Browsing: Industry Update

Indian textile and apparel giant Raymond recently announced the approval from its committee of directors to raise Rs 40 crore through private placement of non-convertible debentures.

US-based Bally Ribbon Mills (BRM), leader in the design, development, and manufacture of highly specialised engineered woven fabrics, has unveiled new advanced textile products to increase part functionality and utility.

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.

ANDRITZ has signed an agreement with Laroche, based in Cours, France, to acquire LM Industries comprising Laroche SA and Miltec SA, France.

Textile materials technology innovator HeiQ (LSE:HEIQ) has become a publicly listed company on the London Stock Exchange main market. The admission follows an oversubscribed placing and subscription, raising £60 million (before expenses).