31st Aug 2023
India's technical textile startups are buoyed by the new GREAT initiative. Industry experts believe that the scheme will fast-track growth and attract new entrepreneurs, meeting a longstanding demand for financial support in this sector. The ministry of textiles has also approved 26 engineering schools to introduce technical textile courses.
31st Aug 2023
Toray Industries, Nitto Seimo, and Maruha Nichiro Corporation's subsidiary Taiyo A&F are expanding their recycling programme aimed at resolving marine plastic pollution. The programme, initiated last November, involves recycling materials from fishing nets into new ones. The companies are now extending the programme to include used nylon fishing...
31st Aug 2023
Cionic's innovative bionic clothing, the Cionic Neural Sleeve, has received multiple awards at the 2023 International Design Excellence Awards (IDEA) by the Industrial Designers Society of America. The Neural Sleeve, designed in partnership with fuseproject, earned a gold award for Digital Interaction and a silver award for design in the medical and...
31st Aug 2023
Matic will display its latest innovations at the Advanced Textiles Expo from November 1 to 3 in Orlando. Matic's cutting-edge machinery and technologies for sun protection textiles, including cutting, welding, sewing, and packaging solutions, will be showcased. The expo will offer attendees the chance to experience these innovations firsthand.
31st Aug 2023
Tyndale Enterprises, a leading provider of arc-rated, flame-resistant (AR/FR) clothing, has successfully launched in the Canadian market to provide protective clothing programmes with a wide selection of AR/FR clothing for men and women. Tyndale's expertise in the field and commitment to quality underpins its expansion into the Canadian market.
29th Aug 2023
Ministry of textiles has introduced the GREAT Guidelines to boost technical textiles startups in India. Offering grants of up to ₹50 lakh for 18 months, the initiative covers various application areas from smart textiles to bio-degradable textiles. About ₹151.02 cr was approved for upgrading 26 academic institutes. QCO measures have also been put ...
29th Aug 2023
VPC Group has acquired United States-based Fibrix LLC, a leader in nonwoven materials for various industries including filtration and furniture. VPC, which operates its non-woven businesses under the Fybon brand in Canada, plans to unite these operations under the Fibrix name. The merger is set to enhance market competitiveness and growth.
29th Aug 2023
Ontex has introduced innovations in baby pants and adult pants segments, outperforming the disposable pants market in 2022 and maintaining double-digit sales growth in 2023. Baby pants' popularity is rising, driven by easier transition from diapers to regular underwear. Ontex's introduction of the Dreamshield back pocket also enhances leakage...
28th Aug 2023
German company Covestro's supervisory board has appointed Christian Baier as the new CFO, succeeding Dr Thomas Toepfer on October 1, 2023. Dr Markus Steilemann, the CEO, will serve as interim CFO in September after Toepfer leaves on August 31, 2023. Dr Thorsten Dreier will become the labour director alongside his role as CTO from September 1, 2023.