Huntsman International India Pvt Ltd won the Procurement Excellence Award 2017. Huntsman was awarded this honour in the ‘Best Procurement Transformation’ category at the 5th Procurement Excellence Awards. The award celebrates excellence in best practices across the industry in the field of procurement.
Pegas a Czech textile company manufacturing polypropylene/polyethylene nonwoven textiles for the hygiene, industrial, construction, agricultural, medical and other specialized sector has signed a memorandum of understanding to acquire a new production line for its plant at Znojmo in the Czech Republic.
By signing this memorandum, they have reached an important milestone of the project that they have worked on intensively with Reicofil for the last two years with the objective of developing a new type of technology.
Hamrick Mills, a textile manufacturer in Gaffney as part of its expansion plan to make investment of $6 million in its facility to expand its production capabilities. Hamrick Mills produces top-quality greige woven fabrics for use in the home furnishings, industrial, apparel and support apparel markets.
Hamrick Mills CFO Charles Hamrick, said that their company strongly believes in investing in their community by being a good corporate citizen and also by encouraging civic involvement by their associates.
A global chemical producer, Indorama Ventures Public Co Ltd. (IVL), has entered negotiations to acquire DuraFiber Technologies México Operations, S. A. DE C. V. (DFT), a Mexican producer of durable technical textiles for industrial, tire reinforcement, and specialty applications globally.
Aloke Lohia, Indorama Ventures group CEO, said that the acquisition of DuraFiber is strongly aligned with their strategy of pursuing accretive growth opportunities in the high value-added automotive segment.
FESPA 2017, an innovation showcase for screen and digital printers to take place this May in Germany. Sun Chemical will demonstrate its capabilities and expertise within four zones: Digital Textiles, Graphics, Industrial, and Partnerships and Technology.
Nanowear is the leading developer of patented, textile-based nanosensor technology with applications in the cardiac, neurological, industrial, safety, government and sports medicine / performance diagnostics monitoring markets.
The company receives US FDA approval for remote cardiac monitoring undergarment, SimplECG-its first product. SimplECG collects continuous multi-channel ECG, heart rate and respiratory rate data from the garment and transfers it to a web-based portal for review by a physician, by way of a mobile application. The initial version of the product is iPhone-based.
Williamson-Dickie Manufacturing Company, a global work-wear maker originally an American based company has signed an exclusive licensing agreement with ID Overseas. This agreement authorises the use of Dickies’ brand portfolio in the design, manufacturing, marketing and sale of licensed products in India. Production and distribution in the region is expected to commence in January.
