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

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

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

Corporates

Culp Elects William L. Tyson to Board of Directors

Textile Insights March 9, 2025

Culp, Inc., a leading marketer of mattress and upholstery fabrics, has elected William L. Tyson to its board of directors. Tyson brings over 30 years of experience in investment banking and capital markets, having held senior leadership roles at major financial institutions. Most recently, he served as Head of Mergers & Acquisitions at Fifth Third […]

Corporates

Haelixa Appoints Nina Marenzi To Advisory Board

Textile Insights March 9, 2025

Haelixa, a pioneer in DNA-based traceability solutions, has appointed Nina Marenzi to its Advisory Board. With her extensive experience leading the Future Fabrics Expo and connecting brands with innovators across the textile supply chain, Marenzi will provide strategic guidance to further Haelixa’s mission of enhancing brand trust in the industry. “Tracking and

Corporates

Raymond Announces Key Leadership Changes For Business Expansion

Textile Insights March 9, 2025

Raymond Ltd, India’s leading textile and apparel conglomerate, has announced key leadership changes to strengthen its business operations and accelerate growth. The restructuring aligns with the company’s strategic goals for the new fiscal year, enhancing leadership across critical segments. Vipul Mathur, Chief Business Officer – New Businesses, will now oversee both the

Corporates

Sritex Declared Bankrupt, 10,665 Workers Laid Off

Textile Insights March 9, 2025

A total of 10,665 workers from textile giant Sritex have been terminated between January and February 26, 2025, following a court ruling declaring the company bankrupt. The layoffs affected employees from four companies under the Sritex Group: PT Sritex Sukoharjo, PT Bitratex Semarang, PT Sinar Panja Jaya Semarang and PT Primayuda Boyolali. Slamet Kaswanto, coordinator

Corporates

Indorama Ventures Accelerates Growth Under IVL 2.0 Strategy

Textile Insights March 9, 2025

Indorama Ventures Public Company Ltd (IVL), a global sustainable chemical producer, is entering a new phase of growth under its IVL 2.0 strategy, focusing on strategic partnerships and industry consolidation. At its annual Capital Markets Day in Bangkok, Group CEO Aloke Lohia outlined how the company is positioning itself to capitalize on major shifts in […]

Corporates

TotalEnergies And Mayer & Cie. Partner To Co-Brand Tixo Stainless Knitting Machine Oils

Textile Insights March 9, 2025

TotalEnergies Lubrifiants and Mayer & Cie. have signed a partnership agreement to co-brand the Tixo Stainless knitting machine oil range. Under this agreement, Mayer & Cie.’s expert distributors will offer the Tixo Stainless range to customers worldwide. TotalEnergies’ Tixo Stainless oils are among the highest-performing lubricants for knitting machines, ensuring

Corporates

Sudarshan Chemical Completes Heubach Acquisition, Expands Global Footprint

Textile Insights March 9, 2025

Sudarshan Chemical Industries Ltd (SCIL) has successfully completed its acquisition of Germany-based Heubach Group through its wholly owned subsidiary, Sudarshan Europe B.V. The acquisition, structured as an asset and share deal, strengthens SCIL’s global presence and market leadership in the pigment industry. With this strategic move, SCIL expands its operations across 19