Page 18 - November-December-2020
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             World’s largest textile factory



                    to be inaugurated in 2021






              Egypt is set to inaugurate several spinning and   ginning factory in Fayoum has been developed
              weaving factories after being upgraded and     and three cotton ginning factories are being
              supplied with the latest technologies by 2022, the   developed in Sharkia, Beheira, and Gharbiya, while
              Minister of Public Business Sector, Hisham Tawfik,   three others will be completed in 2021. The
              said. The first factory, set to be the world’s largest   ministry has adopted a development plan that
              textile factory, is scheduled for completion by the   includes merging 32 spinning and weaving
              end of 2021 as 65 buildings are being upgraded to   companies into nine companies and upgrading
              accommodate the new machinery, Tawfik  added.  the machinery and equipment, together with the
                                                             appointment of new managing directors of these
              Moreover, Tawfik further revealed that a cotton   companies.









                                           M. Taher Punjwani



                                           passed away at the                                                                                       Levi's and 170 other


                                                                                                                                           companies advise EU to set
                                           age 85                                                                                    aggressive sustainability goals








            The CEO of The Mechanica (Pvt) Ltd M, Taher      He established his own knitwear plant in Karachi in
            Punjwani, passed away peacefully in Karachi at the   1981 and the products manufactured from him                        Levi's and 170 other companies are calling on the   United Nations, global carbon dioxide emissions
            age of 85. His contributions to the textile industry will   received great appraisal from the overseas visitors.        European Union to establish more striving        need to fall by 45 percent until 2030 to reach net-zero
            never be forgotten. In the 70s, it was Punjwani that   Before 1981, Pakistan’s export quality was very                  environmental goals. The companies recently signed   by 2050.
            introduced premium textile technology machines   cheap but with Punjwani’s efforts, he put Pakistan in                  an open letter urging the EU heads of state and the
            such as shuttle less looms, indigo dyeing for denim,   the spotlight by exporting premium quality knitwear.             European Commission to set an EU 2030            Levi's also plans to improve its supply chain
            non-woven products, polypropylene ropes, needle   Therefore, he earned the recognition and respect of                   greenhouse gas (GHG) emissions reduction target of   performance, which makes up 63 percent of its
            looms and glass fiber items.                     the industry and given the title of FATHER OF                          at least 55 percent, putting the continent on track to   overall carbon footprint. The company also pledged
                                                             PAKISTAN KNITWEAR INDUSTRY. Not only limited to                        becoming climate-neutral by 2050.                to reduce supply chain emissions by 40 percent by
            After he started working for the Pakistan’s textile   Pakistan, he was recognized internationally in the                                                                 2025. The goal will achieve by establishing new
            industry, he was selected for a one-year textile   USA as MR. TEXTILES. The textile industry has faced                  Jeffery Hogue, Chief Sustainability Officer, Levi   targets for suppliers and expanding its partnership
                                                                                                                                                                                     with the International Finance Corporation; a global
            engineering training program in the USA. This was a   an immense loss by losing such a gem. May his soul                Strauss & Co, said, "The planet cannot afford for   development institution focused on the private sector
            huge achievement for him.                        rest in peace.                                                         progress to take a backseat right now. As per the   in developing countries.

               November/December 2020                                                                                                                                                                    November/December 2020
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