textiles raw materials news

28th Jul 2022

Ashland posted sales of $644 million in the third quarter of 2022, up 19 per cent versus the prior-year period. Each of the company’s reportable segments achieved double-digit sales growth. The year-over-year sales growth was driven primarily by disciplined pricing leading to cost recovery in a high-inflation environment and improved product mix.

27th Jul 2022

The COSATU-affiliated SACTWU has now settled its 2022 wage negotiations with a seven per cent hike in the nonwoven textile sector. The agreement is part of a series of other wage settlements that the SACTWU has successfully achieved. The SACTWU had formally raised a dispute regarding wages for the nonwoven textile sector on June 17, 2022.

27th Jul 2022

Kimberly-Clark has recorded net sales of $5.1 billion in the second quarter of 2022, an increase of 7 per cent compared to the year-ago period. Changes in foreign currency exchange rates reduced sales 2 per cent. Organic sales increased 9 per cent as net selling prices rose 9 per cent, product mix increased sales 1 per cent and volumes declined 1 per...

27th Jul 2022

Multinational industrial conglomerate Dangote Industries Limited has announced that its $2 billion plant in Lagos, which has the potential to position Nigeria as one of Africa’s largest petrochemical hubs, is at an advanced stage of completion. The plant is anticipated to be the biggest single train greenfield petroleum refinery in the world.

25th Jul 2022

Swiss Precision, an Eco HealthTech apparel brand for the medical scrub, uniform, and accessories markets, has launched with its mission of disrupting the medical scrub, uniform and accessories markets with copper + natural patented materials that kill or slow the spread of microorganisms. The fabrics are lightweight, wash durable, and moisture wicking.

25th Jul 2022

Bioengineers at the University of Texas in the US have built a mattress and pillow system, which can trigger sleep by manipulating body temperature. As sleep is possible when body temperature lowers at night as part of the 24-hour rhythm, the new mattress stimulates the body to trigger feelings of sleep using heating and cooling functions.

25th Jul 2022

Furthering its commitment to its growing mattress business and the future of the home textiles market, Standard Fiber has announced that it has opened a new permanent showroom in Las Vegas. The 2,500 square foot space, which the company has been preparing ahead of Las Vegas Market that is currently underway, is located at the Las Vegas World Market.

25th Jul 2022

US’ Kindthread, a global company of trusted healthcare apparel brands, has announced a worldwide partnership in support of ALL IN: WellBeing First for Healthcare, a call to action by #FirstRespondersFirst and the Dr. Lorna Breen Heroes’ Foundation to support systems-level change and a cultural shift that prioritises the well-being of healthcare workers.

23rd Jul 2022

The net sales of Essity has increased 27.8 per cent to SEK 72,230 million (56,496) in the first half (H1) of fiscal 2022. Sales growth, including organic sales growth and acquisitions, amounted to 19.0 per cent. Organic sales growth, excluding exchange rate effects, acquisitions and divestments, was 16.3 per cent, of which volume accounted for 5.5 per...