News - Textile Insights - Page 431

Corporates

Mikusu India Acquires 1.74% Equity In Daikaffil Chemicals India

January 28, 2024

Daikaffil Chemicals India Ltd, based in Tarapur, Maharashtra, has witnessed a 1.74% change in its equity and voting share capital with Mikusu India Pvt Ltd acquiring 104,499 equity shares on January 23, 2024. This acquisition is in line with the open offer for equity shares, as previously

Corporates

Rieter Acquires Petit Spare Parts SAS For Enhanced After-Sales Support

January 28, 2024

Rieter Group, the world’s leading supplier of systems for manufacturing yarn from staple fibres in spinning mills headquartered in Winterthur, Switzerland, has acquired the French company, Petit Spare Parts SAS, effective January 5, 2024. The acquisition is set to strengthen Rieter Group’s dynamic after-sales business. Petit Spare Parts SAS is a renowned supplier in the

Industry

AEPC Seeks Budgetary Boost For RMG Exports

January 28, 2024

The Apparel Export Promotion Council (AEPC) has submitted crucial pre-budget proposals to the government, focusing on enhancing the competitiveness of Ready-Made Garment (RMG) exports in India. AEPC has emphasized the importance of budgetary support and has suggested key measures to fortify the apparel export sector. Trimmings and embellishments under IGCR Rules: AEPC has

Corporates

Shengtai Textile’s 300,000-Spindle Yarn Plant Construction On Track

January 28, 2024

Shengtai Textile Co., Ltd., located in Zhoukou, Henan province, is making rapid progress in the construction of its 300,000-spindle spun yarn project. The company is set to implement a fully automated process, transforming the facility into a “dark factory.” With a significant investment of 5.2 billion yuan, the Shengtai Textile Industrial Park has evolved into

Corporates

Giltex Joins ITMF To Lead Textile Integration In South Caucasus

January 28, 2024

Giltex LLC, the sole vertically integrated company in Azerbaijan and the entire South Caucasus region, has joined International Textile Manufacturers Federation (ITMF). Christian Schindler, Director General of ITMF, expressed enthusiasm about Giltex joining ITMF, highlighting the global nature of the textile industry. He emphasized the significance of international

Fibre

Birla Cellulose & Usha Yarn Jointly Unveil Recycled Yarn Blends

Textile Insights January 25, 2024

Birla Cellulose and Usha Yarn have joined forces to introduce ‘Puneh’, a groundbreaking range of highly sustainable mechanically recycled yarn blends. “This association aims to revolutionise the textile industry by seamlessly integrating recycled fashion yarn with sustainable cellulosic fibre,” Birla Cellulose said in a press release. Derived from Sanskrit, ‘Puneh’

Machinery

Oerlikon Sells Intralogistics Unit Meant For Large MMF Spinning Mills

Textile Insights January 25, 2024

Oerlikon Barmag Automation (OBAA) which operates in the field of intralogistics for large chemical fibre spinning mills has been sold to Italian company (IGH) Irico Gualchierani Handling S.r.l. “This will enable Oerlikon to focus more on its core competence in melt, yarns, fibres and nonwovens within spinning and texturising in the future,” a press release […]

Event

TAI Mumbai Finalises Speakers For Sustainability Conference

Textile Insights January 25, 2024

The Textile Association (India), Mumbai Unit which is organising an international conference on “Sustainability and Circularity – The New Challenges for the Textile Value Chain” on January 31, 2023 has finalised its list of speakers who would address the conference. The Chief Guest is Virendra Singh, IAS, Secretary (Textiles), Cooperation, Marketing &

Fibre

Precision Textiles Uses RPET Fibres To Reduce Carbon Footprint

Textile Insights January 25, 2024

To reduce its carbon footprint Precision Textiles has partnered with Unifi; manufacturers of Repreve recycled fibre and use these fibres in the manufacturing of all its filler cloth products. The first-of-its-kind collaboration within the industry makes Precision Textiles the only bedding component manufacturer to use Repreve recycled performance fibre in its nonwoven

Sustainability

Ffrpet Segment Critical For Textile Environmental Sustainability

Textile Insights January 25, 2024

The establishment of a solid fibre-to-fibre recycled PET polyester (FFrPET) industry is critical if the textile and clothing industry is to achieve environmental sustainability. This is the finding of a report released by Textile Intelligence titled ‘Fibre innovations aid the creation of circular textile and apparel supply chains.’ According to the report, polyester will

Previous
1
…
429
430
431
432
433
…
589
Next