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Rieter 1st half of 2020 severely impacted by COVID-19
July 2020
The COVID-19 pandemic led to a market situation where demand for the goods and services of all three business groups decreased significantly.
Textile chemicals market size to reach $26.40 billion
July 2020
The global textile chemicals market size is projected to reach $26.40 billion by the end of 2027. The increasing applications of the product across diverse industry verticals will emerge in favour of the growth of the market.
Empowering women is critical for Atmanirbhar Bharat
July 2020
As the world grapples with Corona with a scramble for suitable drugs, devices, protective equipment and not least discovering a vaccine, India has turned this necessity into a virtue. The government’s unveiling of a stimulus package is a step towards attaining self-reliance while battling the pandemic.
Fujian Billion kicks off industrial yarn production
July 2020
From the end of this year, the southern Chinese yarn manufacturer Fujian Billion Polymerization Technology Industrial will be producing industrial yarns using systems supplied by Oerlikon Barmag.
GHCL reports 50% fall in net revenue for Q1FY21
July 2020
Net revenue for Q1FY21 is at Rs 440 crore as compared to Rs 879 crore in the corresponding quarter ended June 30, 2019.
Italian texmach: Orders intake drops in 2Q2020
July 2020
The index of orders intake for Italian textile machinery, as compiled by ACIMIT, fell by 47 per cent for the period April-June 2020, compared to the same period in 2019, with orders falling both abroad and in Italy.
Spinning: A comeback tale
July 2020
Despite uncertainties in the market created by Covid-19, the textile spinning and machinery and accessories industry is bouncing back with reported rise in orders.
1st high-performance fibre from date palm by-product!
July 2020
Five Egyptian researchers recently claimed to have developed the world’s first high performance fibres and reinforcements from by-products of date palm pruning like frond and fruit stalks, also called PalmFil. The sustainable and economical fibre is compatible with textile and composite processing and offers the properties needed for future lightweight cars.
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