Freudenberg Performance Materials launches online shop for interlinings and padding for the clothing industry
Browsing: Industry Update
Though India has become the largest producer of cotton in the world, the country faces acute shortage of Extra Long Staple (ELS) cotton as the BT technology that was introduced during 2003, provided the technology only for long staple cotton.
Teijin Frontier , the Teijin Group’s fibres and products converting company, announced today that it has established Teijin Frontier India Private Ltd in Gurugram, India to conduct sales and trading activities that will further strengthen its global business.
As of 1st February, 2021, Benoit Moutault has resumed the position as Group Vice President Business Field Textile (Auxiliaries and Dyestuffs) from Ralf Kattanek. He reports to the CEO of the CHT Group, Dr. Frank Naumann, Chairman of the Board.
BRFL Textiles Private Limited (BTPL), housing the largest single-roof fabric processing unit in India, has completed an INR 2.4 Bn equity infusion from a consortium of marquee financial investors led by JM Financial India Fund II.
Order intake of CHF 640.2 million in the 2020 financial year was 31 per cent down on the previous year. Following the significant slump in demand in the second quarter of 2020, order intake recovered in the third quarter and improved further in the fourth quarter.
The industry has been pleading the government to remove anti-dumping duty of USD 0.103 to 0. 512 per kg imposed on the VSF during the last several years, which is under active consideration