MARKET & ECONOMY
The Swiss textile innovator HeiQ will launch a new product HeiQ Fresh NKU in its durable odour control HeiQ Fresh Tech technology family at Techtextil, which will be held from May 9-12 in Frankfurt.
The Haryana Government’s recently announced textile policy, which aims for integrated development of the textile industry, is expected to make the State competitive for investments in the sector, rating agency ICRA said.
Myanmar has made rapid strides and has emerged as the country with the most potential to emerge as a formidable player among garment-producing nations, says a study.
The textile industry is expected to have a uniform GST rate, says Union Textile Minister Smriti Irani. She disclosed during a recent conference and assured there would be neutrality in the rate.
Swiss companies Schoeller and Textil color have collaborated to create a new auxiliary concept used in polyester dyeing called ‘Ecodye’ technology, which is expected to accelerate the dyeing process and, in turn, cut costs and preserve environment.
Applied DNA Sciences Inc has announced the debut of its textile molecular tag technology, SigNature® T, in Bed Bath & Beyond® ’s1 Wamsutta® 2 line, featuring PimaCott® 3, is now available at locations nationwide and online.
Oerlikon has signed an agreement to acquire Scoperta Inc, an innovative solution provider in advanced materials development, based in California, USA.
The Woolmark Company is reinforcing its commitment to supporting emerging design talent by enhancing the prize money for the prestigious International Woolmark Prize.
With 62 exhibiting VDMA member companies, German Technology will be strongly represented at Techtextil Frankfurt at the beginning of May.