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Almeda Textile plans to boost revenue by 50pc to $30mn a year by 2018

Almeda Textile is the biggest textile manufacturing company in Ethiopia plans to upgrade factory equipment and training staff to increase…

9 years ago

Welspun to invest Rs 2,500 cr into modernization and expansion of textile facilities

Welspun India, Asia's largest and the 2nd largest Terry Towel producers in the World based in Mumbai, as part of…

9 years ago

Italian garment manufacturer Calzedonia set to make investment in Ethiopia

Calzedonia, an Italian garment manufacturer plans to make investments in Ethiopia as it sees ample investment opportunities and huge potential…

9 years ago

Ethiopian govt to sell all its shares in companies jointly owned begins with Saygin Dima Textile Factory

The Ethiopian government sells all of its shares in the Saygin Dima Textile Factory S.C. to its Turkish private sector…

10 years ago

Russian companies plan to establish large-scale production of technical textiles

BTK is not the only Russian company, which plans to establish large-scale production of technical textiles. Several days ago the…

10 years ago

China investing US$2 bn to set largest cotton spinning facility in Pakistan

China’s fifth largest textile company, Shandong Ruyi Technology Group is investing US$2 bn to set up the largest cotton spinning…

10 years ago

China’s new textile factory movement trend emerging as a threat

Italian textiles are attractive to Chinese interests not only because of the quality, but also because of a highly efficient…

10 years ago

Lenzing opens world’s largest lyocell facility in Thailand

Lenzing is pleased to announce the successful completion of its new lyocell plant in Thailand, which has a capacity of…

2 years ago

Spanish firm Pyratex raises EUR600,000

Spanish sustainable fabrics start-up, Pyratex, has raised EUR600,000 (US$680,086) in the second round of fundraising.

2 years ago

Outland Denim, a sustainably minded and socially conscious denim brand

Our recent interaction with James Bartle, Founder and CEO of Outland Denim, he shares insights about Outland’s sustainable denim manufacturing,…

2 years ago