Tag: manufacturing

Sritex Shuts: 11,000 Workers Lose Jobs in Indonesia

PT Sri Rejeki Isman Tbk (Sritex), one of Indonesia's largest textile and garment manufacturers, is facing significant financial struggles, leading to massive layoffs and...

Eroglu Launches $120M Garment Factory in SCZONE, Egypt

The Suez Canal Economic Zone (SCZONE) has successfully completed the first phase of the $120 million Eroglu Knitting Project, which will establish a fully...

Metsä Group begins pre-engineering for Kuura fibre mill

Metsä Group takes a big step forward in the development of Kuura and starts pre-engineering the first commercial Kuura textile fibre mill. Its purpose...

Textile Automation Market Projected to Hit $664M by 2029

The global textile automation market is forecasted to achieve significant growth, with projections indicating a rise of $664 million between 2025 and 2029, according...

ANDRITZ Airlay Line Recycles Glass Wool for Insulation

International technology group ANDRITZ supplied and recently commissioned a state-of-the-art neXline airlay system for Revibat, France. This innovative line, inaugurated at the beginning of February,...

Shein Offers Perks to Manufacturers to Move to Vietnam

Fast fashion giant Shein is offering temporary incentives to its Chinese manufacturers to relocate part of their production to Vietnam, as a response to...

Overstocking in Textile Industry: Causes & Solutions

The global textile industry is one of the largest contributors to the world economy, valued at over a trillion dollars annually. It encompasses a...

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