Tag: textile
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Spinnova Signs €1.5M Loan Deal With Yarn Spinner Tearfil
Finnish textile technology company Spinnova has signed a €1.5 million loan agreement with Tearfil, strengthening its involvement with the Portuguese yarn spinner as it...
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Lenzing Plans €300 Million Capital Increase to Strengthen Balance Sheet
Austrian fibre producer Lenzing AG is moving ahead with a €300 million capital increase aimed at reinforcing its financial position and supporting the implementation...
Articles
The Path to Nigeria’s Textile Industry Revival
Nigeria's textile industry, once among the most formidable on the African continent, has experienced a prolonged and painful decline over several decades. At its...
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ADB and Modern Syntex Limited Sign $50 Million Loan to Expand Polyester Chips Production in Bangladesh
The Asian Development Bank (ADB) and Modern Syntex Limited (MSL) have formally signed a $50 million loan agreement aimed at expanding MSL's energy-efficient polyester...
Articles
EU Circular Fashion Drives Pakistan Textile Industry Toward Recycling and Traceability Upgrades
The European Union's accelerating shift toward circular fashion is creating fresh pressure — and opportunity — for Pakistan's textile industry to upgrade its recycling...
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ITMF Start-up Award 2026 Winners Announced Ahead of Global Textile Conference in Brazil
ZÜRICH, Switzerland — September 21, 2026 — The International Textile Manufacturers Federation (ITMF) has announced the five winners of its prestigious ITMF Start-up Award...
Articles
How Engineered Military Textiles Are Redefining US Defense Readiness and Supply Chain Security
When policymakers sit down to discuss defense readiness, the conversation almost always moves toward semiconductors, rare earth magnets, and advanced optics. These materials dominate...
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