Month: May 2017

Textile major Arvind Ltd has reported a 41 per cent decline in net profit for the year ended March from a year ago on the back of demonetisation and increase in cotton prices.

Aleph has announced the signing of a binding agreement whereby Wise SGR S.p.A. – on behalf of Wisequity IV closed-ended fund –will purchase a majority stake of the company.

Beaulieu Technical Textiles (BTT) brought its specialised extrusion coating & extrusion laminating support for industrial applications to the fore at this year’s Techtextil showcase.

The Human Solutions Group showcased at the Texprocess from May 9 to 12, 2017 in hall 4.0, C21, how digitization is revolutionising product development in the apparel industry.

Specialty chemicals company LANXESS projects the highest full year results in company history, following a very strong first quarter of 2017 and the successful closing of the acquisition of U.S. based company Chemtura.