Machinery

Trützschler Unveils Digital Start-Up To Derive Maximum Value

Textile Insights May 28, 2024

Trützschler’s Digital Start-Up is a special service that helps its mill customers get maximum value from Trützschler’s digital solutions. From personalised configurations through to analysing data and optimising production processes in real time, a customer mill can rely on Digital Start-Up

Financial Results

Net Loss Rises Higher At HP Cotton Textile Mills In Q4FY’24

Textile Insights May 15, 2024

Net loss rose higher at HP Cotton Textile Mills to Rs 3.84 crore in the fourth fiscal quarter ending March 31, 2024, up 40.89 percent as against net loss of 2.27 crore in the same quarter of earlier fiscal The company reported total income of Rs 19.68 crores during the period ending March 31, 2024, […]

Fibre

Tearfil Starts Spinnova’s R&D Spinning Line Supplied By Rieter

Textile Insights May 9, 2024

Tearfil mill in Portugal has inaugurated Spinnova’s R&D yarn spinning line under a yarn development agreement under which the two companies will share the capacity of the spinning line. The spinning line machinery was delivered by Rieter and the R&D spinning line will be used for product development and testing of Spinnova fibre. The aim […]

Corporates

Yarn Producer Sanathan Textiles To Raise Rs 800 Crore Via IPO

Textile Insights April 20, 2024

Yarn manufacturer Sanathan Textiles has filed preliminary papers with capital markets regulator Sebi to raise Rs 800 crore through an initial public offering (IPO). According to the Draft Red Herring Prospectus (DRHP), the IPO is a combination of a fresh issue of equity shares aggregating up to Rs 500 crore and an Offer For Sale […]

Industry

Turning The Wheel: ICRA’s Anticipated Surge In Cotton Demand Creates Buzz In The Industry

Textile Insights January 30, 2024

In a recent research note by ICRA on the domestic cotton spinning industry, the rating agency has anticipated a robust 12-14% growth in demand for FY2024, driven by a surge of 85-90% in yarn exports. This upswing is attributed to a shift in sourcing preferences away from China and heightened expectations of increased demand in […]

Industry

Egypt Set To Open Biggest Spinning Mill With 182,000 Spindles

Textile Insights January 12, 2024

Egypt is all set to inaugurate its largest spinning mill in El Mahalla El Kubra city in February, which has been set up by the Cotton and Textile Industries Holding Co, a government entity. The new project was implemented under the national project for the development of the spinning, weaving, and textile industries, Minister of […]

Machinery

Spinning Apron & Cots Maker Asteks Eyes Asia & Africa Market

Textile Insights January 3, 2024

Asteks, a manufacturer of high-quality aprons and cots types as well as advanced grinding and automation solutions is focusing on the markets of Asia and Africa. And to do so, the Turkish company participated in ITMA ASIA + CITME in Shanghai and ITME Africa in Kenya. “China is the world’s largest market with a spindle […]

Machinery

Combining Uster’s Fiberq & Quality Expert Offer Dual Benefits

Textile Insights December 28, 2023

The unique Uster combination of quality measurement instruments with sophisticated software is at the heart of an evolution in spinning. FiberQ is the essential starting point to unlocking maximum profits, through absolute raw material consistency,” Uster said in a press release. Uster Quality Expert completes the picture by monitoring quality throughout the production

Machinery

Short Staple Spindles Installed Globally Grows 0.88% In 2022

Textile Insights December 23, 2023

Short-staple spindles installed globally have grown from 225 million units in 2021 to 227 million units in 2022, up a marginal 0.88 percent Statistics released by the International Textile Manufacturer Federation (ITMF) also informed that the number of installed open-end rotors increased higher at 8.3 million in 2021 to 9.5 million in 2022 According to […]

Machinery

Trützschler Card Clothing Celebrates 20th Anniversary

Textile Insights December 15, 2023

20 years back, Trützschler acquired the card clothing business of American textile machinery producer Hollingsworth located in Black Forest in Germany, and created Trützschler Card Clothing (TCC). Huge changes have happened since Trützschler entered the card clothing industry 20 years ago. Magnet systems for the flat top of the card are one very special milestone […]