Industry News

Date : 2019-08-26

Source: www.fibre2fashion.com

Ronak Rughani, chairman of Mumbai, said that the US-China trade war opened up an opportunity that would help the export of Indian man-made fiber textiles (MMF) to stagnate, increasing 5% to 7% of synthetic textiles and rayon in a year and a half. The Textile Export Promotion Council (SRTEPC) said at the unveiling ceremony of the 4th "Source India 2019" held in Mumbai yesterday.

According to Indian media reports, Textile Minister Smriti Irani said that India should now be a reliable source of quality MMF textile products.

Date : 2019-08-19

Source: www.fibre2fashion.com

Singapore-based RGE joins a group of investors including H&M Group, Virala and Fortum to help Infinited Fiber Company Oy (IFC) scale up its technology that turns textile waste and other pulp-based materials into new textile fibres. A strategic co-operation agreement was also signed between RGE and IFC to commercialise the start-up’s technology.

Date : 2019-08-12

Source: www.fibre2fashion.com

Russian technical textiles industry may receive an additional impetus for growth this year, thanks to the recently announced government plans to ease the existing restrictions on global producers taking part in public tenders for the purchase of innovative textile products for state needs.

Date : 2019-07-29

Source: www.fibre2fashion.com

Cambodia will hold its 8th Cambodia International Machinery Industry Fair and 8th Cambodia International Textile & Garment Industry Exhibition between August 22 and 25 at Koh Pich in Phnom Penh's Tonle Bassac commune. More than 280 booths have been reserved by 200 companies from 15 countries and regions to Showcase their products and solutions.

Date : 2019-07-22

Source: www.fibre2fashion.com

The development of a new industry tool called CircularID, which could greatly improve transparency and communication throughout the fashion supply chains, was recently backed by H&M, Target, PVH Corp, Microsoft and several other sustainable advertising organisation ahead of its launch in November. The tool Has Been designed to help re-commerce companies scale.

Date : 2019-07-15

Source: www.fibre2fashion.com

Bangladesh will face stiff competition in apparel exports to the European Union (EU) as its competitor Vietnam recently signed a free trade agreement (FTA) with the EU, according to Bangladesh Garments Manufacturers and Exporters Association (BGMEA) president Rubana Huq, who said almost 11 per cent of Vietnamese apparel exports to EU will get complete duty waiver.

Date : 2019-07-08

Source: www.fibre2fashion.com

The slew of positive announcements made by Union finance minister Nirmala Sitharaman in Budget 2019-20 will definitely help in inclusive development of the Indian economy and thereby the textile sector, the Confederation of Indian Textile Industry (CITI) has said. The Government is targeting to make India a $5 trillion economy in the next few years.

Date : 2019-07-02

Source: www.fibre2fashion.com

The 26th Hong Kong Fashion Week will focus on how technology is increasing becoming immersed into fashion design and fashion business processes. The four-day fair from July 8 will be an ideal one-stop marketing and sourcing platform for the industry, with exhibits featuring the Latest fashion designs, fashion accessories, fabrics and yarns.

Date : 2019-06-24

Source: www.fibre2fashion.com

Scientists at the Institute for Frontier Materials, Deakin University, have developed an efficient, low-cost method to convert waste denim into viscose-type fibres that are either white or the original colour of the garment. With rising clothing waste, the study is significant since the current processes for textile recycling are inefficient and expensive. 

The research, published in ACS Sustainable Chemistry & Engineering, was funded by the Australian Research Council Research Hub for Future Fibres. 

Date : 2019-06-17

Source: www.fibre2fashion.com

The fabric waste from garment production processes is sorted and converted to high quality raw fibre for yarn manufacturing. This raw material again Contributions to the circular economy for the fashion industry.