Samsara Eco announced the successful completion of its latest funding round, raising AUD $100 million (USD $65 million). The funding round was led by global investment company Temasek and Australian deep tech investment fund Main Sequence, with participation from new and existing backers,
Trützschler Group, a market leader in spinning technology, continues to push the boundaries of innovation to meet the evolving needs of the textile industry. In an exclusive chat with Textile Insights, Dr. Bettina Temath, Head of Global Marketing at Trützschler Group SE, sheds light on the latest innovation showcased at ITM 2024 and their implications […]
MAS Holdings, a global apparel manufacturing and tech conglomerate headquartered in Sri Lanka, has joined forces with Los Angeles-based materials science company Ambercycle to scale up textile-to-textile regeneration in the apparel industry. The partnership, which centers around a three-year offtake agreement, reflects demand among large brands and manufacturers for new
Far Eastern New Century (FENC) is leading the global sustainable recycled polyester industry. With the world’s largest production of food-grade recycled polyester, FENC oversees a seamlessly integrated production and sales system spanning from recycled feedstock to end product applications. Through its vast recycling capacity, FENC recycles over 22 billion
Schützen Chemical Group has secured its position as one of the top 15 finalists in the prestigious AIM Startup Pitch Competition. The event, slated to take place in Abu Dhabi from May 7 to 9, 2024, promises to be a global stage where innovation and ingenuity converge. Schützen Chemical Group stands at the forefront of […]
Eastman, a specialty materials company renowned for its Naia cellulosic fibres, has initiated a strategic collaboration with Debrand, a leading next-life logistics company specializing in sustainable solutions for apparel waste, serving some of the world’s top apparel and footwear brands. In partnership with Debrand, Eastman is utilizing its cutting-edge molecular
Sourcery announces the expansion of its Provisional Partnership Programme, extending invitations to ten denim mills, manufacturers, and verticals from Pakistan, Bangladesh, Vietnam, Turkey, and Italy. This initiative, successful in India and Pakistan, offers Provisional Direct-to-Grower™ Manufacturer Partners the opportunity to engage in a “test-drive” of
The Fabrics, Accessories & Beyond Show 2024 (FAB Show 2024), orchestrated by the Clothing Manufacturers Association of India (CMAI), culminated in resounding success, heralding a promising era for the country’s textile and apparel sector. Spanning three days from April 15 to April 17 at the Bombay Exhibition Centre, Mumbai, the event exceeded all anticipations,
RSWM Ltd, under the leadership of Joint Managing Director Brij Sharma, is embarking on an journey towards sustainability and green initiatives, marking significant strides in environmental responsibility. Embracing a holistic approach, RSWM is shaping a greener and more sustainable future. The company’s comprehensive sustainability strategy encompasses six key
Bio-manufacturing startup Spiber Inc. has successfully concluded a fundraising round, securing over JPY 10 billion, including additional investments from existing shareholders. This funding infusion will fuel the acceleration of mass production of its innovative Brewed Protein materials and facilitate global sales, further advancing the circular economy. Spiber’s