February 24, 2026
Corporates

Sonovia & Avco Chemicals Unite For Sustainable Indigo Revolution

Sonovia has partnered with Avco to revolutionize indigo dye production, pioneering eco-friendly solutions for the fashion industry. In a major stride towards sustainable textile solutions, Sonovia unveiled a transformative collaboration with Avco, a global leader in textile processing chemicals, aimed at revolutionizing indigo dye production. This strategic partnership,
Corporates

Renewcell Secures SEK 100 Million In Short-Term Financing

Renewcell AB has successfully addressed its short-term liquidity needs through strategic financial arrangements. The company secured two short-term loans totaling SEK 100 million from major shareholders, H&M Fashion AB and Girincubator AB, as well as existing lenders BNP Paribas, European Investment Bank (EIB), Nordea Bank Abp, and AB Svensk Exportkredit. Of the total
Event

PHDCCI Summit Calls For Green Practices In Indian Textile Industry

Government and industry leaders gathered at the 2nd Sustainable Textiles Summit in New Delhi, where Prajakta L Verma, Joint Secretary in the Ministry of Textiles, stressed the urgency of traceability, recycling, and sustainable practices in the textile sector. She emphasized the paradoxical nature of the industry as a major global employer, but also a significant […]
Corporates

Precot Joins ITMF As Corporate Member To Expand Global Reach

Precot, a leading provider of a diverse range of cotton products for cosmetic, personal hygiene and medical applications, has recently become a Corporate Member of the International Textile Manufacturers Federation (ITMF). This move is poised to enhance Precot’s international standing and foster collaboration within the global textile industry. Christian Schindler,