June 2024

Global Market for Textile Pigment Chemicals to Expand

According to research conducted by HTF Market Intelligence, the global textile pigment chemicals market is expected to increase between 2024 and 2030 at a compound annual growth rate (CAGR) of 5.41%. Textile Pigment Chemicals is expected to have a market size of US $14.08 billion at a projected compound annual growth rate (CAGR) of 5.419 …

Global Market for Textile Pigment Chemicals to Expand Read More »

Virgio demonstrates their commitment to sustainable fashion techniques by earning PETA Certification

Virgio, a green fashion business renowned for its eco-friendly methods, has declared that it has obtained the “PETA Approved Vegan” certification. People for the Ethical Treatment of Animals (PETA) is the largest animal rights organization in the world, with over 6.5 million members and supporters worldwide. Animal testing practices and the use of products originating …

Virgio demonstrates their commitment to sustainable fashion techniques by earning PETA Certification Read More »

US cotton organization requests that the 11% import tax on short-staple cotton be eliminated

The US agricultural trade group Cotton Council International has pushed for the removal of the 11% import duty on shorter staple cotton, defined as less than 32 mm. The import duty became effective in 2021. India imports a large amount of its cotton from the United States. CCI, a nonprofit organization devoted to agricultural trade, …

US cotton organization requests that the 11% import tax on short-staple cotton be eliminated Read More »

Ministry of Textiles reports that cotton consumption is at its second highest level in a decade

According to a news release from the Ministry of Textiles, the textile industry is using some of the most cotton it has used in a decade during the current marketing season, which runs from October 2023 to September 2024. The Committee on Cotton Production and Consumption (COCPC), led by Textile Commissioner Roop Rashi, met and …

Ministry of Textiles reports that cotton consumption is at its second highest level in a decade Read More »

ADB and Ananta Knitwear ink a US$40 million agreement for an environmentally friendly factory

A financing agreement worth US$40 million has been signed by Ananta Knitwear Limited (AKL) and the Asian Development Bank (ADB) to assist in the construction of a new knit fabric facility in Narshingdi, Bangladesh. As one of the nation’s leading exporters of ready-made clothing, AKL belongs to the Ananta Group. For the US $20 million …

ADB and Ananta Knitwear ink a US$40 million agreement for an environmentally friendly factory Read More »

EPR regulations are essential for tackling textile waste

The implementation of Extended Producer Responsibility (EPR) laws is crucial in mitigating textile waste, as it imposes liability on manufacturers for the complete product lifespan, encompassing end-of-life handling. A recent investigation by the Ellen MacArthur Foundation, a non-profit organization that promotes the circular economy, found that waste related to fashion and textiles is a major …

EPR regulations are essential for tackling textile waste Read More »

Covestro of Germany and Adnoc begin formal negotiations

The Board of Management of Covestro AG (“Covestro”), after consulting with the Supervisory Board, has decided to enter into formal negotiations with Abu Dhabi National Oil Company (“Adnoc”) regarding a potential transaction and the potential conclusion of an investment agreement. Additionally, the Board has decided to allow for an adequate exchange of company information to …

Covestro of Germany and Adnoc begin formal negotiations Read More »

UNECE starts a program to improve the traceability of the global apparel industry

The goal of the Community of Practice, which was formally introduced by the United Nations Economic Commission for Europe (UNECE), is to increase traceability and transparency in the apparel and footwear sectors. This statement follows a three-year challenge from UN Member States and the European Union to show that these practices are feasible in the …

UNECE starts a program to improve the traceability of the global apparel industry Read More »

European customers want more openness in the sourcing of fashion items

An extensive poll titled ‘Fashion from Sustainable Forests’ has revealed a strong demand from consumers in major European countries, such as the UK, France, Italy, and Spain, for increased accountability and transparency when it comes to fashion sourcing. The YouGov-conducted survey, which was commissioned by the forest certification organization PEFC International, highlights customers’ dedication to …

European customers want more openness in the sourcing of fashion items Read More »

Germany’s DITF & FILK use bio-based PBS to create synthetic leather

It is now feasible to create synthetic leather in which the coating polymer and the fiber material are the same thanks to an AiF initiative conducted in close collaboration with the Freiberg Institute (FILK) and the German Institutes of Textile and Fiber Research Denkendorf (DITF). The industrial recycling idea requires the varietal purity. A polymer …

Germany’s DITF & FILK use bio-based PBS to create synthetic leather Read More »