Italy’s textile-machinery association, ACIMIT, is to hold a technology symposium for technical-textile and nonwoven producers in Brazil.

ACIMIT says these two sectors are growing rapidly in Brazil. According to a recent survey conducted by IEMI, a Brazilian consulting firm, they account for well over 200 companies, employing around 40,000 people. Total estimated production for 2008 amounted to 462,000 tonnes, for a value of 3.9 billion Brazilian Reais and in that same year, over 160 million Reais were invested in modernization or acquiring new machinery. Exports by these two sectors in 2008 were worth US$269 million.

In an effort to capitalise on this trend, ACIMIT and the Italian Trade Commission (ICE) have organized a technology symposium, to be held in Sao Paolo from March 4-5, 2010. About fifteen Italian textile-machinery manufacturers will present their latest technology.