Bio-manufacturing startup Spiber Inc. has successfully concluded a fundraising round, securing over JPY 10 billion, including additional investments from existing shareholders. This funding infusion will fuel the acceleration of mass production of its innovative Brewed Protein materials and
Cellulose fibre producer Lenzing has updated its climate targets to align with the goals of the Paris Agreement to limit the human-induced global temperature increase to 1.5 degrees celsius. The Science Based Targets Initiative (SBTi), the most respected organization in the field of climate-related target setting, has reviewed and confirmed this target improvement. “This
Hyosung is initiating a backward integration project and is investing in producing bio-Butanediol (BDO), which is a chemical, used as a raw material for PTMG, which is used to make spandex fibre. This was announced by Hyun-Joon Cho, Chairman of Hyosung who added that the company is investing US $1 billion to establish a 200,000 […]
The Lenzing Group, a supplier of regenerated cellulose fibre has created a unique, innovative concept that contributes to the sustainable protection of our glaciers. “It also inspires collective action for sustainable practices and a circular economy in the nonwovens and textile value chain,” Lenzing informed in a press release. The presentation titled ‘Glacial Threads:
Spandex producer Hyosung will introduce a distinctive range of certified sustainable materials at Performance Days Munich, Functional Fabric Fair Portland and Kingpins Amsterdam exhibitions. Hyosung has expanded its offering of Regen bio-based elastane, replacing nearly all the fibre’s raw materials previously made with petroleum-based resources with 100 percent renewable
The Southern India Mills’ Association (SIMA) welcomed the Indian government’s decision in exempting BIS compliance for VSF imports under the Advance Authorisation Scheme (AAS). In a press release, SIMA Chairman Dr SK Sundararaman appreciated Minister of Textiles Piyush Goyal for permitting the import of BIS QCO mandated VSF under AAS. In addition, Dr SK Sundararaman […]
Roica by Asahi Kasei, a pioneer in premium stretch yarns, and Tencel by Lenzing AG, a leader in wood-based cellulosic textile fibres have partnered to introduce a new concept of sustainable and circular-driven textiles. After extensive years of R&D Roica and Tencel together are now able to offer contemporary, responsible, quality, and performing fibres for […]
The Indonesian textile industry has received a positive boost with the issuance of a government guideline regulating the import of textile raw materials like MEG, a key raw material for PSF. This regulation provides clear guidance for industry players in managing imports of raw materials, with the main aim of maintaining stable supply and demand […]
Unifi, maker of Repreve brand recycled fibres has set an ambitious textile-to-textile recycling target to transform the equivalent of 1.5 billion t-shirts worth of textile and yarn waste into new products by 2030. “Our fourth annual sustainability publication showcases UNIFI’s continuous progress and ongoing commitment to setting and exceeding new sustainability
In a shocking development, textile to textile recycler Renewcell said it intends to file for bankruptcy, after failing to secure additional funding and consecutive quarters of slow sales. The Swedish company is a pioneer in textile to textile recycling and manufactures Circulose textile pulp. “We have been negotiating with our two largest shareholders, H&M and […]