MARKET & ECONOMY
The Lenzing Group has welcomed the issuance of the guidelines to implement the Single-Use Plastics Directive. In the guidelines, EU Commission has mentioned which product falls within the scope of the directive.
As per the report by SIDBI-CRIF, the Indian textiles and apparels industry has availed credit of Rs 1620 billion as of December 2020. As on this date, the active loans stood at 426 thousand.
BRÜCKNER will present its product portfolio and services from June 12 to 16 in hall 6, booth number A18 at ITMA ASIA in Shanghai. The team is looking forward to its customers.
The shoe industry is affected by short collection cycles and is under the pressure of time and cost. Two medium-sized German enterprises KARL MAYER STOLL and DESMA have joined forces to overcome this issue.
Vaccines, social distancing, and face masks (VSF) are important tools in the toolkit to wage the war against COVID-19, says Prof Seshadri Ramkumar.
Deliveries of new short-staple spindles, open-end rotors, and long-staple spindles dropped by -48%, -27%, and -46%, respectively, says ITMF report. However, shipments of large circular knitting machines marked the exception with a 13% growth.
EFI Reggiani celebrated 75 years of heritage in 2021 for innovation and glamour in the textile world. During the celebration, the brand revealed the launch of three new, state-of-the-art digital textile printers.
In order to meet the demand of the non-cotton fashion industry, the textile millers in Bangladesh have demanded a withdrawal of value added tax (VAT) and import duty on all kinds of manmade fibres (MMF).
To add wow factor to home wear, KARL MAYER created a crinkle-effect look made on an HKS 4-M EL. The look is beautiful and comfortable and is inspired by the trend towards “stay-at-home†feel-good clothing.