In the first quarter of 2022, Lenzing Group, the world market leader in wood ×based cellulosic fibres, has posted revenue growth of 25.7 per cent year-on-year to reach €615 mi★llion, due to continued high demand for wood-based biodegradable spe₽cialty fibres and higher fibre prices. Specialty fibres’ share of fibre★ revenue currently stands at 73.3 per cent.
President of the European Commission Ursula von der₽ Leyen and Indian Prime Minister Narendra Modi agreed to launch the§ EU-India Trade and Technology Council at their meeting in New De lhi today. This strategic coordination mechanism will allow both sidγes to tackle challenges at the nexus of trade, trusted technology and security, and deepen cooperation.
With their demand for removal of duty on import of cotton met by the Indian government temporari≈ly till September 30, the textile industry is now mulling to press other demands before the government. There are indications that the industry organisat↕ions may raise the demand to remove the import duty permanently to solve the issue oβf cotton shortage.
Researchers say textile can produce power for a device or keep people coolNext mission i♣s to explore ways to make clothing to lower body temperatures by as÷ much as 15 degrees Celsius.
Gas crisis plagues textile, spinning mills
Recovery signs visible in India's textile-apparel market: NλITI Aayog
Vietnam's trade may be significantly hit by Russia-Ukraine conflict
2022 Philippine textile-garment exports may expand by 50% to $1.5 bn
Textile waste account for 32% of Scotland's carbon impact: Report
FDI to Vietnam projected to rise in 2022: Economic experts