Nayab Islam

India's ColorJet retains Platinum Sponsorship of ITMA 2023

India’s ColorJet retains Platinum Sponsorship of ITMA 2023

Color Jet Group, based in India, has agreed to serve as the event’s Platinum Sponsor. ITMA 2023 will take place at Fiera Milano in Milan, Italy, from June 8–14, 2023, and will include the largest gathering of textile and apparel machinery worldwide. The sponsorship was officially signed at a meeting that followed the exhibition site …

India’s ColorJet retains Platinum Sponsorship of ITMA 2023 Read More »

SUSTAINABLE WATER MANAGEMENT IN PAKISTAN’S TEXTILE INDUSTRY

Shahid Sattar and Noreen Akhtar Unsustainable industrial water consumption has become a massive environmental sustainability challenge. Discharge of untreated wastewater, lack of water-efficient technologies, and absence of recycling and reuse techniques are significant contributors to industrial water pollution. All industrial manufacturing operations and raw material production consume water extensively. Textile dyeing is considered the second …

SUSTAINABLE WATER MANAGEMENT IN PAKISTAN’S TEXTILE INDUSTRY Read More »

Bangladesh sees less FDI as clearance to start biz takes longer: BIDA

Bangladesh sees less FDI as clearance to start biz takes longer: BIDA

Lokman Hossain Miah, executive chairman of the Bangladesh Investment Development Authority (BIDA), recently stated that a committee headed by the prime minister’s principal secretary had been formed to investigate the issue. He claims that Bangladesh attracts less foreign direct investment (FDI) because it takes comparatively longer to start a business here than in rival countries. …

Bangladesh sees less FDI as clearance to start biz takes longer: BIDA Read More »

Austria's Lensing & NFW to offer sustainable leather alternatives

Austria’s Lensing & NFW to offer sustainable leather alternatives

The Natural Fiber Welding Corp (NFW) and Austrian company Lenzing have partnered to provide Tencel-branded fibres as another supporter choice for NFW’s unique plant-based technology, Mirum. The international leather expo, Linea Pelle, which runs from February 21–23 in Milan, Italy, will feature the Mirum x Tencel partnership for the first time. Mirum is a material …

Austria’s Lensing & NFW to offer sustainable leather alternatives Read More »

BARRIERS TO RENEWABLE ENERGY TRANSITION FOR PAKISTAN’S TEXTILE INDUSTRY

BARRIERS TO RENEWABLE ENERGY TRANSITION FOR PAKISTAN’S TEXTILE INDUSTRY

Energy sector is the largest GHG producer in Pakistan. It is estimated that the energy demand in the country will reach 108 – 126 million tons of oil equivalent (TOE) by 2030. With the growing unsustainable management of energy demand, Pakistan’s continuous reliance on imported fossil fuels and outdated coal technology has affected the country’s …

BARRIERS TO RENEWABLE ENERGY TRANSITION FOR PAKISTAN’S TEXTILE INDUSTRY Read More »

16% of US power generation forecast from renewable energy in '23

16% of US power generation forecast from renewable energy in ’23: EIA

According to the US Energy Information Administration’s Short-Term Energy Outlook, wind and solar energy will generate 16% of the nation’s total power in 2023, up from 14% in 2021 and 8% in 2018. (EIA). In 2023 and 2024, less electricity is anticipated to be produced by coal- and natural gas-fired power plants due to increased …

16% of US power generation forecast from renewable energy in ’23: EIA Read More »

Spain's growth projected to moderate from 5.2% in 2022 to 1.1% in 2023

Spain’s growth projected to moderate from 5.2% in 2022 to 1.1% in 2023

After recently concluding the Article IV consultation with Spain for 2022, the executive board of the International Monetary Fund (IMF) announced that economic growth in Spain is expected to moderate from 5.2% last year to 1.1% this year, reflecting the effects of high energy and food prices, tighter financial conditions, and weaker external demand. By …

Spain’s growth projected to moderate from 5.2% in 2022 to 1.1% in 2023 Read More »

The Global Recycled Standard (GRS)-certified Infinity series of eco-friendly worsted yarns are being introduced by the textile company Rifil Group, located in Romania, and is created using Regel, a recycled acrylic fiber from Thai Acrylic Fiber (TAF). In January of this year, the new high-performance yarn will be introduced during the Pitti Filati trade expo in Florence, Italy.

Romania’s Rifil launches Infinity Yarns with TAF’s Regel

The Global Recycled Standard (GRS)-certified Infinity series of eco-friendly worsted yarns are being introduced by the textile company Rifil Group, located in Romania, and is created using Regel, a recycled acrylic fiber from Thai Acrylic Fiber (TAF). In January of this year, the new high-performance yarn will be introduced during the Pitti Filati trade expo …

Romania’s Rifil launches Infinity Yarns with TAF’s Regel Read More »

"The global economy will see a higher growth than expected."

“The global economy will see a higher growth than expected.”

Expectations for the next six months have increased, and respondents are optimistic about international business in June 2023. Two crucial elements will improve the situation, according to textile makers. “First, the globe is currently in a much better energy condition with a very mild winter in Europe and energy costs in Europe and Asia (particularly …

“The global economy will see a higher growth than expected.” Read More »

Bangladesh & UK deepen trade ties for mutual growth & prosperity

Bangladesh & UK deepen trade ties for mutual growth & prosperity

To boost prosperity for both parties before and beyond Bangladesh’s graduation from the Least Developed Country (LDC) classification, Bangladesh and the United Kingdom (UK) have decided to strengthen their bilateral commercial cooperation. The two nations agreed at the second Bangladesh-UK trade and investment discussion in Dhaka on February 19, 2023. The two nations decided to …

Bangladesh & UK deepen trade ties for mutual growth & prosperity Read More »