MARKET & ECONOMY​

Dow India recently announced that Chandrakant ‘Chandra’ Nayak, currently Product Director for Polyurethanes in Asia-Pacific has been assigned to lead as Sales Director for Polyurethanes & POPG in Middle East, Africa and India,etc.

India’s largest denim fabric manufacturer, Nandan Denim Limited (NDL), has reported a net profit of Rs 13.93 crore for the Q3 of FY 2017-18 as against Rs 8.63 crore in the corresponding period of 2016-17, a rise of 61 per cent.

Dr Frank Heislitz, currently Chief Technology Officer (CTO) of Freudenberg Performance Materials, will take over the position of Chief Executive Officer (CEO) of Freudenberg Performance Materials with effect from April 1, 2018. Dr Heislitz succeeds Bruce Olson, who will retire at the end of March 2018 after 11 years of outstanding work for Freudenberg.

The Albstadt-based circular knitting machine manufacturer Mayer & Cie. has received an IKU award. The SME won a Climate and Environment Innovation Prize (IKU) for its spinitsystems spinning and knitting technology.

Intimasia 2018 (Kochi) Asia’s exclusive fashion trade show dedicated to lingerie and intimate wear, will be held from March 8 to 10, 2018 at Adlux International Conventional Centre, Kochi. INTIMASIA (KOCHI) debuts in one of the fastest growing sector of the apparel industry in India, the most promising consumer segment, an arena that has recently not only increased in the volume of sales but also in the value.

Presented for the first time at the Fashion Hub – Spazio Cavallerizze, the concept shoe created exclusively to complete the outfits of the new collection by Tiziano Guardini, a designer who has made sustainability the distinctive feature of his ultra-original creations.

LANXESS India Private Limited, a subsidiary of leading global speciality chemicals company LANXESS, has continued its association with Teach For India, which promotes the need for quality education throughout the country.

The OEKO-TEX® Association has published the next round of findings from “The Key To Confidence: Consumers and Textile Sustainability—Attitudes, Changing Behaviors, and Outlooks” focused on millennials and parents.