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2023-03-17 17:35:55
TreeToTextile invests €35 million to build its demo plant in Sweden
TreeToTextile, owned by H&M Group, Inter IKEA Group, Stora Enso, and LSCS Invest, invested €35 million in building a textile fiber process technology demonstration plant in Sweden. From 2016
2022-03-22 14:57:01
rePlant Hemp Advisors launches $500 million investment fund for hemp
The rePlant Hemp Impact Fund 1, LP (the "Fund") was formally launched for investing by rePlant Hemp Advisors, LLC. The Fund is focusing on bio-based innovation, a carbon-negative domestic supply
2021-05-05 08:55:07
Lenzing invests in China and Indonesian plants
The Lenzing Group is investing more than €200 million in its factories in Purwakarta in Indonesia and Nanjing in China, to turn existing standard viscose power into environmentally-friendly
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
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
2019-04-30 17:30:00
Plan to invest $1 billion in new value added textile projects
Encouraged by the government’s initiatives to help reduce the cost of energy for exporters, major Punjab-based textile groups on Friday announced that they plan to invest $1 billion in new
2018-07-18 10:27:00
Manufacturer of technical textile fibers plans to invest approximately $19.8 million
Firestone’s Kings Mountain facility has manufactured tire cord and similar products. Firestone Fibers & Textiles has ISO 9001 and ISO 14001 registered plants located in Kings Mountain and
2018-07-04 11:20:00
Joint venture between Lenzing and Duratex will investigate the construction of a 450,000 t DWP plant
Lenzing will hold 51% of the joint venture which will operate the mill, while Duratex’s share will be 49%. The estimated cash investment by the joint venture for the construction of the DWP
2018-01-17 16:01:00
Chinese firm to set up textile plant investing USD 220 mn in Ethiopia
Chinese firm Wuxi No. 1 Cotton Mill will be setting up textile plant which will lie on 40 hectares of land inside Dire Dawa Industrial Park (DDIP), eastern city in Ethiopia with an investment of USD
2017-11-17 12:00:00
Vlisco plans investment in the Nigerian cotton textile industry
Dutch textile and design company, Vlisco Group, foreseeing an end-to-end involvement in the Nigerian textile industry from cotton sourcing to retail held high-level discussion on Tuesday with the
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