has been licensed to manufacture and sell A&E branded products in India since March 2001. Vardhman contributed all of its sewing thread operations to the joint venture and A&E contributed approximately $24 million in cash. The joint venture will operate under the name Vardhman A&E Threads Limited with its headquarters in Ludhiana, located in northern India.

Vardhman is a major integrated textile producer in India, manufacturing and marketing yarns, fabrics, sewing threads, fiber and alloy steel, with total consolidated sales of approximately $476 million in fiscal year 2007.

Thomas W. Dickson, Chairman of the Board, President and Chief Executive Officer of Ruddick Corporation commented that, “We are very excited about this joint venture and the opportunity to grow the business together in this important region of Asia. This also represents another step in the transformation of A&E’s business to a more Asian-centric global supplier of sewing thread, embroidery thread and technical textiles. In connection with this transformation, Ruddick and A&E continue to evaluate A&E's structure to best position A&E to take advantage of opportunities available through its enhanced international operations.”

Ruddick Corporation is a holding company with two primary operating subsidiaries: Harris Teeter, Inc., a leading regional supermarket chain with operations in eight southeastern states and American & Efird, Inc., one of the world’s largest global manufacturers and distributors of industrial sewing thread, embroidery thread and technical textiles.