MARKET & ECONOMY
Dr N N Mahapatra, President, Colorant Ltd, Ahmedabad and a leading technocrat, international dyer, author and speaker have been admitted to The Royal Society of Chemistry as a FELLOW FRSC (UK). His name is published in The Times (London) newspaper .
Millions are being invested to boost cotton research in Texas. Cotton research gets a boost from the State of Texas through its Governor’s University Research Initiative. Texas has funded US$5 million to boost research and education in cotton at Texas Tech University (TTU) in Lubbock.
The Picanol OMNIplus Summum-HP airjet is built for bottomweights where existing airjets can barely reach 1000 RPM. The need for speed in this range of fabrics is felt especially in developed markets.
Dr Matthias L. Wolfgruber (64) is the new Chairman of the Supervisory Board of LANXESS AG. At its constituent meeting, the Supervisory Board of the specialty chemicals company elected the doctor of chemistry and former CEO of Altana AG as the successor to Dr Rolf Stomberg (78), who resigned from his office after the end of today’s Annual Stockholders’ Meeting. Wolfgruber has been a member of the Supervisory Body as a stockholder representative since 2015.
SANTEX RIMAR GROUP shareholders announce top management change and appoint Simone Rancan, former SMIT CEO, as new CEO of SANTEX RIMAR GROUP ensuring continuity and a smooth transition after the leadership of Stefano Gallucci.
Arvind would invest Rs 1,500 crore in three years to increase its garment making capacity from fabric by six-fold to meet the rising demand for branded apparel and fashion garments, a senior executive told.
More than 180 delegates from five countries attended ‘GOTS India Seminar 2018’, organised by Global Organic Textile Standard (GOTS). The seminar was held in Le Meridien Coimbatore, Tamil Nadu, India on May 29, 2018.
Export of knitwear and readymade garments from Tamil Nadu fell by 5.6 per cent in 2017-18 owing to various reasons, including demonetisation, GST and global competition.
The duration of ITM 2020 exhibition has been extended to five days on the basis of intense demand from exhibitors and visitors and will be held from June 2 to 6, 2020, in Istanbul, Turkey.