MARKET & ECONOMY
Birla Cellulose’s case study on Spearheading Sustainable Fashion was published by Ivey Publishing and then made its way to the Harvard Business Review case collection.
Huntsman Textile Effects and Sciessent have entered into a strategic partnership to bring revolutionary antimicrobial and odour-control solutions to textile mills and brands worldwide.
Material innovation company Spinnova and the world’s largest wood pulp producer Suzano will make an estimated 22 million euro investment to build the first commercial scale SPINNOVA®production facility in Finland.
Beximco, a leading multinational company in Bangladesh, recently opened a complex worth $100 million for the production of personal protective equipment (PPE), according to a prominent news agency.
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.
To boost exports, government has announced a scheme namely “Scheme for Remission of Duties and Taxes on Exported Products†(RoDTEP) to all export goods, including textiles and garments with effect from 1st January, 2021.
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.
Ministry of Textiles is contemplating a New Textile Policy. At present, New Textile Policy has not been finalised and it is at draft stage.
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.