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2020-04-08 10:33:59
Smart textiles to grow to US$24 billion by 2025
According to a new report, Smart Textiles Market - Forecasts from 2020 to 2025, the smart textiles market is expected to grow at a CAGR of 28.89% over the forecast period to reach a total market size
2020-03-27 10:21:53
Nike sales top expectations despite coronavirus
Nike Inc. topped Wall Street’s expectations for third-quarter earnings and revenue, despite the coronavirus pandemic that roiled China right as Lunar New Year kicked off. In a Nutshell:
2020-03-16 07:29:04
DOMO Chemicals to invest €12 Million in China
DOMO Chemicals, a producer of high-quality engineering materials for a diverse range of markets, has announced plans for a new state-of-the-art plant in Zhejiang, China. The new plant will be capable
2020-02-28 06:30:39
Oerlikon hosts annual technology symposium in India
For more than a decade now, the Manmade Fibers segment of the Swiss Oerlikon Group has been hosting a comprehensive technology symposium at the beginning of each year in the Indian region around
2020-02-28 06:22:57
US technical textiles expansion accelerated by Quantum
Quantum Materials (Quantum), a leading manufacturer of custom, advanced textiles, reports that it is accelerating its investments in new manufacturing equipment to meet increased demand for domestic
2020-02-26 08:53:04
Klättermusen's warehouse and logistics operations moved to Netherlands
Swedish mountaineering brand Klättermusen has moved its warehousing location from Borås, Sweden, to the Netherlands. The company has also signed a third-party logistics (3PL) agreement with DSV
2020-02-10 08:13:22
Anti-dumping duty on nylon opposed by Weavers
While the central government has abolished anti-dumping duty purified terephthalic acid (PTA) – a key raw material for yarn production—the powerloom weavers are upset with the Directorate General
2020-02-10 07:47:01
Unifi expecting more profits in future
The CEO of yarn manufacturer Unifi has forecasted a more balanced market for polyester textured yarn this year, following the setting of antidumping and countervailing duty rates by the US
2020-01-31 10:27:31
Nanollose partners to ascend microbial cellulose production
Australian textile innovator Nanollose has signed a collaborative agreement with Grasim Industries Ltd., of the Aditya Birla Group, to work on exclusively developing and scaling the former’s
2020-01-31 09:03:36
The Indian textile industry looks forward to new financial allocation in Union Budget
Indian textiles industry is expecting the Union Budget 2020-21 to be more focused with new financial allocations to strengthen the sector, especially the MSME segment. Union finance minister Nirmala
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