Browsing: Industry Update

The SDC EC organised its 9th ‘Day of Colour’ recently at the Boardroom, Textile Committee, Prabhadevi, Mumbai,the event theme of which this year was ‘Sustainability driven Innovations’.

The order index for textile machinery elaborated by ACIMIT, the Association of Italian Textile Machinery Manufacturers, for the period from January to March 2018 dropped 12 per cent compared to the same period for 2017.

DowDuPont’s net sales increased 5 per cent to $21.5 billion, with growth in most operating segments and geographic regions, from pro forma net sales of $20.5 billion in the year-ago period.

The 63-years old Indian leader in card clothing products and card room accessories for the textile spinning industry, ICC Ltd is entirely shifting production to its already existing state-of-the-art manufacturing facility in Nalagarh, Himachal Pradesh. In doing so, ICC has closed down its Pune plant, which was manufacturing card clothing since more than six decades.

Loepfe Brothers Ltd has appointed Daniel Link as Chief Executive Officer with effect from May 1, 2018. Maurizio Wermelinger, the current CEO, will retire but will remain as an advisor for a limited period of time to ensure a smooth transition.

After a long gap, Wadia group’s textile company Bombay Dyeing is looking at entering readymade apparel once again with menswear products. Earlier, it had an apparel brand, Vivaldi, which the company sold to Proline to manage.

Beaulieu Yarns, the global supplier of high-quality synthetic polyamide and polypropylene yarns, now offers sustainable versions of all its polyamide (PA6) yarns for carpets for residential and commercial use, including automotive. The EqoBalance® family of “biomass-balance” yarns was launched at Domotex 2018.