Textile industry

Navigating "Green Claims" Regulatory Change with Lenzing

Retrieved on: 
Thursday, March 21, 2024

LENZING, Austria, March 21, 2024 /PRNewswire/ -- Due to increasing concerns around climate change, consumers are constantly seeking ways to contribute positively.

Key Points: 
  • LENZING, Austria, March 21, 2024 /PRNewswire/ -- Due to increasing concerns around climate change, consumers are constantly seeking ways to contribute positively.
  • Lenzing Group, a leading global producer of wood-based specialty fibers, is committed to working with the textile value chain to navigate through the changing regulatory landscape and supporting consumers to make informed choices.
  • AT/016/001) in 2002, Lenzing continues to focus on enhancing its impact on the value chain, driving systematic change and advancing circularity.
  • Given the evolving consumer needs and regulatory landscapes, Harold underscored the importance for companies like Lenzing to stay abreast of changes and consumer behaviors.

Navigating "Green Claims" Regulatory Change with Lenzing

Retrieved on: 
Thursday, March 21, 2024

LENZING, Austria, March 21, 2024 /PRNewswire/ -- Due to increasing concerns around climate change, consumers are constantly seeking ways to contribute positively.

Key Points: 
  • LENZING, Austria, March 21, 2024 /PRNewswire/ -- Due to increasing concerns around climate change, consumers are constantly seeking ways to contribute positively.
  • Lenzing Group, a leading global producer of wood-based specialty fibers, is committed to working with the textile value chain to navigate through the changing regulatory landscape and supporting consumers to make informed choices.
  • AT/016/001) in 2002, Lenzing continues to focus on enhancing its impact on the value chain, driving systematic change and advancing circularity.
  • Given the evolving consumer needs and regulatory landscapes, Harold underscored the importance for companies like Lenzing to stay abreast of changes and consumer behaviors.

Thermore Introduces Freedom Stretch Insulation

Retrieved on: 
Tuesday, March 19, 2024

MILAN, March 19, 2024 /PRNewswire/ -- The Thermore group today announced the debut of its most dynamic stretch insulation in its five decades of innovation: Freedom.

Key Points: 
  • MILAN, March 19, 2024 /PRNewswire/ -- The Thermore group today announced the debut of its most dynamic stretch insulation in its five decades of innovation: Freedom.
  • Made from 50% post-consumer recycled polyester, this unique and compelling insulation offers ground-breaking stretch while providing warmth across a multitude of uses, including alpine sports, running, golf, commuter, fishing & hunting, cycling and a host of other active pursuits.
  • The new Freedom insulation adds a higher level of comfort and functionality than what was previously attainable in the stretch category.
  • The Freedom stretch is bluesign and GRS certified.

GK Global Announces Formation of New, Independent, Board of Directors; Unveils Intent to Establish Purpose-Driven Global Business Strategies

Retrieved on: 
Thursday, March 14, 2024

"Our Board will provide meaningful governance oversight and guidance to the executive team, playing an essential role in shaping the Company's direction and business performance.

Key Points: 
  • "Our Board will provide meaningful governance oversight and guidance to the executive team, playing an essential role in shaping the Company's direction and business performance.
  • We've assembled a group of directors who embody the best in industry expertise, financial acumen, governance knowledge, ethical conduct and visionary strategy.
  • GK's launch of a new business strategy is intended to position the Company as a purpose-driven global enterprise, further elevating and optimizing GK's business and sustainability activities.
  • Ashraf Amdani - Director: With a reputation for integrity and excellence, his contributions will enhance the overall governance and success of GK Global.

FyberX and GreenKey Enter into an Exclusive Licensing Agreement

Retrieved on: 
Thursday, March 7, 2024

DANVILLE, Va., March 7, 2024 /PRNewswire-PRWeb/ -- FyberX, an advanced biomaterials sciences company, is honored to announce that GreenKey, a technology company focused on converting agricultural waste and marine biomass into sustainable cellulose pulp and biomass extractions, has entered into an exclusive licensing agreement for textiles and footwear. FyberX is executing its strategy to bring disruptive, innovative processing technology into the production of natural fibers and advanced cellulosics.

Key Points: 
  • FyberX, an advanced biomaterials sciences company, is honored to announce that GreenKey, a technology company focused on converting agricultural waste and marine biomass into sustainable cellulose pulp and biomass extractions, has entered into an exclusive licensing agreement for textiles and footwear.
  • DANVILLE, Va., March 7, 2024 /PRNewswire-PRWeb/ -- FyberX , an advanced biomaterials sciences company, is honored to announce that GreenKey, a technology company focused on converting agricultural waste and marine biomass into sustainable cellulose pulp and biomass extractions, has entered into an exclusive licensing agreement for textiles and footwear.
  • FyberX is executing its strategy to bring disruptive, innovative processing technology into the production of natural fibers and advanced cellulosics.
  • Ben Young, FyberX founder & CEO, said, "We are so excited to work with GreenKey to tackle the global environmental challenges of the textile industry.

Ambercycle's Circular Polyester On Par With Virgin Materials, Sets New Standard for Recycled Textiles

Retrieved on: 
Tuesday, February 13, 2024

LOS ANGELES, Feb. 13, 2024 /PRNewswire/ -- cycora®, a revolutionary regenerated material, meets the spinnability standards of virgin materials and outperforms other recycled materials, according to the European Center for Innovative Textiles (CETI), a leading research center equipped with advanced melt spinning technology. The independent assessment underscores cycora® material's potential to transform fashion by offering a circular alternative that does not compromise on product integrity and excellence.

Key Points: 
  • Leading research center in textiles, European Center for Innovative Textiles (CETI) in France, confirms that circular material cycora® is on par with virgin materials, exceeds quality standards of recycled materials.
  • Leading textile research center, confirms circular material, cycora® exceeds quality standards of recycled materials.
  • Introduced in 2021 by Ambercycle, a trailblazer in material science, cycora® uses end-of-life textiles as feedstock for new high-performance circular polyester.
  • cycora® material is a noteworthy contributor to the industry and is establishing a new standard for recycled materials."

UNIFI®, Makers of REPREVE®, Announces Profitability Improvement Plan and Leadership Promotions

Retrieved on: 
Wednesday, January 31, 2024

Additionally, the transformation of our sales processes will serve as a direct catalyst to improve gross margins and operational efficiencies.

Key Points: 
  • Additionally, the transformation of our sales processes will serve as a direct catalyst to improve gross margins and operational efficiencies.
  • Collectively these actions will better prepare the business to deliver stronger results as our industry pivots to growth in calendar 2024.
  • The Board and I are thrilled to complete the leadership appointments and promotions, as they will make strong impacts on their respective teams and help drive the future growth of our Company.”
    UNIFI began the implementation of an extensive Profitability Improvement Plan in December 2023.
  • The second part of the Profitability Improvement Plan is focused on gross margin expansion initiatives through a transformation of the Company’s sales process.

China Textile Information Center: ITMF 2023 Annual Conference & The 6th World Textile Merchandising Conference held in Keqiao, Shaoxing, China

Retrieved on: 
Thursday, November 23, 2023

Chaoyang, Beijing, China, Nov. 23, 2023 (GLOBE NEWSWIRE) -- In November, the International Textile Manufacturers Federation (ITMF) 2023 Annual Conference and the 6th World Textile Merchandising Conference themed on “Investing in a Greener and Circular Textile Industry” was held in Keqiao, Shaoxing, Zhejiang Province, located in the eastern China.

Key Points: 
  • Chaoyang, Beijing, China, Nov. 23, 2023 (GLOBE NEWSWIRE) -- In November, the International Textile Manufacturers Federation (ITMF) 2023 Annual Conference and the 6th World Textile Merchandising Conference themed on “Investing in a Greener and Circular Textile Industry” was held in Keqiao, Shaoxing, Zhejiang Province, located in the eastern China.
  • These two high-end international events are jointly organized for the first time to promote the world textile industry to establish an open and cooperative, mutually beneficial, and win-win global textile supply chain system.
  • The World Textile Merchandising Conference consists of a theme forum and 10 parallel forums.
  • Sun Ruizhe, Chairman of the International Textile Manufacturers Federation and President of the China National Textile and Apparel Council introduced the exploration and achievements of China’s textile industry in recent years.

Global Technical Textiles Business Report 2023: Market to Surpass $275 Billion by 2030 - New & Emerging Applications Bolster Market Prospects - ResearchAndMarkets.com

Retrieved on: 
Friday, December 8, 2023

The "Technical Textiles - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Technical Textiles - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
  • The report provides an introduction to technical textiles and discusses the current market scenario and outlook for this segment within the global textile industry.
  • The report also examines the world textile industry by segment, including sales percentages for apparel, home textiles, and technical textiles.
  • The role of evolving production technologies in enhancing the importance of technical textiles is mentioned, along with a brief overview of technical textiles production processes.

Ault Alliance Announces that Its Indirect Subsidiary, MTIX, Ltd. Provides Substantial Cost Savings and Environmental Benefits From Using Its Proprietary MLSE Process

Retrieved on: 
Thursday, November 30, 2023

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), announced today that MTIX Ltd. (“MTIX”), a wholly owned subsidiary of the Company’s majority owned subsidiary, Avalanche International Corp., has achieved substantial cost savings and environmental benefits with a digital scouring process algorithm associated with its license with PANGAIA.

Key Points: 
  • Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), announced today that MTIX Ltd. (“MTIX”), a wholly owned subsidiary of the Company’s majority owned subsidiary, Avalanche International Corp., has achieved substantial cost savings and environmental benefits with a digital scouring process algorithm associated with its license with PANGAIA.
  • This innovative approach aims to save water and energy as well as process chemicals efficiently.
  • RDD Textiles is showcasing this fabric along with its other innovations at ISPO 2023 in Munich, Germany this week Booth #C1.327.
  • Phil Mansour, the CEO of MTIX, stated, “We are pleased at the results of the combined efforts of our teams.