Tag: textile
Press Issues
Loop Industries’ India Joint Venture Reaches Agreement to Acquire Strategic Site in Gujarat, India, for Infinite Loop Manufacturing Facility
Agreement reached to acquire site in the Gujarat state in India with strategic access to textile waste for feedstock, renewable clean energy, industrial...
News
Trump Tariffs Adversely Affecting US Textile Industry
In a trade environment impacted by the previous administration’s tariff strategies, the U.S. textile industry is experiencing significant repercussions, according to industry leaders. President...
Apparel
50% Tariff to Hit India’s Home Textile & RMG Sectors: Crisil
The recent U.S. decision to impose a 25% tariff on imports from India is projected to have a substantial impact on earnings across sectors...
Press Issues
Eastman and Huafon Chemical to Establish Local Cellulose Acetate Yarn Manufacturing Facility in China
KINGSPORT, Tennessee — Eastman (NYSE: EMN) today announced a formal strategic partnership with Huafon Chemical to establish a joint facility to produce cellulose acetate yarn....
News
USDA Adjusts 2025-26 Global Cotton Forecast Downward
In its August 2025 World Agricultural Supply and Demand Estimates (WASDE) report, the United States Department of Agriculture (USDA) announced adjustments to the global...
News
India Initiates New Committees for Textile Diversification
India’s Minister of Textiles, Giriraj Singh, recently announced the establishment of four industry-led committees aimed at expediting recommendations on market diversification, fiscal and business...
Apparel
2025 US Tariffs Impact Clothing Prices Significantly: TBL
According to recent projections from The Budget Lab (TBL) at Yale University, the tariffs in place for 2025 are set to have a significant...
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