Itema announced on September 19, 2019 that the company has signed the agreement for the taking over of Schoch Group.
Kasam Industries will be setting up Rs 100 crore textile manufacturing unit at Kakatiya Mega Textile Park in Warangal. The unit, which will comprise of spinning and yarn mills, may also have a dyeing unit.
Key players in the Indonesian textile sector have formally agreed to optimise locally sourced, sustainably produced rayon to drive the growth of the national textile industry, which is a core pillar of the country’s economy.
Researchers from IIT Kharagpur have developed a unique approach of generating electricity from clothes drying in natural ambience, which is otherwise a part and parcel of daily life, according to the premier institute.
Demand, trade war and global economic scenario are all playing its part in the weak cotton market.
At its site in Brilon, Germany, Bond-Laminates GmbH – a wholly owned subsidiary of speciality chemicals company LANXESS – has commissioned two new production lines for Tepex continuous-fibre-reinforced thermoplastic composites.
Indian Electrical & Electronics Manufacturers’ Association (IEEMA) – the apex association of the Indian electrical equipment manufacturing industry, has announced that R K Chugh has taken over the post of President, IEEMA for 2019-20.