Rieter has announced impressive financial results for the first half of 2023, demonstrating a robust recovery despite challenging market conditions. The company recorded a significant sales increase of 22.2% to CHF 758.2 million compared to the same period last year. The positive sales growth
Indorama Ventures Public Company Limited, a global leader in sustainable chemicals, and Sumitomo Mitsui Banking Corporation (SMBC), a prominent international financial institution, inaugurated Thailand’s inaugural sustainability-linked Trade Finance facility. The facility, worth US$ 50 million, aims to support Indorama Ventures’ ongoing commitment to
Grasim Industries Ltd was honored with the esteemed title of Sustainable Organization of 2023 at the NavaBharat Environment Conclave and Awards in Mumbai. The award was presented to Pavan Jain, Chief Financial Officer of Grasim Industries, by Shri Nitin Gadkari, the Minister for Road Transport & Highways, Government of India. This prestigious accolade serves as […]
ReshaMandi has recently been recognized as the ‘Best Application Development Company’ in the agri-tech category at the prestigious India DevOps Show 2023. This esteemed accolade serves as a testament to the unwavering commitment and remarkable accomplishments of Shiv Prasad Khillar, Senior Vice President of Technology, and his highly skilled team. ReshaMandi
Trützschler invites you to step into the digital realm, where unmatched service awaits you. With their digital solutions, they shall offer an informative and seamless user experience that enhances the efficiency of your mill operations. Welcome to the extraordinary world of “My Trützschler,” a comprehensive all-in-one platform. By creating a free account, you
Accountability and transparency are fundamental principles of ethical business practices, and Eastman Exports has wholeheartedly embraced these values. Over three years ago, they joined the Sustainable Apparel Coalition (SAC) with a commitment to transparently showcase their environmental, social, and labor initiatives. Lately Eastman Exports announced that SAC has
Grasim Industries Limited, a flagship company of Aditya Birla Group and Rieter has a joint cooperation to explore the production of best air-jet yarns and fabrics made from viscose. Both the companies have recently concluded a trial with the eco-friendly Birla Excel fiber, which is made from a unique closed-loop process. With this trial, the […]
Welspun Group, one of India’s rapidly expanding global conglomerates, marks a significant milestone, as they unveil their new logo. With the addition of the word “World,” the refreshed logo now proudly represents Welspun as “Welspun World.” The introduction of the new logo, “Welspun World,” signifies Welspun Group’s vision to
Marco Salvadè has been appointed as new President of the Association of Italian Textile Machinery Manufacturers (ACIMIT) at its general assembly meeting held on July 4. Marco Salvadè who is the President of Salvade Srl, replaces Alessandro Zucchi as President of ACIMIT. Salvade Srl is a manufacturer of textile finishing machinery. He has been an […]
The global textile industry is struggling to bring textile waste into the circular economy stream. 50% of the industry worldwide has yet to take action despite the discussion around the severity of the issue. Only less than 1% of the textile waste is currently recycled. According to recent data from the Circular Fashion Index (CFI), […]