Corporates

SK Chemicals Launches China’s First Vertically Integrated Recycling Facility

Textile Insights December 15, 2025

SK Chemicals has partnered with China’s Kelinle to establish the Feedstock Innovation Center (FIC) in Shaanxi, China. The facility will convert hard-to-recycle plastics and textiles such as discarded blankets and PET-bottle fines into feedstock for chemical recycling. The FIC will initially

Corporates

LRT Inaugurates Hyundai WIA HS 6300 Machining Centre At Unit 2

Textile Insights December 15, 2025

LRT has inaugurated the Hyundai WIA HS 6300 Horizontal Machining Centre at its Unit 2 facility, marking a significant milestone in the company’s manufacturing capabilities. The inauguration was held in the presence of Rajendra Kumar, Chief Operating Officer of LRT. The HS 6300 is a high-speed, high-precision horizontal machining centre designed to handle complex machining

Corporates

Itema Partners With Ivy Decarb To Accelerate Decarbonisation In Weaving Process

Textile Insights December 15, 2025

Itema has announced a strategic partnership with Ivy Decarb, a digital platform that enables textile companies to measure, compare and reduce their carbon footprint, marking a significant step toward decarbonising the weaving process. As one of the first textile machinery manufacturers to join the Ivy Decarb ecosystem, Itema is positioning itself at the forefront of […]

Corporates

VTM Signs Mou With Tamil Nadu Govt For Rs 50 Crore Investment In Textiles

Textile Insights December 15, 2025

VTM has signed a memorandum of understanding (MoU) with the Government of Tamil Nadu to invest Rs 50 crore over the next two years in the state’s textile sector. The proposed investment will be directed toward cotton grey fabric and home textile manufacturing facilities in the Madurai and Virudhunagar districts. The project is expected to […]

Corporates

Ecosis And Decathlon Sign MoU To Expand Textile-To-Textile Recycled Polyester Use

Textile Insights December 15, 2025

Ecosis, through Texfil Pvt. Ltd., a wholly-owned subsidiary of Filatex India Ltd., has signed a Memorandum of Understanding (MoU) with Decathlon Sports India to collaborate on expanding the use of textile-to-textile recycled polyester in sports apparel. The MoU concludes nearly two years of engagement between the two organisations, encompassing extensive technical

Corporates

SuperCircle Raises $24M Series A To Revolutionize Retail Textile Waste Management

Textile Insights December 11, 2025

SuperCircle, the full-stack AI-powered textile waste management platform for leading global retailers, announced $24 million in Series A funding led by Foundry, with participation from BBG Ventures, Renewal Fund, and Elemental Impact. The funding will accelerate SuperCircle’s expansion as a scalable operating system addressing retail’s growing end-of-life textile problem.

Corporates

Egypt Eyes US$ 100 Million Textile Investment With Chinese Firm Fountain Set

Textile Insights December 11, 2025

Egypt is opening its doors to new industrial investment, with plans underway for a US$ 100 million textile complex in partnership with Chinese fabric manufacturer Fountain Set Limited, according to Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI). Heiba met the Fountain Set delegation, along with representatives from Elegance Apparel […]

Corporates

Lenzing CEO Rohit Aggarwal Resigns, New Executive Committee Announced

Textile Insights December 11, 2025

Lenzing AG announced that Managing Board Member and Chief Executive Officer Rohit Aggarwal has informed the Supervisory Board of his decision to step down for personal reasons, effective 31 January 2026. To ensure a smooth transition, he will continue to serve as an advisor to the company until September 2026. The Supervisory Board expressed its […]

Corporates

Gildan Completes Acquisition Of HanesBrands

Textile Insights December 8, 2025

Gildan Activewear Inc. has completed its previously announced acquisition of HanesBrands Inc., creating one of the world’s largest apparel companies. The deal significantly expands Gildan’s portfolio by bringing together leading activewear and innerwear brands under a single, vertically integrated platform. “Today marks the beginning of an exciting new chapter,” said Glenn

Corporates

bluesign Unveils Redesigned Website For Enhanced User Experience

Textile Insights December 8, 2025

bluesign has announced the launch of its redesigned website, bluesign.com, created to provide visitors with easier access to essential information, services and resources. The new site features an improved design, streamlined navigation and a more intuitive structure, enabling brands, manufacturers, chemical suppliers and consumers to better understand how the bluesign