Archive: 2015

Magna sells interiors business to Antolin

Magna International, North America’s largest automotive parts maker, has signed an agreement to sell substantially all of its interiors operations, excluding seating, to Spain’s Grupo...

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Faurecia forms joint venture with Dongfeng

France’s Faurecia has agreed to form a joint venture with Dongfeng Motor with the aim of generating annual sales of around €2bn in the medium...

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Optimistic forecast for aircraft seating demand

At the Passenger Experience Conference held ahead of last month’s Aircraft Interiors Expo in Hamburg, Germany, Gary Weissel of Tronos Aviation Consulting presented an optimistic...

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Global bus demand to reach 664,000 units in 2018

  Global demand for buses is projected to grow more than 5% per annum to 664,000 units in 2018, twice as fast as the 2008-2013 rate...

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Philippine textile sector getting back on track

Although considered a sunset industry, the Philippine textile sector is getting back on its feet, concluded industry stakeholders at a recent seminar.

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Central Java selected for textile factory relocation

Indonesia’s Ministry of Commerce through the Directorate General of Export Development has stated that several countries are thinking of relocating textile production to Central Java.

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National export strategy launched in Myanmar

Myanmar is to expand its textile and clothing industry under a new national export strategy as a means to boost economic growth.

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Dong Nai licenses US$600m fibre project in Vietnam

The Dong Nai Industrial Zones Authority has granted an investment licence to Turkey’s Hyosung Istanbul Tekstil to develop a US$600m fibre production project in the...

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Large textile complex starts construction in Uzbekistan

A Dutch firm named as Textile Cooperatief has started constructing a large textile complex in the Kashkadarya region of Uzbekistan, according to Uzbekyengilsanoat, which unites...

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Latvian textile production to decline by 25-30%

The volume of textile production in Latvia could decline by 25-30% this year compared with 2013, which may result in serious losses and the collapse...

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Russia’s Gloria Jeans fails to attract foreign investors

Gloria Jeans, Russia’s leading clothing retail company, will not sell its 25% stake to investors for US$250m owing to a deterioration of the business environment...

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New knitwear plant in Bulgaria

KNM Textile is investing €2. 1m (US$2.

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Freudenberg invests in headliner production line in China

Freudenberg & Vilene Nonwovens is investing in a new state-of-the-art production line for automotive headliners at its Suzhou facility in eastern China.

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Ink stain protection for aircraft interiors

Interiors supplier Tapis now offers the latest development of its Ultraleather technology: an enhanced ink and stain protection for aircraft seating applications.

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Suede-like fabrics to replace leather seat covers

Organised by IQPC, the 10th Innovative Seating Conference took place in Düsseldorf, Germany, at the end of February, with 120 participants.

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Techtextil to highlight the car interiors of the future

According to Commerzbank, the automotive market is the most important consumer of technical textiles, which are ensuring that cars are becoming increasingly lighter.

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