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Search Results for: production potential

Canopy calls for investment to position India in alternative fibers market
Global non-profit Canopy has unveiled a significant opportunity for India to spearhead the global alternative fibre industry, urging a $13-15 billion investment to transform agricultural and textile
Galy Co. raises funds to scale lab-grown cotton
Boston-based agricultural startup Galy Co. has raised $33 million in an oversubscribed Series B funding round, led by Breakthrough Energy Ventures (BEV) with support from new investors H&M Group
Indorama Ventures forms joint venture for PET recycling facilities in India
Indorama Ventures Public Co. Ltd. (IVL), a global leader in sustainable chemical production, through its subsidiary IVL Dhunseri Petrochem Industries Ltd. and in partnership with Dhunseri Ventures
H&M Group, Rondo Energy partner to develop zero-carbon heat solutions
Swedish retail giant H&M Group has announced a new partnership and investment with zero-carbon heat and power provider Rondo Energy. Rondo claims its heat batteries can replace most fossil fuels
Marks & Spencer reverses ban on alpaca wool
Marks & Spencer (M&S) has reversed its decision to ban alpaca wool, potentially sparking conflict with animal rights advocates. Initially, M&S banned alpaca wool in 2020 after the animal
Spinnova, Luhta Sportswear release T-shirt with Spinnova fibres
Spinnova collaborates with Luhta Sportswear's Rukka brand to launch a new t-shirt made with SPINNOVA fibres. The shirt is composed of 29% wood-based SPINNOVA fibre, 68% cotton, and 3% elastane. This
Selenis partners with Circ to produce recycled PET chips
Polyester manufacturer Selenis has announced its successful production of recycled PET chips using terephthalic acid sourced from textile recycling specialist Circ. This innovative process
FibreTrace partners to enhance cotton traceability and integrity
FibreTrace has announced an innovative partnership with Target Corp. and Cargill to integrate luminescent pigments into raw cotton during the ginning process, creating a unique signature that can be
Far Eastern Group partners with Circ for textile-to-textile recycling
Drive Catalyst, the venture capital arm of Taiwanese conglomerate Far Eastern Group, one of the world’s largest producers of virgin and recycled polyester, is investing in US-based textile
TechnoSport to join bluesign® system partnership
TechnoSport, a leading sportswear company based in Tiruppur, India, has joined the bluesign® system partnership services, becoming the first brand in India to do so. The brand offers a wide range
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