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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
2022-06-30 17:46:42
Evolved By Nature raises US$120m investment
Boston-based biotechnology company, Evolved By Nature, the business developing a library of Activated Silk molecules from natural silk protein, announced that it has closed $120 million in Series C
2022-06-30 07:55:59
Seaweed yarn maker Algiknit secures US$13m investment
Biomaterials company, AlgiKnit, which makes yarn from kelp seaweed, has announced that it has secured US$13 million in a Series A investment round and opening of its new manufacturing site in North
2022-03-31 11:17:56
EURATEX welcomes EU ambitions to act on sustainable textiles and investments
The European Commission (EC) has issued its long-awaited sustainable textile strategy, with the goal of moving the industry toward sustainability. The European Union's (EU) objectives to act on
2022-03-15 14:43:16
Polybion secures investment of US$4.4 million led by Blue Horizon
Polybion, the company growing premium, next-generation materials designed with nature and manufactured with biology, announced today that its world-first bacterial cellulose facility is scaling up
2022-02-22 09:11:14
Onloan fashion rental to put business on hold as founders seek investment
London-based fashion rental service Onloan, which launched pre-COVID-19 and traded throughout the lockdown, is to put its business on hold from the middle of next month The decision was made
2021-10-14 12:46:29
TrusTrace secures a $6 million series A investment
Stockholm-based Supply chain solutions provider TrusTrace, announced today a $6 million growth investment led by Industrifonden and Fairpoint Capital, with previous investors BackingMinds and with
2021-01-29 08:48:38
EU Commission to focus on recovery plans and sustainability investments
In a hard time dealing with the corona virus crisis, the European Commission has announced its new textile strategy in order to strengthen the sector. The new strategies aim to provide a new model
2019-10-31 08:37:42
BRI countries all set to procure investments in textile industry from China
China will step up efforts to boost investment in the textile industry in Belt and Road (B&R) countries, according to the China National Textile and Apparel Council (CNTAC). In recent years,
2018-12-19 18:04:00
$250 Million investment In Andalusia Fiber Manufacturing Facility
The project includes construction of new and expanded building assets and installation of substantial amounts of new manufacturing equipment. The changes will create even better efficiency,
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