Corporates

Atlas Copco Group Unveils New Group Logo & Tagline

Textile Insights November 29, 2023

Atlas Copco Group has launched a new identity, including a new group logo, a new visual identity, and a new group tagline -‘Technology that transforms the future’. The current blue and white Atlas Copco brand and logo will continue to be used on products and services, in the same way as other

Cotton

Louis Dreyfus Bids $109mn For Full Takeover Of Namoi Cotton

Textile Insights November 29, 2023

Singapore-based agricultural group Louis Dreyfus has bid for a full takeover for Namoi Cotton, which is an Australian owned and operated company with the largest network of cotton gins in the country. Louis Dreyfus currently has a 17 percent stake in Namoi Cotton and is also a partner in two joint ventures with Namoi. Louis […]

Sustainability

ISPO Textrends Award For Radicigroup’s Biofeel Eleven Yarn

Textile Insights November 29, 2023

Biofeel Eleven, the 100 percent nylon yarn produced from natural sources and launched a few months ago by RadiciGroup, won the ISPO Textrends award in the Fibres and Insulation category. The award curated by a jury of experts, rewards innovative trends in the textile and apparel sectors. This award is given away as part of […]

Dyes & Chemicals

Avient Unveils Deep Jet-Black Shades To Its Colourants Range

Textile Insights November 29, 2023

Avient Corporation, a supplier of specialised and sustainable material solutions and services has added new black colourants to its Renol Fibre Colourants portfolio. “These colourants can achieve intense, high-quality levels of deep jet-black shades (jetness) in polyester textiles who seek a more luxurious appearance,” the US headquartered company said in a press release.

Home Textiles

Indian Home Textile Companies Revenue To Rise 7-8% In FY’24

Textile Insights November 29, 2023

In a research note on the Indian home textiles industry, ratings agency ICRA expects revenues of its sample report companies to increase 7-8 percent year on year to Rs. 21,500 crores in the ongoing fiscal. Additionally the ratings agency also expects operating margins to improve 250-350 bps in the current fiscal. ICRA’s sample of four […]

Dyes & Chemicals

Archroma Inspires Design Talent At ISPO Academy Masterclass

Textile Insights November 28, 2023

Archroma, a global supplier of specialty chemicals towards sustainable solutions, is again partnering with ISPO Academy to inspire promising young design talents in a four-day Masterclass held alongside ISPO Munich 2023 to explore this year’s theme, ‘Circularity – Create | Adapt | Revive’. ISPO Munich is the world’s leading trade fair for the sports industry. […]

Export

MAS Holdings Bags 16 Sri Lankan Presidential Exports Awards

Textile Insights November 28, 2023

MAS Holdings, one of the biggest Sri Lankan apparel and accessories exporter along with its subsidiaries bagged 16 Presidential Exports Awards for 2021-22 and 2022-23 in recognition of its contribution to the export sector. MAS Active in addition to the two overall exporter awards for both years, winning the Overall Market Diversified Exporter of the […]

Dyes & Chemicals

Pulcra & Devan Chemicals Launch New Water Repellency Brand

Textile Insights November 28, 2023

Pulcra Chemicals, a global leader in sustainable chemical solutions, has joined forces with its subsidiary, Devan Chemicals, to introduce Devan Repel, a new brand in the water repellency market. The first product in the range, Devan Repel One, is a durable water repellent for polyester and its blends, which has been developed with chemical and […]

Cotton

Biggest Chinese Cotton Growing Region Turns Into Textile Hub

Textile Insights November 28, 2023

Xinjiang province in China which accounts for 90 percent of total Chinese cotton production is now becoming a textile and apparel production centre. As of date, there 3,720 textile and clothing manufacturers compared to only 711 in 2014 Attracted by the advantage of easy cotton availability, 1,340 of the 3,720 companies have invested from outside […]

Industry

CITI Takes Centre Stage At ILO Conclave With Special Session

Textile Insights November 28, 2023

The Confederation of Indian Textile Industry (CITI) took center stage at the International Labour Organisation (ILO) conclave with a special session on “Sectoral Development Approaches and Industry Linkages in Garment and Textile Industry.” The session provided a platform for industry leaders, policymakers, and stakeholders to engage in insightful discussions