MARKET & ECONOMY​

The International Textile Manufacturers Federation (ITMF) unanimously elected Kihak Sung, chairman of South Korea-headquartered Youngone Corporation, as the new president of the Federation for 2018-20.

ANDRITZ will be presenting its innovative nonwovens and textile finishing technologies for the Asian markets at the ITMA ASIA show to be held at the National Exhibition and Convention Center in Shanghai, China, from October 15 to 19.

H&M Foundation and The Hong Kong Research Institute of Textiles and Apparel (HKRITA) have announced the opening of two textile recycling facilities, which will put HKRITA’s hydrothermal method for recycling cotton and polyester blends to use.