Corporates

Girnar Spintex To Expand And Modernize Textile Facility

Textile Insights July 17, 2025

Girnar Spintex Industries has received board approval for a comprehensive plan to expand and modernize its existing composite textile facility. The initiative aims to boost production efficiency, integrate advanced technologies, and align operations with future business needs. The company

Corporates

Multiples Consortium To Acquire Controlling Stake In VIP Industries

Textile Insights July 17, 2025

VIP Industries Limited has announced that its promoters, Dilip Piramal and family, have entered into a definitive agreement to sell up to a 32% stake in the company to the Multiples Consortium. The deal will trigger an open offer as per SEBI Takeover Regulations and will result in a change of control at VIP Industries. […]

Corporates

H&M Move And Zlatan Ibrahimović Launch Performance-Driven Training Collection

Textile Insights July 13, 2025

H&M Move has unveiled a dynamic new men’s training collection in collaboration with global football icon Zlatan Ibrahimović. Known for his power, discipline and passion for movement, Zlatan has co-created the collection alongside H&M Move’s design team, infusing it with his signature style and performance standards. “H&M Move understands what I want strong,

Corporates

Groz-Beckert And Klüber Lubrication Partner To Optimize Knitting Oil Performance

Textile Insights July 13, 2025

Groz-Beckert has announced a successful collaboration with Klüber Lubrication, focusing on the rigorous testing of Klüber’s knitting oils at the Groz-Beckert Technology and Development Center (TEZ). The partnership aimed to evaluate the oils’ performance and energy efficiency directly on Groz-Beckert’s knitting machines. The joint testing initiative was conducted

Corporates

Luwa Marks 90 Years Of Air Engineering Excellence

Textile Insights July 13, 2025

Luwa Air Engineering, a pioneer in textile and industrial air engineering, is celebrating its 90th anniversary in 2025. Founded in 1935 in Zürich, Switzerland, by Hans and Walter Bechtler, Luwa began as a manufacturer of oil- and coal-burning systems, with its name derived from the German words Luft und Wärme, air and heat. Over nine […]

Corporates

BASF Becomes Sole Owner Of Alsachimie Joint Venture

Textile Insights July 13, 2025

BASF has acquired DOMO Chemicals’ 49% stake in the Alsachimie joint venture, becoming the sole owner of the PA 6.6 precursor production facility in Chalampé, France. Financial terms of the deal remain undisclosed. With full control of Alsachimie, BASF strengthens its European polyamide 6.6 operations and secures backward integration into key raw materials such as […]

Corporates

DuPont Settles Hoosick Falls Water Case For US$ 27M

Textile Insights July 13, 2025

Chemical giant DuPont has agreed to a US$ 27 million settlement to resolve a longstanding lawsuit over the contamination of the water supply in Hoosick Falls, a village in upstate New York. The agreement, announced Wednesday by lawyers representing affected residents, comes nearly a decade after the class action suit was filed in 2016 and […]

Corporates

Mei Sheng And Trützschler: A Trusted Partnership Driving Quality And Growth In Vietnam

Textile Insights July 13, 2025

Mei Sheng Textiles Vietnam Co. Ltd., a leading yarn manufacturer in Vietnam, continues to achieve rapid growth and international success, thanks in part to its longstanding partnership with Trützschler’s Card Clothing division. In an exclusive interview, Adrian Song, Vice Chairman of Mei Sheng, shared key insights into how the company consistently delivers top-tier quality

Corporates

LMW Global FZE Signs MoU With Ministry Of Industry And New Technologies, Republic Of Tajikistan

Textile Insights July 11, 2025

LMW, a global leader in textile spinning machinery manufacturing, proudly announces the signing of a significant Memorandum of Understanding (MoU) with the Ministry of Industry and New Technologies, Republic of Tajikistan. This landmark agreement was officially exchanged on 8th July 2025, during the prestigious International Textile Forum held in Tajikistan, which brought

Corporates

Spunweb Nonwoven To Launch IPO On July 14

Textile Insights July 11, 2025

Spunweb Nonwoven is set to open its Initial Public Offering (IPO) of 63,51,600 equity shares in the price band of Rs 90 – Rs 96 per share from July 14 to July 16, 2025. The shares will be listed on NSE’s SME platform. The issue is managed by Vivro Financial Services. Spunweb, along with its […]