MARKET & ECONOMY​

Nylstar, an European textile company, has introduced new Meryl recycled yarns as part of its global strategy to provide circular economy solutions. Meryl yarn can now be produced with global recycled standard (GRS) certification using Invista recycled nylon 6.6 polymer. With 50 per cent or more recycled content, yarn will retain the world-renowned quality.

Tencel, the textile specialty fibre brand under Lenzing, has partnered with India-based textile and garment major Arvind to launch a collection of trendy, stylish sustainable shirts and suiting for men. The partnership marks a key milestone in the sustainability journey of Tencel fibres that brings a good range for the menswear segment.

OrganoClick has since several years supplied biodegradable industrial impregnation products for textiles under the brand OrganoTex. Now, the products OrganoTex Textile Waterproofing, OrganoTex BioCare Sport Textile Wash and OrganoTex Wool & Down Wash are launched in Belgium, Netherlands and Luxembourg with Ideavelop BV as sales and distribution partner.

Nylstar, an European textile company, has introduced new Meryl recycled yarns as part of its global strategy to provide circular economy solutions. Meryl yarn can now be produced with global recycled standard (GRS) certification using Invista recycled nylon 6.6 polymer. With 50 per cent or more recycled content, yarn will retain the world-renowned quality.

Sericulture in Jammu and Kashmir will get a boost with the newly established silk weaving and silk filatures factories at Bari Brahmana area of Samba district. These new facilities have been established with project cost of Rs 16.80 crore and Rs 6.64 crore respectively.

GHCL Limited, India’s leading chemical and textile company, announced its financial results for Q1FY21. Commenting on the financial performance, RS Jalan, Managing Director, GHCL, said, “As the global COVID crises evolves even further, we are now witnessing a wider impact on economies across the world.

The government will roll out a production-linked incentive (PLI) scheme for the labour-intensive textiles and garment sector and correct its historical policy bias towards a cotton-dominated value chain, as it plans a renewed bid to reclaim India’s export markets after ceding a substantial ground to Bangladesh and Vietnam in recent years.