Browsing: Industry Update

Valmet will supply drying technology to Spinnova and Suzano’s textile fibre factory in Finland. The facility produces SPINNOVA fibre which creates 0% waste or side streams, 0% microplastics and has minimal CO2 emissions and water use.

The second wave of COVID-19 in India has adversely affected the textile sector in Tamil Nadu, especially when the export demand was high. Further, the textile hubs of Tiruppur and Coimbatore are worst affected.

As per the data obtained from the MIIT, China’s textile industry has recorded good growth during the first quarter of 2021. The industry’s revenue increased by 20.3% this year.

Many states in India are experiencing total lockdown due to which the garment export sector is badly affected. The sector has recorded a loss of around $15 billion during the second wave of the coronavirus pandemic.