Corporates

Eastman, Huafon Partner On Naia Yarn In China

Textile Insights August 14, 2025

Eastman has announced a formal strategic partnership with Huafon Chemical to establish a joint facility for the production of cellulose acetate yarn. The facility will focus on localized production and product innovation for Eastman Naia™ cellulose acetate filament yarns in China. “China is the

Corporates

Karl Mayer Technical Textiles Appoints Hagen Lotzmann As Managing Director

Textile Insights August 11, 2025

Karl Mayer Technical Textiles has appointed Hagen Lotzmann as its new Managing Director, effective July 1, 2025. He will also serve as President of the Karl Mayer Technical Textiles business unit. A mechanical engineer by training, Lotzmann has been with the company since 2008, contributing in roles ranging from development engineer to sales engineer, and […]

Corporates

Fineotex Expands Production Capacity With New Ambernath Facility

Textile Insights August 9, 2025

Fineotex Chemical Limited has inaugurated the first phase of its new manufacturing facility in Ambernath, Maharashtra, marking a major step in its growth strategy. The company has invested approximately Rs 60 crore, funded through internal accruals and capital raised, while adding 7 acres to its operational footprint. The expansion increases Fineotex’s production capacity

Corporates

Shivtek Invests Rs 50 Cr In Rajpura Plant, Signs MoU With Bodal

Textile Insights August 7, 2025

New Facility to Boost Green Chemical Manufacturing and Supply Chain Efficiency Shivtek Spechemi Industries Ltd, the flagship specialty chemicals arm of the Shiva Group, has signed a Memorandum of Understanding (MoU) with Bodal Chemicals Ltd to acquire an 8-acre land parcel in Rajpura, Punjab. The deal paves the way for a Rs 50 crore investment […]

Corporates

Ravindrakumar Toshniwal Becomes Vice-Chairman, Shaleen Named MD Of Banswara Syntex

Textile Insights August 7, 2025

Banswara Syntex Ltd., has announced key leadership changes effective August 7, 2025. Ravindrakumar Toshniwal, who has served as Managing Director will assume the role of Vice-Chairman. Concurrently, Shaleen Toshniwal will transition from the position of Joint Managing Director to Managing Director of the company. Ravindrakumar Toshniwal, a seasoned industry leader with

Corporates

Ashima To Raise Rs 70 Crore Via Private Placement Of NCDs

Textile Insights August 4, 2025

Ashima Ltd has announced the issuance of 7,000 unlisted, secured, unrated, redeemable, rupee-denominated Non-Convertible Debentures (NCDs) of Rs 1 lakh each, aggregating to Rs 70 crore, on a private placement basis. The NCDs, carrying a coupon rate of 7.5% per annum, will have a tenure of nine years from the date of allotment (July 31, […]

Corporates

EPS Appoints Tom Bertke To Drive Xaar Versatex Sales In North America

Textile Insights August 4, 2025

EPS, part of the Xaar Group, has named Tom Bertke as Sales Manager for the Xaar Versatex Printbar in North America. With more than 30 years in capital equipment sales, including 25 years in inkjet technology, Bertke brings extensive experience from leadership roles at Domino, EFI, Jetrion, SPG Prints, Durst, Konica Minolta, Ricoh and Hitachi. […]

Corporates

Kusumgar Appoints Anil Kumar Gupta As President – Operations

Textile Insights August 4, 2025

Kusumgar, a leading name in the technical textiles sector, has appointed Anil Kumar Gupta as President – Operations. With over 28 years of experience in textiles and manufacturing, Gupta has a strong track record of leading multi-plant operations, driving business transformations, and building high-performing teams. He began his career with Voltas Ltd., (a TATA Enterprise)

Corporates

Trident Group Becomes Title Sponsor Of PGTI Trident Open

Textile Insights August 3, 2025

Trident Group has made a strategic entry into Indian professional golf by partnering with the Professional Golf Tour of India (PGTI) as the title sponsor of the inaugural Trident Open Golf Championship, scheduled from November 11–14 at the prestigious Chandigarh Golf Club. The tournament carries a prize purse of Rs 1 crore. This collaboration marks […]

Corporates

SCZONE Breaks Ground On US$ 55 Mn Textile Projects In Sokhna

Textile Insights August 3, 2025

The General Authority for the Suez Canal Economic Zone (SCZONE) has launched two major textile projects within the TEDA–Egypt industrial developer area in the Sokhna Industrial Zone, with combined investments exceeding US$ 55 million. The ground-breaking ceremony was attended by Waleid Gamal El-Dien, Chairman of SCZONE, alongside senior officials and company