Sustainability

Lenzing Publishes 2024 Annual and Sustainability Report, Titled ‘Activate Transformation Here’

Textile Insights March 17, 2025

Lenzing Group, a leading provider of regenerated cellulose fibers for the textile and nonwoven industries, has released its 2024 Annual and Sustainability Report. Titled “Activate Transformation Here,” the report outlines Lenzing’s measurable progress in sustainability and climate goals and

Corporates

Köksan Expands In China With Oerlikon Barmag’s CP Technology

Textile Insights March 13, 2025

Oerlikon Barmag Huitong Engineering (OBHE) has signed a cooperation agreement with Köksan Group, a leading PET producer from Türkiye, to establish a Continuous Polycondensation (CP) production facility with a capacity of 400,000 tons per year. This investment marks a significant step in Köksan’s global expansion strategy. Major Investment in China Köksan will invest a high

Financial Results

Rieter Closes FY 2024 With A Solid Operating Result

Textile Insights March 13, 2025

Ad hoc announcement pursuant to Art. 53 LR Key Highlights: Order intake: CHF 725.5 million (+34% YoY) Sales: CHF 859.1 million (-39% YoY) Order backlog: CHF 530 million (December 31, 2024) EBIT: CHF 28.0 million (EBIT margin 3.3%) Net profit: CHF 10.4 million Free cash flow: CHF 14.1 million Proposed dividend: CHF 2.00 per share […]

Corporates

Becquer Powers D’décor Home Fabrics With Rooftop And Façade Solar Integration

Textile Insights March 13, 2025

Becquer has enhanced its manufacturing capabilities to integrate solar cells with various building materials, expanding their use across different types of buildings, factories, and superstructures. Over the past few years, Becquer has installed integrated solar hardware at multiple D’décor Home Fabrics factories—one of the world’s largest manufacturers of curtain and

Industry

Government Secures Rs 18,500 Crore Investments Under PM MITRA Scheme

Textile Insights March 13, 2025

The government has secured investments worth Rs 18,500 crore under the PM MITRA Park scheme, aimed at boosting production, employment, and exports in the textile sector, the Lok Sabha was informed on March 11th 2025. The scheme, with a total outlay of Rs 4,445 crore for 2021-22 to 2027-28, will establish seven PM Mega Integrated […]

Industry

Indonesia’s Textile Industry Faces Crisis Amid Factory Closures And Layoffs

Textile Insights March 13, 2025

Indonesia’s textile and garment industry is in crisis, with mass layoffs and factory closures threatening its future. Major textile player PT Sri Rejeki Isman (Sritex) recently shut down operations, adding to the closure of 61 factories between January 2023 and December 2024 in Banten, West Java, and Central Java, affecting thousands of workers. PT Mbangun […]

Event

LIVA Miss Diva 2024 Grand Finale Celebrates Beauty, Fashion And Innovation

Textile Insights March 13, 2025

The LIVA Miss Diva 2024 Grand Finale, held on 7th March 2025, celebrated beauty, fashion, and digital influence, bringing together India’s most talented individuals for a night of glamour and empowerment. LIVA, the 100% natural-origin fabric brand from Birla Cellulose, reaffirmed its commitment to supporting independent, confident, and versatile women. This year, LIVA

Corporates

Circ Secures New Investment To Scale Textile-To-Textile Recycling

Textile Insights March 13, 2025

Circ, the US-based pioneer in textile-to-textile recycling, has closed its latest funding round led by Taranis through its Carbon Ventures fund, with continued support from existing strategic investors Inditex and Avery Dennison. This funding builds on Circ’s technical and commercial progress over the past 18 months and will support the scaling of its groundbreaking

Product Launch & Innovation

ACIMIT Launches ‘The Heritage’ Website Showcasing Century Of Italian Textile Machinery

Textile Insights March 11, 2025

ACIMIT (Association of Italian Textile Machinery Manufacturers) and the Italian Trade Agency have launched “The Heritage,” a virtual exhibition that chronicles over a century of Italian textile machinery history. Supported by the Italian Ministry of Foreign Affairs and International Cooperation, this digital platform extends the photographic journey initially

Product Launch & Innovation

CMAI Launches SU.RE Website & Supply Chain Directory To Boost Sustainable Fashion

Textile Insights March 11, 2025

The Clothing Manufacturers Association of India (CMAI) has launched the SU.RE website and the SU.RE Sustainable Supply Chain Directory, marking a significant step toward sustainable fashion in India. The platform connects over 600 verified vendors across key categories, including fabric manufacturers, recyclers, sustainable packaging experts, and certification bodies,