Corporates

Ganesha Ecosphere Invests Rs 100 Crore In Subsidiary Ganesha Ecopet

Textile Insights June 28, 2024

Ganesha Ecosphere Limited (GESL) has announced a significant investment in its wholly-owned subsidiary, Ganesha Ecopet Pvt. Ltd. The company has invested Rs. 100 crore into Ganesha Ecopet by subscribing to 10 crore equity shares, each with a face value of Rs. 10, on a rights basis. This

Corporates

Hyosung TNC Collaborates With Ambercycle To Introduce Circular Polyester In South Korea

Textile Insights June 13, 2024

Hyosung TNC, a global leader in sustainable textile solutions, has teamed up with Ambercycle, a prominent material science company, to pioneer the integration of textile-to-textile circular polyester into South Korea’s supply chains. This partnership underscores both companies’ commitment to fostering a circular textile ecosystem by repurposing end-of-life

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 chemistry that touches billions of lives every day,” the Aloke Lohia led company

Corporates

FENC Leads In Sustainable Polyester Industry Expansion

Textile Insights May 5, 2024

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

Apparel, Fashion, Retail

Swedish Apparel Retailer H&M Moves Towards Textile Circularity

Textile Insights March 7, 2024

H&M Group and Vargas Holding launched Syre, a new initiative to manufacture textile-to-textile recycled polyester fibre. Syre is also backed by TPG Rise Climate and aims to rapidly scale textile-to-textile recycling of polyester and contribute to a more sustainable textile industry. H&M Group has signed an agreement with Syre to purchase US $600 million worth […]

Sustainability

Lindström India Offers Workwear Made From Recycled Polyester

Textile Insights February 24, 2024

Lindström India, a subsidiary of the Finnish Lindström Oy, a global textile rental company offering workwear and cleanroom services has included recycled polyester from PET bottles into its workwear garments. “Through this initiative Lindström India has reaffirmed its commitment to sustainability with yet another proactive initiative,” the company said in a press release.