Corporates

Thailand based Indorama Ventures Rebrands & Rolls Out New Logo

Textile Insights May 22, 2024

Indorama Ventures Public Co. Ltd. Has developed and launched a new logo to reflect its modernity, sustainability, innovation, and the quality its provides to its customers worldwide. “The new logo conveys our commitment to be a world-class sustainable chemical company producing indispensable

Machinery

Retech Presenting Advantages Of Its Godet Rolls At Techtextil

Textile Insights March 16, 2024

At the upcoming Techtextil 2024, Retech will present advantages of its godet rolls, which are essential components in the production of synthetic fibres in Hall 12, Stand B-01. “These heated, ambient or cooled rolls help achieve the perfect yarn quality for a range of materials and applications when it comes to heat treatment for filament […]

Sustainability

Spinnova Stresses On Incentives In Circular Fashion At COP28

Textile Insights December 14, 2023

Sustainable textile material company Spinnova has emphasised on incentives and investments into circular fashion at COP28. In the run up to COP28, Spinnova added that it is not the time to back down on climate action in the global fashion and textile industries. According to Spinnova, decarbonising the industry and reaching net zero by 2050 […]

Fibre

Vietnam Fibre Exports Down 13.8% In First Nine Months Of 2023

Textile Insights October 28, 2023

In the months between January and September 2023, Vietnamese exports of various fibres totaled US $3.2 billion, down 13.8 percent year over year. In the period under review, fibre shipments to China, which is Vietnam’s biggest fibre export market, amounted to $1.71 billion, a drop of 2.1 percent from a year ago period. Fibre exports […]

Fibre

Lycra Showing New Developments at Intertextile Shanghai

Textile Insights August 28, 2023

The Lycra Company, a manufacturer of innovative and sustainable fibres is showing its latest developments at Intertextile Shanghai in Hall 4.1 being held in Shanghai. The Lycra brand pavilion is the largest exhibition space ever at 932 square meters and features 28 co-exhibitors united under the theme of ‘Co-Create the Future Today’. The company will […]

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 […]