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

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

Corporates

Welspun Living Secures Top ESG Ranking In 2024

Textile Insights February 20, 2025

Welspun Living Limited (WLL), a global leader in home textiles, has achieved a significant milestone in sustainability, securing an ESG score of 83 in the 2024 S&P Global Corporate Sustainability Assessment (CSA). This recognition reaffirms WLL’s leadership as the highest-ranked textile manufacturing company from India in the Textile, Apparel & Luxury Goods

Corporates

Alok Industries Signs MoU With Kasturi Cotton To Promote Indian ELS Cotton

Textile Insights February 16, 2025

Alok Industries has signed a Memorandum of Understanding (MoU) with Kasturi Cotton for the procurement of 50 lakh bales during the current season. The announcement was made by Dr. Siddhartha Rajagopal, Executive Director of Cottton Textiles Export Promotion Council (Texprocil). The MoU signing was attended by Sunil Patwari, Chairman of the Kasturi Cotton Committee and […]

Corporates

LNJ Bhilwara Group And Birla Cellulose Collaborate To Manufacture Functional Textiles With Graphene

Textile Insights February 15, 2025

LNJ Bhilwara Group companies, RSWM Ltd and TACC Ltd, have announced the signing of a Joint Development Agreement (JDA) with Birla Cellulose, the cellulosic fibres division of Grasim Industries Ltd. This partnership marks a significant step in advancing the development of graphene technology for textile applications. Graphene, a single layer of carbon atoms arranged in […]