Archive: March 2020


Supreme Nonwovens acquires Adient’s interior trim and NVH components business

Supreme Nonwovens Group, one of India’s largest and most diversified nonwovens groups, has through its majority-owned Thai subsidiary Supreme Feltol Thailand acquired the automotive interior...

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Adient sells Recaro Seating to investment firm

Automotive seating supplier Adient has sold its Recaro Automotive Seating business to Raven Acquisitions, a Detroit, Michigan, USA-based, privately owned investment corporation in a transaction...

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Ideal Automotive acquires Concorde Group

Concorde Group has been sold to Ideal Automotive, a German company that has more than 50 years’ experience in the market and international presence in...

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European trade shows postponed

Two major trade shows with relevance to the transport textiles industry have been postponed owing to concerns over the spread of coronavirus (COVID-19).

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Sustainable materials used in future Polestar interiors

Electric sportscar brand Polestar, which is jointly owned by Volvo and its parent company Geely, has announced it will make future models with sustainable materials.

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Bio-based resins for natural fibre composite daysailer

Sicomin has supplied bio-based resins for the Greenboats Flax 27, an 8.

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Cambodia stripped of some EU trade preferences

The EU will partially suspend Cambodia’s trade preferences because of systematic violations of human rights.

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Asia Pacific Rayon opens US$1.1bn viscose factory in Indonesia

Indonesian President Joko Widodo has inaugurated the country’s largest integrated viscose production facility.

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Myanmar clothing factories on brink of closure as coronavirus hampers raw material supply

Myanmar could be facing clothing factory shutdowns as the coronavirus epidemic hampers its raw materials supply, according to the Myanmar Garment Manufacturers Association.

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Philippine lawmaker urges agencies to collaborate to boost textile industry

A Philippine lawmaker has urged government agencies to work together to strengthen the country’s textile industry.

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Biotech company to set up factory in Thailand

Japanese biotechnology company Spiber is constructing its first commercial factory in Thailand, its first facility outside Japan.

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Vietnam urged to source raw materials from Malaysia and India

Vietnam’s textile industry has been urged to source raw materials from Malaysia and India while its main supplier China rides out the storm created by...

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Russian textile and clothing imports from China hit by coronavirus epidemic

Owing to the ongoing coronavirus epidemic in China, almost all Russian textile and clothing producers have begun to search for alternative partners that could replace...

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Hungarian wool industry seeks investment for processing facility

A tender worth €10m (US$10. 8m) is being offered by the Hungarian government to establish a wool processing facility, of which only €4m (US$4.

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Lithuanian producer is first to meet Greenpeace standards

Global environmental organisation Greenpeace has recognised SBA Group company Utenos Trikotazas as the first, and so far only, company in the world to work entirely...

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Estonian clothing company lays off more than 300 workers

Estonian clothing company Baltika Group has laid off more than 300 workers.

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