Corporates

SCZONE, GS Global Sign US$ 15M Deal For Qantara West Garment Plant

Textile Insights May 21, 2025

The General Authority for the Suez Canal Economic Zone (SCZONE) has signed a contract with GS Global Sourcing Co., Ltd, a leading Chinese apparel manufacturer, to establish a new ready-made garments production facility in the Qantara West Industrial Zone. The agreement was formalized by SCZONE

Fibre

Breakthrough Study Brings Hemp Closer To Mainstream Textile Use

Textile Insights May 21, 2025

A innovative study from the University of Zagreb’s Faculty of Textile Technology is set to redefine the role of hemp in the textile industry. Long considered a niche, infrastructure-intensive fiber, hemp is now being recognized as a cotton-compatible input that can be spun using standard machinery, opening the door to broader industrial use and adding […]

Corporates

Monterey Textiles Group Acquires Patrick Yarns, Launches FilSpec USA

Textile Insights May 21, 2025

Monterey Textiles Group has announced the successful acquisition of Patrick Yarns, previously part of the Coats Group. The facility, located in Kings Mountain, North Carolina, will now operate under the name FilSpec USA, ushering in a new chapter of innovation and excellence in specialty technical yarn production. This strategic acquisition strengthens FilSpec’s position

Trade & Market

Dun & Bradstreet Report: India Faces Margin Heat, Eyes Export Gains

Textile Insights May 21, 2025

India stands at a critical crossroads in global trade as geopolitical tensions and tariff realignments reshape international commerce. A recent whitepaper by Dun & Bradstreet, titled “Navigating the Fault Lines of Global Trade: An Indian Perspective”, highlights how Indian exporters are navigating a dual challenge: preserving profitability amid rising U.S.

Corporates

Circ To Build US$ 500M Polycotton Recycling Plant In France

Textile Insights May 21, 2025

U.S. based textile recycling company Circ has secured support from the French government and the European Union to establish the world’s first industrial-scale facility capable of recycling polycotton, a blend of polyester and cotton at Saint-Avold in northeastern France. The project, with a total investment of €450 million (US$ 500 million), is set to begin […]

Sustainability

Reju To Set Up First Industrial-Scale Textile Recycling Hub In Netherlands

Textile Insights May 21, 2025

Reju™, a leading textile-to-textile regeneration company, has announced the selection of Chemelot Industrial Park in Sittard-Geleen, Netherlands, as the location for Regeneration Hub One, its first industrial-scale textile recycling center. Following the successful opening of Regeneration Hub Zero in Frankfurt in October 2024, this new hub marks a significant step in

Industry

Reps Push For Ban On Foreign Textiles To Revive Nigeria’s Textile Industry

Textile Insights May 21, 2025

The Nigerian House of Representatives has called on the Federal Government to ban the importation of foreign textiles in a bid to rejuvenate the local textile industry. The resolution followed the adoption of a motion moved by Rep. Garba Muhammad (NNPP–Kano) during Tuesday’s plenary session. Once a major contributor to Nigeria’s manufacturing sector, the textile […]

Dyes & Chemicals

Toxic Chemical Found In Indian Textiles A Rivers: Toxics Link Report

Textile Insights May 21, 2025

A recent study by environmental advocacy group Toxics Link has raised serious concerns over the widespread presence of nonylphenol (NP), a toxic and endocrine-disrupting chemical, in Indian textiles and water bodies near textile hubs. The report titled “Toxic Threads: Assessing Nonylphenol Contamination in Indian Textiles & the Environment” presents comprehensive data

Corporates

KPR Mill Shares Fall 6% On Promoter Stake Sale

Textile Insights May 21, 2025

Shares of KPR Mill slipped nearly 6% today, hitting an intraday low of Rs 1140.10 on the BSE, after opening at Rs 1160. The decline followed reports that promoters K.P. Ramasamy, K.P.D. Sigamani, and P. Nataraj are set to offload up to 3.2% stake in the company via block deals. The total size of the […]

Trade & Market

India-UK Apparel, Home Textiles Trade Set To Double Under FTA: ICRA

Textile Insights May 20, 2025

India’s apparel and home textiles trade with the UK is expected to double over the next five to six years, driven by the recently concluded Free Trade Agreement (FTA) between the two nations, according to credit rating agency ICRA. The FTA is anticipated to come into effect by calendar year 2026, pending legal formalities. Signed […]