Corporates

Itema America Acquires Palmetto Loom Reed

Textile Insights February 20, 2026

Strategic move strengthens local production and service support for North American weaving industry Itema America, the U.S. subsidiary of Italy-based Itema Group, has acquired Palmetto Loom Reed through an Asset Purchase Agreement. The Greenville, South Carolina-based company is one of the last

Corporates

Filatex To Commission India’s First Circular Polyester Platform

Textile Insights February 19, 2026

Filatex India has announced the launch of ECOSIS, India’s first commercial-scale textile-to-textile circular polyester recycling platform, marking a major step in its transition from a virgin PFY manufacturer to an integrated circular producer. The greenfield project entails a capital investment of Rs 300 crore and is expected to generate an estimated EBITDA of Rs 75–80

Corporates

Circulose Targets Q4 Production Restart

Textile Insights February 18, 2026

Circulose has restarted its commercial-scale production plant at Ortviken plant in Sundsvall, marking a key step in scaling next-generation materials for the global fashion industry. The company plans to resume production of its recycled pulp made entirely from discarded cotton textiles in the fourth quarter of 2026. Chief Executive Officer Jonatan Janmark said

Corporates

Rieter To Hike Prices Of Products And Systems From March 2026

Textile Insights February 16, 2026

Global political and economic developments have continued to push up raw material and energy costs, placing increasing pressure on the textile machinery sector. Rieter said that key inputs used in its machines and components, including steel, copper, aluminum and electronics have witnessed significant demand-driven price increases in recent months. The company noted that

Corporates

Raymond Lifestyle Names Nameet Srivastava Brand Head

Textile Insights February 16, 2026

Nameet Srivastava has been appointed Brand Head – Chairman’s Collection at Raymond Lifestyle Limited, where he will lead the strategic direction, design development and market positioning of the company’s ultra-premium menswear segment. Based in Mumbai, he takes charge of one of the most exclusive lines in the Raymond portfolio. Srivastava brings more than two decades […]

Corporates

Rossari Ties Up with Sadara For Saudi Chemicals Project

Textile Insights February 12, 2026

Mumbai-based speciality chemicals manufacturer Rossari Biotech Ltd has signed a non-binding memorandum of understanding (MoU) with Saudi Arabia’s Sadara Chemical Company to explore the supply of key raw materials for Rossari’s proposed speciality chemicals plant in the Kingdom. The MoU was signed at Sadara Business Park in Jubail Industrial City. The ceremony was attended

Corporates

General Group Signs MoU With Maharashtra Government At World Economic Forum

Textile Insights February 12, 2026

General Group of Companies has signed a memorandum of understanding (MoU) with the Government of Maharashtra to expand capacity in its film manufacturing business, strengthening its BOPP and BOPET platforms. The agreement was formalised during the World Economic Forum (WEF) annual meeting in Davos, Switzerland. The Group was represented at the forum by its Directors, […]

Corporates

Sintex Industries Appoints Manish Swami As Vice President – Human Resources

Textile Insights February 12, 2026

Sintex Industries Limited has appointed Manish Swami as Vice President – Human Resources, strengthening its leadership team as it advances its growth and transformation agenda. In this role, he will spearhead the company’s HR strategy, oversee talent management and drive people-focused initiatives aimed at aligning workforce capabilities with long-term business objectives.

Corporates

Saurer India Wins GEO ‘Leadership Award For Professionals’

Textile Insights February 12, 2026

Saurer India has been honoured with the prestigious GEO Excellence Award in the category of Leadership Award for Professionals by the Gujarat Employers’ Organisation (GEO). The award was presented on 6 February 2026. The GEO Excellence Awards are widely respected across Gujarat for their rigorous and distinctive evaluation process, making the recognition particularly

Corporates

Marco Bruno Named Global R&D Head For Avgol Nonwovens

Textile Insights February 12, 2026

Avgol, the nonwovens business of Indorama Ventures, has appointed Marco Bruno as its new Global Head of Research and Development, a move aimed at strengthening the company’s innovation pipeline and value-chain collaboration. Bruno brings more than two decades of experience in the textile and nonwovens industry, with expertise in high-technology textile substrates and