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Turkish Textile Companies Relocate to Egypt Amid Economic Crisis
Amid ongoing economic turmoil, Turkish textile companies are increasingly relocating to Egypt to avoid bankruptcy. As the industry grapples with financial instability, several manufacturers...
Lenzing Group Reports Further Improvement in Operating Result
Revenue up 4.8 percent year-on-year to EUR 1.31 bn in the first half of 2024
Performance program shows effect: EBITDA up 20.4 percent...
CARBIOS and FCC Environment Announce Joint Project to Establish UK-based PET Biorecycling Facility
CARBIOS, (Euronext Growth Paris: ALCRB), a pioneer in the development and industrialization of biological technologies to reinvent the life cycle of plastic and textiles,...
Aid by Trade Foundation Publishes Annual Report 2023: EUR 8.1 Million in Revenue to Increase Sustainability in Fibre and Textile Production
In 2023, the Aid by Trade Foundation (AbTF) was once again able to successfully strengthen the market position of its standards for sustainable cotton...
Syre raises $100 million Series A – Shortlists Vietnam and Iberia for First Gigascale Plants
Syre, the textile impact company initiated by Vargas and H&M Group which launched in March this year, today announces the signing of a $100...
Global Standard Partially Suspends Intertek Testing Services NA Inc. as a GOTS-Approved Certification Body
Based on the discovery of serious lapses at Intertek Testing Services NA Inc. (Intertek), a GOTS-approved Certification Body (CB), Global Standard GmbH management has...
UAE Textile Market Overview
The textile market in the United Arab Emirates (UAE) is a dynamic and significant sector of the country’s economy. Encompassing a wide range of...
CARBIOS and SASA Enter Discussions for License of 100k ton/year PET Biorecycling Facility in Turkey
CARBIOS, (Euronext Growth Paris: ALCRB), a pioneer in the development and industrialization of biological technologies to reinvent the life cycle of plastic and textiles,...
Saudi Arabia Adopts New Technical Regulations for Textile Products
On January 12, 2024, Saudi Arabia officially adopted a new edition of its Technical Regulations for Textile Products, superseding the previous regulations. These updated...
Coats Digital Named as Finalists in Nine Categories at The SaaS Awards 2024  
Coats Digital is delighted to announce that its industry leading fabric solution, FastReactFabric, has secured its place as a finalist in the prestigious The...
