Friedrichshafen, Germany – Ms. Regina Brückner, Managing Associate of Brückner Trockentechnik, is the new chairperson of the VDMA Textile Machinery Association. The businesswoman from Leonberg was elected at the members’ meeting of the Association in Berlin.The new executive board is completed with Ms. Verena Thies, Thies Textilmaschinen, and Mr. Fritz P. Mayer, Karl Mayer Textilmaschinenfabrik, who […]Read More →
Switzerland/United States – Clariant and Huntsman Corporation jointly announced that they have mutually terminated their proposed merger of equals. The decision was unanimously approved by the Boards of Directors of Clariant and Huntsman.Read More →
Milan, Italy – The positive trend in textile machinery orders continues through to the third quarter of 2017. ACIMIT president Alessandro Zucchi states, “Growth for the Italian market is progressing, albeit following a more contained rhythm. The extended measures for Industry 4.0 will serve to keep this thrust going towards the digitization of the entire Italian […]Read More →
Abidjan, Côte d’Ivoire – The African Development Bank (AfDB) and its partners have launched a specialized training program for entrepreneurs and startups in the textile, apparel and accessories (TA&A) sector in Africa.Read More →
Final Report Intertextile Shanghai Apparel Fabrics 2017: Industry’s Leading Sourcing Platform Delivers Strong Business Results Once Again.
Shanghai, China – Three days of order placing, relationship building and trend-spotting concluded as another successful Intertextile Shanghai Apparel Fabrics wrapped up. Once again the global industry truly came together in Shanghai for the industry’s leading trade fair, with 4,538 exhibitors from 32 countries and regions (2016: 4,553, 29 countries and regions) presenting their latest […]Read More →
Frankfurt, Germany – The product range for furnishing and upholstery fabrics will be significantly expanded once again at Heimtextil 2018. The world’s leading trade fair for home and contract textiles has seen a strong increase in the number of high-quality suppliers of furnishing and upholstery fabrics in recent years.Read More →
Washington D.C, United States – World cotton production is projected to increase by 10% during 2017/18 reaching 25.4 million tons. Higher cotton prices during 2016/17 and better cotton price ratios to other competing crops during 2017 planting campaign resulted in expansion of cotton area by an estimated 3 million hectares to over 32 million hectares. During 2017/18 […]Read More →
Shanghai, China – The long-awaited Yarn Expo Autumn will be held again in Shanghai from 11 – 13 October, welcoming thousands of industry players who are looking for quality yarn and fibre products from China, Asia and elsewhere. As an effective and highly praised platform for reflecting the latest industry trends and attracting worldwide buyers, Yarn […]Read More →
Washington D.C., United States – Bangladesh’s economic growth remains resilient in spite of volatile export growth and shrinking remittances, according to a new World Bank report The Bangladesh Development Update September 2017.Read More →
Indorama Ventures Completes Acquisition of DuraFiber Technologies Bolstering its Position as the Leading Fiber Partner for the Automotive Industry.
Bangkok, Thailand – Indorama Ventures Public Company Limited (IVL), a global chemical producer, has completed the acquisition of DuraFiber Technologies México Operations, S. A. DE C. V. (Durafiber), a leading Mexican producer of durable technical textiles for industrial, tire reinforcement, and specialty applications globally.Read More →