Fibre

Lenzing Shows New Sustainable Fibre At Intertextile Shanghai

Textile Insights August 29, 2023

Lenzing, a producer of cellulose fibres has unveiled Lenzing Ecovero with Refibra technology at this Intertextile Shanghai Apparel being held in Shanghai. Building on the success of Tencel Lyocell fibres with Refibra technology, the expansion of the Refibra technology to Lenzing Ecovero will

Financial Results

Consolidated Revenues At Grasim Rises 11% in Q1FY’24

Textile Insights August 16, 2023

In the first fiscal quarter ending June 30, 2023, consolidated revenues at Grasim Industries rose 11 percent from a year ago quarter to Rs 31,065. In the reporting quarter, consolidated EBITDA at the Aditya Birla Group company totaled Rs 4,981 crore, up 11 percent against first quarter of fiscal 2023. Profit after tax fell 18 […]

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 Network compromises of yarn and textile producers committed to […]

Corporates

Birla Cellulose Partners & Supports 1,500 Handloom Weavers

Textile Insights August 9, 2023

Birla Cellulose has collaborated with over 1,500 weavers across India to support the handloom weaver community and increase productivity in the sector. The Aditya Birla Group company ensures timely and consistent delivery of quality yarn at stable prices, thereby boosting the capabilities of weavers, while also introducing them to sustainable, eco-friendly, cost-effective,

Fibre

Lenzing Group Bags Platinum Status In EcoVadis CSR Rating

Textile Insights August 8, 2023

Producer of specialty fibres for the textile and nonwoven industries, Lenzing Group has bagged the platinum status in the EcoVadis CSR rating and puts Lenzing in the top one percent of global companies rated by EcoVadis. The rating comprehensively covers the four most important practices in the area of corporate social responsibility: environment, fair working […]

Financial Results

Cellulose Fibre Maker Lenzing Group H1 Sales Slip 3.4%

Textile Insights August 3, 2023

In the first six months of 2023, sales at cellulose fibre producer Lenzing Group slipped 3.4 percent year on year to €1.25 billion, mainly due to lower fibre revenues, although pulp revenues were up. EBITDA in the first half of 2023 declined significantly by 27.7 percent from a year ago period to €136.5 million. Lenzing […]