Indian Textiles Journal

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Picanol acquires minority stake in Rieter

April 2021

Picanol Group has today acquired a minority stake in Rieter Holding AG , amounting to a total of 467,236 shares for a price of 45.4 million EUR.

Tags: Picanol Group, Rieter, Spinning Machinery

Spearheading Sustainable Fashion makes it to HBR

April 2021

Birla Cellulose: ‘Spearheading Sustainable Fashion’ case makes its way to HBR List

Tags: HBR, Birla Case Study, Birla Cellulose, Spearheading Sustainable Fashion, Harvard Business Review, Aditya Birla Group, Utkarsh Majumdar, Namrata Rana

Huntsman Textile Effects partners with Sciessent

April 2021

Huntsman Textile Effects and Sciessent have entered into a strategic partnership to bring revolutionary antimicrobial and odour-control solutions to textile mills and brands worldwide.

Tags: Huntsman Textile Effects, Sciessent, Antimicrobial Solutions, Antiodour Solutions, Home Textiles, Outerwear, Sportswear

Bangladesh launches $100 M PPE industrial park

April 2021

Beximco, a leading multinational company in Bangladesh, recently opened a complex worth $100 million for the production of personal protective equipment (PPE), according to a prominent news agency.

Tags: Bangladesh, PPE, Textile Park, PPE Exports

ANDRITZ receives order for needlepunch line from Pureko

April 2021

International technology Group ANDRITZ has received an order from Pureko to supply a needlepunch line for their plant in Myszków, Poland. The line will process recycling fibres from garment waste.

Tags: ANDRITZ, Pureko, Needlepunch Line, Recycling Fibres, Technical Felts, Geotextile

ITM exhibition postponed to June 14-18, 2022

April 2021

The postponement decision was taken as a result of intense discussions and evaluations with our participants and sector representatives.

Tags: ITM, International Textile Machinery Exhibition, Istanbul, Tradeshow

Pandemic leads to surge in demand for sustainable items

April 2021

A year into lockdown, research finds sharp increase in consumer demand for sustainable products and business practices.

Tags: US Cotton Trust Protocol, Sustainability, Sustainable Products, Clothing Brands, Apparel Retailers, Sustainability Standards

Change in the board of directors of Rieter

April 2021

Michael Pieper, a member of the Board of Directors of Rieter Holding AG since 2009, has informed Rieter that Artemis Beteiligungen I AG has sold its 11.5 per cent block of shares to the Picanol Group.

Tags: Rieter, Spinning Machines, Michael Pieper, Bernhard Jucker

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