MARKET & ECONOMY​

Kraig Biocraft Laboratories, the biotechnology company focused on the development and commercialisation of spider silk, announces that the company received its first small shipment of spider silk from Prodigy textiles, its wholly-owned Vietnamese subsidiary.

During April-December 2020, output of MMF declined by 18.2 per cent y-o-y to 1,319 thousand tonnes on a cumulative basis. The production had fallen sharply in the initial 3 months of FY21 due to COVID-19 induced lockdown restrictions.

The Lenzing Group is enhancing sustainable offerings for the denim industry with TENCELâ„¢ branded modal fibres with Indigo Color technology. The pioneering Indigo Color technology behind this new market offering incorporates indigo pigment directly into TENCELâ„¢ branded modal fibres.