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Bangladesh Textile Firms Face Low Profits and Sales
May 2021
Listed textile and garment makers in Bangladesh are facing low profits and sales due to the ongoing COVID-19 pandemic. However, spinners and yarn makers are performing well by taking advantage of the price hike of yarn.
ADDEV Materials acquires TPI, expands offerings
May 2021
ADDEV Materials’ acquisition of French manufacturer Textile Pour l’Industrie (TPI) will help the former to expand its critical cleaning and surface preparation supplies in the civil and military aeronautics markets.
LYCRA, ITOCHU launch fibres made from recycled waste
April 2021
LYCRA and ITOCHU will jointly produce the textile waste versions of COOLMAX and THERMOLITE. The EcoMade fibres will be made of textile waste transformed into fibres through a unique depolymerisation and refining process.
ANDRITZ to acquire Laroche of France
December 2020
ANDRITZ has signed an agreement with Laroche, based in Cours, France, to acquire LM Industries comprising Laroche SA and Miltec SA, France.
USTER® fabric inspection systems to reduce waste
December 2020
USTER® fabric inspection solutions cover the value chain from weaving to finishing. The ingenious design of USTER® Q-BAR 2 and USTER® EVS FABRIQ VISION fits every production line – delivering the right quality, while reducing waste and optimizing fabric yield.
Stäubli: Innovation driver of Swiss machinery landscape
December 2020
December 9, 2020 marks the 80th-anniversary date of the Swissmem Textile Machinery Division. Stäubli, a member of Swissmem since January 1897, was among the founders of this section, dedicated to the textile industry.
UK scientists working to reduce textile industry waste
December 2020
Scientists at the University of York and the Royal College of Art are jointly working to reduce the environmental impact of the textile industry in the UK.
Indian garment & textile industry must re-weave itself
November 2020
“New trends will shape the future of Indian textile and apparel segment in the coming period. Businesses that can recognise the ebb and flow of the market and focus on adopting sustainability and recyclability in their business models will bounce back more strongly," says Raj Manek.
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