News - Textile Insights

Sustainability

Cone First North American Denim Mill To Join CIRCULOSE Network

Textile Insights August 12, 2023

USA based Cone Denim has joined the CIRCULOSE Supplier Network and in turn has become the first denim mill in North America to join the network. Renewcell, a pioneering leader in textile recycling innovation, announced the launch of the CIRCULOSE Supplier Network last month. CIRCULOSE Supplier

Financial Results

Reported EBITDA at Indorama Ventures slips 68% in Q2

Textile Insights August 12, 2023

Reported EBITDA at Indorama Ventures slipped 68 percent year on year to US $321 million in the second quarter of 2023, but rose 7 percent over the earlier quarter. The Thailand headquartered company recorded revenues of $4 billion in the reporting quarter, again down 27 percent from a year ago quarter, and also down one […]

Technical Textile & Nonwoven

Andritz Showing Novel Nonwoven Solutions At Techtextil India

Textile Insights August 12, 2023

Germany nonwovens technologies supplier Andritz will be showing its innovative nonwovens production and textile solutions at Techtextil India in Booth K12, Pavilion 2 & 3. The stall will highlight technologies for wipes, textile recycling, needlepunch, and textile calendering. The company will focus on its comprehensive technologies for all types of wipes: Airlace,

Machinery

Optima 3D Delivers ITMA Display Loom To US University

Textile Insights August 12, 2023

Optima 3D is delivering the special weaving technology it demonstrated at ITMA 2023 for installation at the University of Maine’s Advanced Structures and Composites Center (ASCC) in USA. The 3D weaving system consists of an Optima 3D Series 600 shuttle weaving machine with an integrated 2,688-hook Stäubli SX jacquard and harness. “It is also complemented […]

Cotton

Better Cotton Urges EU To Align Green Claims Directive With Anti-Greenwashing Measures

August 11, 2023

Better Cotton has provided feedback on the European Union’s proposed Green Claims Directive, emphasizing the need for clarity and alignment with other legislative measures to combat greenwashing. The proposed directive, published in March, seeks to establish common criteria for substantiating environmental claims made by companies. It requires products and services

Special Report

India’s Denim Fabric Exports Poised For Growth

August 11, 2023

Denim fabric, a popular and versatile textile primarily used in the production of jeans and other casual garments, is known for its durability, strength and distinctive twill weave, giving it a diagonal pattern. While typically made from cotton yarn, variations using synthetic fibres or blends are also available. Denim fabric finds application in a wide […]

Sustainability

Zero Waste Europe Paper Sounds Alarm As EU Fails To Rein In Textile Sector Emissions

August 11, 2023

A recent paper highlights the emissions gap that apparel industry giants will face if no urgent action is taken by governments to prevent overproduction. Published by the environmental network Zero Waste Europe, the paper notes that despite being the top buyer of clothes globally, the EU has yet to set concrete measures on textile waste […]

Export

Bangla Garment Exports Get UK Duty Free Status Post LDC

Textile Insights August 11, 2023

Bangladesh garment exports to the UK will continue to receive duty free status posts for a three year period following its transition out of the Least Developed Country (LDC) status in 2026. The South Asian country will be eligible to export 92 percent of tariff line products duty-free, which also includes apparels, when accessing the […]

Financial Results

Oerlikon Group Sales Drop 4.4% In Q2

Textile Insights August 11, 2023

In the second quarter ending June 30, 2023, Oerlikon Group sales dropped slightly by 4.4 percent year on year, to CHF 702 million, mainly driven by postponements in Polymer Processing Solutions’ filament orders. However, the Switzerland based group’s sales rose 3.6 percent from a year ago quarter, including 5.9 percent from Riri at constant exchange […]

Corporates

Indorama Almost Triples Brazilian PET Recycling Facility

Textile Insights August 11, 2023

Indorama Ventures which is one of the biggest producers of recycled Polyethylene Terephthalate (PET) resin in the world, has almost tripled its recycling capacity at its Brazil facility The capacity of the recycling facility has been increased from 9,000 tons to 25,000 tons per year of PET made from post-consumer recycled (PET-PCR) material. The project […]

Cone First North American Denim Mill To Join CIRCULOSE Network

Reported EBITDA at Indorama Ventures slips 68% in Q2

Andritz Showing Novel Nonwoven Solutions At Techtextil India

Optima 3D Delivers ITMA Display Loom To US University

Better Cotton Urges EU To Align Green Claims Directive With Anti-Greenwashing Measures

India’s Denim Fabric Exports Poised For Growth

Zero Waste Europe Paper Sounds Alarm As EU Fails To Rein In Textile Sector Emissions

Bangla Garment Exports Get UK Duty Free Status Post LDC

Oerlikon Group Sales Drop 4.4% In Q2

Indorama Almost Triples Brazilian PET Recycling Facility

Join Us

Popular Posts

Indian Textile Industry Trends For 2024 & Beyond

Alok Industries Expands Global Footprint In Home Textiles & Apparel

Gujarat’s New Textile Policy: 30% Capital Subsidy Sparks Growth

Indian Textile Industry: Perspectives From 2023 And Hopes For 2024

news letter

Recent News

Micro-Window To Embroidery : When Outsourcing Started Costing More Than Ownership

Better Cotton Initiative Announces New Council Members

Tejas Edvankar Joins VUTCH As Area Business Development Manager

Trending News

Indian Textile Industry Trends For 2024 & Beyond

Alok Industries Expands Global Footprint In Home Textiles & Apparel

Gujarat’s New Textile Policy: 30% Capital Subsidy Sparks Growth

Categories

Contact Address

Trending

Join Us

Popular Posts

Tags

news letter

Get Updates

Recent News

Trending News

Categories

Contact Address