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2023-01-30 16:57:24
Inditex donates €8.5 million to Caritas to support social employment
Spanish multinational clothing company, Inditex, will contribute €8.5 million to Caritas during the next three years, continuing the organization's job initiative for those in danger of social
2021-02-24 14:20:09
TreeToTextile invests €35 million for building demonstration plant for upscaling new sustainable textile fiber
For building a demonstration plant in Sweden for upscaling new sustainable textile fiber, TreeToTextile has invested €35 million. TreeToTextile is owned by Inter IKEA Group, Stora Enso, H&M
2020-02-21 08:16:38
Montefibre Carbon gets approval for €11.5 million
Montefibre Carbon is investing €16.2 million in its plant in Miranda de Ebro, Spain, €11.5 million of which will come from the Spanish Ministry of Industry, to produce polyacrylonitrile(PAN)
2019-05-03 21:00:00
Roughly USD 500 billion of barely worn clothing is discarded
Every second, the equivalent of a truckload of fabric is thrown into a landfill or burned, leaching chemicals (such as dye) or non-biodegradable synthetic fabrics (such as polyester) into the ground.
2017-06-05 15:00:00
Nigeria to set up $500m Katsina Textile, Garment Cluster
Katsina State Government has entered into agreement with BUA Group to facilitate 500 million dollars Katsina Textile and Garment Cluster that incorporates about 500 Small and Medium Enterprises
2015-04-02 16:15:00
Central Bank of Bangladesh to set up US$500 mn textile green fund
With an aim to bring benefit to the country's vertically integrated knitting mills that operate their own dyeing and finishing facilities, the Central Bank of Bangladesh will create a US$500 million
2015-01-04 11:00:00
Pakistan apparel sector along can generate $500m through exports if provided gas
The Pakistan government has allocated about 100 MMCFD gas to the entire export-oriented industry but now the spinners are being facilitated only. The Pakistan Readymade Garments Manufacturers and
2023-11-13 17:05:19
Lenzing advances sustainability goals with investment in renewable energy
Austrian fiber leader, Lenzing, is reinforcing its commitment to environmentally friendly energy by investing in a new wind farm. The collaboration with Austrian electricity producer WLK energy
2023-01-10 17:03:59
Origin Materials' secures $1.5 billion in funding
The Louisiana State Bond has authorized the issue of tax-exempt bonds worth up to $1.5 billion for the funding of Origin 2, Origin Materials' first industrial-scale production plant that would
2022-11-28 13:35:58
Solidaridad Asia and CRB to launch regenagri cotton alliance
The regenagri Cotton Coalition (rCA), an alliance of cotton stakeholders, will be established by Solidaridad Asia and the Centre for Responsible Business (CRB) to advance sustainable agricultural
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