News - Textile Insights - Page 484

Industry

Giorgio Calculli Takes Helm At ACIMIT

September 4, 2023

Giorgio Calculli has been appointed as the new managing director of ACIMIT, the Association of Italian Textile Machinery Manufacturers. He is a law graduate with a Master’s degree in training and employment policies and has been a part of ACIMIT since 2006, serving as the head of the

Home Textiles

Operating Profit Of Home Textile Sector To Improve 150-200bps

Textile Insights September 4, 2023

Operating profitability of the Indian home textiles sector will improve 150-200 basis points to 14.0-14.5 percent, due to lower raw material costs and better operating leverage. In a report, Crisil Ratings added that despite improvement in operating profitability, they will still hover below pre-pandemic levels. The ratings agency also said that revenues from the home […]

Corporates

Fifth Edition Of Indorama Ventures’ ‘Circular Innovation Challenge’

Textile Insights September 4, 2023

Indorama Ventures Public Company Limited, a global sustainable chemical company announced its support for the ‘Circular Innovation Challenge 2023’ for the third consecutive year. “The five-week hackathon aims to inspire and engage young people across Southeast Asia to create solutions to address sustainability challenges and the circular economy in Southeast Asia and

Machinery

Kornit’s Atlas Max Poly DTG Bags ‘Best Technology’ Award

Textile Insights September 4, 2023

Digital textile printer manufacturer, Kornit Digital has bagged the Pinnacle Product Award for ‘Best Technology’ by the Printing United Alliance for its Atlas Max Poly DTG printer. According to the Israeli company, the industry award singles out those technologies, predicted to have a significant impact on the world of digital textiles, now and in the […]

Machinery

Setex & Navis TubeTex Team Up To Integrate Solutions

Textile Insights September 4, 2023

Setex and Navis TubeTex have joined hands to improve textile dyeing and finishing by integrating their respective solutions. Navis TubeTex has been appointed as the new Setex agent for Canada, Honduras and the United States. Through this partnership, Navis TubeTex will offer textile manufacturers comprehensive and integrated solutions to enhance efficiency, streamline

Export

Vietnamese Apparel Exports Up 6.8 Percent In July

Textile Insights September 4, 2023

In July 2023, garment exports from Vietnam totaled US $3.27 billion, an increase of 6.8 percent, when compared with June 2023. As against the earlier eleven months, Vietnamese clothing shipments recorded the highest value in July 2023, according to the General Statistics Office (GSO). “Shipments of apparel are showing recovery signs in several markets and […]

Corporates

Company Culture At The Yarn Bazaar: Promoting Collaboration And Creativity In Our Workplace

September 4, 2023

In today’s ever-evolving corporate landscape, company culture has long been dismissed as a soft and secondary aspect of business, often overshadowed by the more tangible metrics such as profit and loss. However, the post-covid world has brought about a profound shift in thinking, prompting a reevaluation of these conventional notions. We have come to realise […]

Event

ICAC’s Seminar In Taiwan To Focus On Textile Innovation And Sustainability

September 3, 2023

The International Cotton Advisory Committee (ICAC) is set to host an exciting international seminar in Taipei on October 18-19, 2023, in collaboration with the Taiwan Textile Federation (TTF). The seminar, the 8th in the series, will be centred on the theme of ‘Sustainability and Innovation in the Global Textile Value Chain.’ Mark Sussman, a member […]

Industry

Sudarshan Chemical Wins EEF Sustainability Award 2023

September 3, 2023

Sudarshan Chemical Industries Limited has been bestowed with “The EEF Global Sustainability Award 2023” in the Platinum category, in recognition of its exceptional commitment to sustainability and Environmental, Social, and Governance (ESG) practices. The prestigious award ceremony took place on 25 August 2023 at Dr Ambedkar International Centre, New Delhi. The

Corporates

Rajapalayam Mills Ltd Commissions New Fabric Expansion And Processing Units

September 3, 2023

Rajapalayam Mills Ltd commissioned its Fabric Expansion Unit and Fabric Processing Unit for commercial production on September 1, 2023. The new unit features a weaving capacity of 166 looms and a fabric processing capacity of 50,000 metres per day. This expansion enables the company to provide finished, ready-to-stitch apparel fabrics to its customers. To ensure […]

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