MARKET & ECONOMY​

Archroma, a global leader in colour and specialty chemicals, has unveiled an aniline-free denim indigo dye. The new dye provides a non-toxic way to produce the traditional, iconic indigo blue that consumers associate with denim and jeans.

Major retailers are backing the Cotton Egypt Association’s drive to rid the supply chain of falsely labelled Egyptian Cotton™ goods. John Lewis and Dunelm, have voiced support for CEA’s new rigorous accreditation process and ability to DNA test products, and say they will continue to insist suppliers adhere to the new standard.

Groz-Beckert is set to show latest products and services from the fields of knitting, weaving and sewing at the 16th Febratex in Blumenau, Brazil. The event, which will be held from August 21 to 24, 2018, will display everything relating to equipment, accessories, consumables and raw materials from all areas of the textile industry.

Intertek jointly with the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has introduced the fifth collection of training courses under the Skills for Employment Investment Programme (SEIP), designed by the Bangladesh government to support the apparel and textile sector.

Coimbatore-based Elgi Equipments Ltd, a leading manufacturer of air compressors, announced the results for the financial year 2017-18 posting a PAT of Rs 76.9 crore, compared to Rs 68.4 crore in 2016-17.