Bangladesh Textile Mills Association President Abdul Hai Sarker said the local manufacturers can produce fabrics worth US$ 250 million from the cotton waste a year but unscrupulous traders export this spinning by-product worth less $10 million. .Since the highly value added item is used for the production of exportable products such as denim, terry towel and home textile the government should also check any under use of cotton waste, he said. .”Our local industries will benefit from the government’s latest decision to fix the price of cotton waste,” Sarker said. .Source: The Daily Star

Date:6/23/2008

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