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
The world’s biggest retailer Walmart has partnered Rubi Laboratories to test technology, that removes carbon dioxide (CO2) from its supply chain and eventually turn that CO2 into yarn for garments. As part of a pilot project, Walmart will identify factories in its supply chain where CO2 in waste gases can be captured using Rubi’s reactor […]
Sri Lanka headquartered MAS Holdings and one of the biggest garment manufacturers in the country, will buy HeiQ AeoniQ Climate Positive Cellulosic yarn as part of its ‘Plan for Change’ initiative to support the development of next-generation cellulosic filament fibres to replace polyester and nylon. With this investment, MAS Holdings becomes the first manufacturer to […]