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2023-07-10 17:20:25
Sri Kannapiran Mills receives $2.5 million investment from the Good Fashion Fund
Sri Kannapiran Mills Limited (SKML), a leading Indian manufacturer of sustainable denim fabrics and cotton yarn, has received an investment from the Good Fashion Fund totaling $2.5 million, or Rs.
2023-05-02 11:41:55
Lenzing signs contract to purchase biomass plant
The Lenzing Group has signed a contract to acquire the 43 MW biomass power plant of Energie 42 Beteiligungs located in the Heiligenkreuz business park (Burgenland). Previously, the site was heavily
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
2022-12-06 09:53:00
Good Fashion Fund reveals results of its first investment
The Fashion for Good and Laudes Foundation's Good Fashion Fund, an initiative to promote environmentally friendly production methods for clothing, recently showed the results of its initial
2022-09-20 12:40:49
LVMH reveals plans to cut energy consumption by 10%
France-based luxury group, LVMH, has unveiled an energy-efficiency strategy that complements the French government's recent initiatives to encourage both individual and societal energy use. With
2022-09-13 18:08:05
Lenzing signs deal for solar power plant with Enery
The Lenzing Group, a global leader in the production of wood-based specialty fibers, has agreed to supply Enery and Energie Steiermark with electricity in order to fund the construction of a solar
2022-08-28 20:27:40
TAU announces 2 investments in textile dyeing technology
TAU Investment Management, LLC, a New York and Hong Kong-based company, announced agreements for two investments that will be made at the same time in extremely sustainable, waterless textile
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
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