Corporates

Jakob Müller Group Acquires MEI International, Strengthening Narrow Fabric Weaving Solutions

Textile Insights March 2, 2025

Jakob Müller Group (JMG), a global leader in narrow fabric weaving technology, has announced the acquisition of MEI International, an esteemed Italian manufacturer of wide-label weaving machines, effective January 1, 2025. With over 50 years of industry expertise, MEI brings specialized air-jet

Corporates

Kamal Mittal Joins RSWM Ltd As Chief Executive And Business Head – Cotton Yarn Business

Textile Insights February 28, 2025

RSWM Limited (LNJ Bhilwara Group) has appointed Kamal Kishore Mittal as Chief Executive and Business Head – Cotton Yarn Business. With over 30 years of experience in sales, marketing, business development, and brand building, Mittal has played a pivotal role in driving revenue growth and building high-performance teams. His career includes leadership positions at major

Corporates

Sweden’s Syre Eyes US$ 1 Billion Polyester Recycling Plant In Binh Dinh

Textile Insights February 27, 2025

Swedish textile company Syre has expressed interest in investing $700 million to over $1 billion in a polyester fiber recycling factory in Vietnam’s Binh Dinh province. The company shared its plans during a working session with the provincial People’s Committee, where Tim King, Operations Director at Syre, highlighted key challenges, including the supply of raw […]

Corporates

CMAI & BillMart Fintech Partner To Simplify Trade Finance For Garment Manufacturers

Textile Insights February 26, 2025

CMAI collaborates with BillMart to provide AI-driven trade finance and bill discounting solutions for faster liquidity and business growth. The Clothing Manufacturers Association of India (CMAI) has signed a strategic MoU with BillMart Fintech Pvt. Ltd., designating it as the official Digital Funding Partner for its members. BillMart, a leading digital lending platform

Corporates

DyStar To Consolidate Charlotte Operations Into Reidsville Facility After Land Sale

Textile Insights February 25, 2025

DyStar, a global specialty chemical company, has announced the sale of its Charlotte, North Carolina, manufacturing facility and the subsequent consolidation of operations into its Reidsville, North Carolina, site. The move aims to enhance production efficiency and align with the company’s long-term growth strategy for the Americas. The property, currently housing DyStar

Corporates

Prof Frederick Ma Appointed Chairman Of HKTDC

Textile Insights February 24, 2025

The Government of the Hong Kong Special Administrative Region (HKSAR) has appointed Prof Frederick Ma Si-hang as the new Chairman of the Hong Kong Trade Development Council (HKTDC). His two-year term will begin on 1 June 2025 and run until 31 May 2027. Currently the Non-Executive Chairman of FWD Group and a member of the […]

Corporates

Haelixa Appoints Marwa Zamaray To Advisory Board To Strengthen Textile Traceability

Textile Insights February 24, 2025

Haelixa, a global leader in textile traceability solutions, has appointed Marwa Zamaray, a recognized advocate for ESG and European Climate Pact Ambassador, to its Advisory Board. With extensive experience in supply chain due diligence and sustainability regulations, Zamaray will support Haelixa’s mission to enhance transparency and mitigate risks in global supply chains.

Corporates

Circulose Joins CanopyStyle And Pack4Good To Drive Sustainable Innovation

Textile Insights February 24, 2025

Circulose has joined CanopyStyle and Pack4Good, two key sustainability initiatives led by Canopy that aim to protect climate-critical forests and global biodiversity within the textile sector. As part of CanopyStyle, Circulose is helping brands transition from virgin raw materials to its Next Gen alternative, a sustainable fibre made entirely from 100% discarded textiles.

Corporates

Avgol Unveils New High-Speed Nonwovens Production Line In Mocksville

Textile Insights February 24, 2025

Avgol, an Indorama Ventures company, has inaugurated its new high-speed, high-capacity multiple beam nonwovens production line at its Mocksville, NC facility. The milestone marks the successful completion of a US$ 100 million investment, reinforcing the company’s commitment to innovation and excellence. Diego Boeri, Executive President of Indorama Ventures’ Fibres Segment,

Corporates

Netherlands-Bangladesh Circular Textile Trade Mission Strengthens Industry Collaboration

Textile Insights February 24, 2025

The Embassy of the Netherlands in Bangladesh, in collaboration with the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and Bangladesh Apparel Exchange (BAE), organized a Circular Textile Trade Mission match-making session at the BGMEA complex in Dhaka. The session marked a significant milestone as the first-ever Dutch trade mission to Bangladesh under