Cologne – Speciality chemicals company LANXESS is selling its chrome chemicals business to Brother Enterprises, a Chinese leather chemicals producer. Both companies on August 12, 2019, signed a respective agreement.
Browsing: Industry Update
The Lenzing Group continued its solid business development in the first half of 2019. Despite a significantly more challenging market environment with historically low prices for standard viscose, Lenzing recorded a slight increase in revenue.
Century Textiles and Industries (CTIL) reported a 11.06 per cent rise in consolidated net profit at Rs 180.62 crore for the quarter ended June 30, 2019.
Garware Technical Fibres Ltd (formerly Garware-Wall Ropes), a leading manufacturer of technical textiles for the Indian and global markets, announced its financial results for the first quarter ended June 30, 2019.
HP Inc has announced a new portfolio of digital textile printersâ€â€HP Stitch S500 and HP Stitch S1000â€â€to reinvent the textile printing industry in the country.
The US administration will continue levying anti-dumping duty on imports of steel wire garment hangers from China.
Glen Raven Inc, a global provider of performance fabrics, has signed a letter of intent to acquire Sunbury Textile Mills, a market leader in the design and manufacture of decorative jacquard fabrics. Under the agreement, Sunbury will become a wholly owned subsidiary of Glen Raven and will operate as part of Glen Raven Custom Fabrics, best known as the makers of Sunbrella fabrics.