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In vibrant and volatile textile market conditions, doing business has in many ways proved to be quite challenging. But these buy-sell challenges can be faced by taking well informed decisions. And therefore we, at YnFx, strive to revolutionize the market information mechanism with reliable textile prices and market trend reports services which would assist you in your business decision making process.
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One Million Liters initiative has been launched today as part of the opening of KingPins Show in Amsterdam, which is one of the most important global events in denim. The campaign’s core mission is to raise awareness by showing how changing one part of the production or manufacturing process can speed up change towards a more sustainable textile industry.
Chemicals group BASF has reported revenues of €46.5 billion for the first nine months of 2019, a fall of 2% on the figure for the corresponding period last year. Its pre-tax earnings were down by substantially more, falling by 34% year on year to reach €3.7 billion. The group said it had had a “significantly lower contribution” from its materials segment, which brought in revenues of €8.8 billion over the nine-month period, a decline of 15%.
PrimaLoft and environmental organisation Parley for the Oceans have announced a strategic partnership that will take plastic intercepted from remote islands, beaches and coastal communities and use it to manufacture high-performance insulation products. PrimaLoft, a leading expert in advanced material technology, will be the first insulation provider in the textiles industry to partner with Parley to develop products from marine plastic waste. This represents another step forward for PrimaLoft in its efforts to be Relentlessly Responsible.