News - Textile Insights

Corporates

Unifi Sells Madison Facility For US$ 45 Million, Cuts Debt And Streamlines Operations

Textile Insights May 25, 2025

Unifi, Inc., the makers of Repreve and a global leader in recycled and synthetic yarns, has announced the successful sale of its manufacturing facility in Madison, North Carolina, to a third-party buyer for US$ 45 million. The company used US$ 25 million of the proceeds to reduce its term loan

Sustainability

Standard Textile Releases 2024 Sustainability Report, Commits To SBTi

Textile Insights May 25, 2025

Standard Textile Co., Inc., a global leader in healthcare and hospitality textiles, has released its 2024 Sustainability Impact Report and announced its formal commitment to the Science Based Targets initiative (SBTi). This dual milestone reinforces the company’s dedication to sustainable innovation, operational transparency and climate responsibility. Guided by its

Sustainability

BASF and TrinamiX To Showcase Textile Circularity Solutions At Textiles Recycling Expo 2025

Textile Insights May 25, 2025

BASF SE and its subsidiary TrinamiX GmbH will jointly present innovative solutions for textile sorting and circularity at the upcoming Textiles Recycling Expo, June 4–5, 2025, in Brussels (booth 2341, hall 3). Their collaboration highlights the full spectrum of textile circularity—from precise material identification to high-performance recycled materials. BASF will

Corporates

Kemira Partners with Metsä Group to Develop Sustainable Kuura Textile Fibre

Textile Insights May 22, 2025

Kemira and Metsä Group have joined forces to advance the development of Kuura, a sustainable, European-made lyocell-type textile fibre. Kuura is being developed as a cost-effective and scalable alternative to existing man-made cellulosic fibers (MMCFs), addressing environmental challenges in the textile value chain. Metsä Group is currently conducting a pre-engineering

Cotton

CAI Urges Cotton Traders To Boycott Türkiye Over Anti-India Stance

Textile Insights May 22, 2025

In a strong appeal to the Indian cotton trading community, the Cotton Association of India (CAI) has urged a complete halt to all cotton trade with Türkiye, citing the country’s anti-India stance and its alignment with Pakistan during recent geopolitical tensions. In a circular issued by President Atul S. Ganatra of CAI, the association highlighted […]

Corporates

SCZONE, GS Global Sign US$ 15M Deal For Qantara West Garment Plant

Textile Insights May 21, 2025

The General Authority for the Suez Canal Economic Zone (SCZONE) has signed a contract with GS Global Sourcing Co., Ltd, a leading Chinese apparel manufacturer, to establish a new ready-made garments production facility in the Qantara West Industrial Zone. The agreement was formalized by SCZONE Chairman Waleid Gamal El-Dien and Luo Ju, legal representative and […]

Fibre

Breakthrough Study Brings Hemp Closer To Mainstream Textile Use

Textile Insights May 21, 2025

A innovative study from the University of Zagreb’s Faculty of Textile Technology is set to redefine the role of hemp in the textile industry. Long considered a niche, infrastructure-intensive fiber, hemp is now being recognized as a cotton-compatible input that can be spun using standard machinery, opening the door to broader industrial use and adding […]

Corporates

Monterey Textiles Group Acquires Patrick Yarns, Launches FilSpec USA

Textile Insights May 21, 2025

Monterey Textiles Group has announced the successful acquisition of Patrick Yarns, previously part of the Coats Group. The facility, located in Kings Mountain, North Carolina, will now operate under the name FilSpec USA, ushering in a new chapter of innovation and excellence in specialty technical yarn production. This strategic acquisition strengthens FilSpec’s position

Trade & Market

Dun & Bradstreet Report: India Faces Margin Heat, Eyes Export Gains

Textile Insights May 21, 2025

India stands at a critical crossroads in global trade as geopolitical tensions and tariff realignments reshape international commerce. A recent whitepaper by Dun & Bradstreet, titled “Navigating the Fault Lines of Global Trade: An Indian Perspective”, highlights how Indian exporters are navigating a dual challenge: preserving profitability amid rising U.S.

Corporates

Circ To Build US$ 500M Polycotton Recycling Plant In France

Textile Insights May 21, 2025

U.S. based textile recycling company Circ has secured support from the French government and the European Union to establish the world’s first industrial-scale facility capable of recycling polycotton, a blend of polyester and cotton at Saint-Avold in northeastern France. The project, with a total investment of €450 million (US$ 500 million), is set to begin […]

Unifi Sells Madison Facility For US$ 45 Million, Cuts Debt And Streamlines Operations

Standard Textile Releases 2024 Sustainability Report, Commits To SBTi

BASF and TrinamiX To Showcase Textile Circularity Solutions At Textiles Recycling Expo 2025

Kemira Partners with Metsä Group to Develop Sustainable Kuura Textile Fibre

CAI Urges Cotton Traders To Boycott Türkiye Over Anti-India Stance

SCZONE, GS Global Sign US$ 15M Deal For Qantara West Garment Plant

Breakthrough Study Brings Hemp Closer To Mainstream Textile Use

Monterey Textiles Group Acquires Patrick Yarns, Launches FilSpec USA

Dun & Bradstreet Report: India Faces Margin Heat, Eyes Export Gains

Circ To Build US$ 500M Polycotton Recycling Plant In France

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