China needs to pull up its socks when it comes to setting prices and formulating standards in the cotton textile industry. Due to the pandemic, the industry has been severely affected by reduced demands for garments.
Browsing: Industry Update
Stäubli will present machinery equipped with high-end technologies as well as software solutions at ITMA Asia 2021. Stäubli booth is C21 in Hall 3 at the National Exhibition and Convention Centre, Shanghai.
The Belgium-based textile innovator has launched two new bio-based textile finishes, both derived from vegetable oils. These products will support the brand’s circularity programme.
Freudenberg Performance Materials, one of the leading suppliers of technical textiles, has announced two unique sustainable products – breathable interlinings and tapes, and FLEXX innovative padding.
The Karur Textile Exporters Association requests complete lockdown of its 400 textile units, considering the Covid-19 spike. The units are currently operating with 50% manpower. These workers can act as virus carriers.
The National Company Law Tribunal (NCLT) has admitted an insolvency petition against Sintex Industries, a popular textile and yarn manufacturer in India, as it failed to pay around Rs 70 billion to creditors, led by PNB.
US companies are giving tough time to Vietnamese garment producers by not clearing their dues. For May Song Hong, dues outstanding with the American companies have risen by 19.5% in the first quarter.