Singapore Economic Development Board (EDB), McKinsey & Company, SAP, Siemens and TÃœV SÃœD announced a tie-up to support companies scale the adoption of Industry 4.0 tech.
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Union Textiles Minister Smriti Zubin Irani released the dates of Technotex-2019, the 8th International Exhibition and Conference on technical textiles, which will be organised from August 29-31, 2019 at Bombay Exhibition Centre, Mumbai.
The Oerlikon Manmade Fibers segment has been a member of ADAMOS, an alliance of machine and systems construction sector companies, since the beginning of 2019. With this move, the company is ramping up its digital strategy, creating the right framework for implementing its concrete Industrie 4.0 solutions.
Shandong Ruyi Investment Holding, a textile and apparel company in China, has completed acquisition of Invista’s apparel and advanced textiles business.
The orders index for textile machinery for the period ranging from October to December 2018, as compiled by ACIMIT, the Association of Italian Textile Machinery Manufacturers, fell compared to the same period for 2017. The index value stood at 101.9 points (basis: 2015 =100).
Excess supply and prolonging trade war with China is affecting the cotton market. Productive, albeit stressful conversations, occurred at the Lubbock-based Plains Cotton Grower (PCG), Inc, about the current trade situation with China, which is impacting the production agriculture in the United States.
Levi Strauss & Co has announced their financial results for the fourth quarter and fiscal year ended November 25, 2018.