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Italian textile machinery manufacturers in Turkmenistan

From June 24 to 28, a delegation of Italian textile machinery manufacturers will be engaged in Turkmenistan for an institutional mission organized by ACIMIT, the Association of Italian Textile Machinery Manufacturers, and Italian Trade Agency. The delegation will have some institutional and commercial meetings scheduled in Ashgabat.

For the Italian textile machinery industry, the Turkmen market has high growth potential. Cotton is the third largest export product of the Country, and local authorities aim to develop a robust textile industry capable of processing the locally grown raw material. Significant investments in new equipment will be necessary for the success of this development program. To achieve this goal, the demand for textile machinery and technologies is rapidly increasing.

This is testified by the average annual growth rate of Turkmen textile machinery imports between 2009 and 2023 (+7.3%). Furthermore in 2024-2027 period forecasts by ACIMIT predict a further average annual increase of 5.5%.

Completion of Mosque for workers of Fashion Forum Limited

The Zebun Nessa Mosque, recently completed in Ashulia, Dhaka, is a shining example of the progressive initiatives being undertaken by the Bangladeshi garment industry. Fashion Forum Ltd., a company of IDS Group, spearheaded this project, demonstrating a strong commitment to enhancing the welfare and environment for its workers.

Bangladesh, renowned as the second-largest exporter of ready-made garments globally, is setting new benchmarks in workplace safety, worker welfare, and environmental sustainability. Mr. Idris Shakur, managing director of IDS Group, epitomizes the industry’s progressive outlook. He has dedicated the mosque to the workers of Fashion Forum Limited, naming it in honour of his late mother. The gesture is designed to foster compassion and unity within the industrial community.

Strategic partnership between drupa and PRINTING United

Messe Düsseldorf Group and PRINTING United Alliance, two important printing technology event organizers, announce a closer working relationship.

Starting in 2024, the partnership of the trade fairs drupa and PRINTING United Expo located in Europe and North America, respectively, will bolster the reach of each brand throughout the industry. Both organizations, with their customer-centric focus, will look to make all their events even more relevant and beneficial to both attendees and exhibitors in the ever-changing printing technology landscape.

PRINTING United Expo 2024 will be held in Las Vegas from September 10-12 at the Las Vegas Convention Center.

Stratasys: First Quarter 2024 Financial Results

Stratasys Ltd., a company in polymer 3D printing solutions, announced their financial results for the first quarter 2024.

First Quarter 2024 Financial Results Compared to First Quarter 2023:

Archroma at Denim Première Vision Milan and Denimsandjeans Vietnam

Archroma is bringing its new SUPER SYSTEMS+ concept and key denim innovations to Denim Première Vision Milan on June 5 and 6 and Denimsandjeans Vietnam on June 26 and 27.

From classic blue jeans to fashion-forward designs with fresh cuts, colors and finishes, denim remains one of the most popular fabrics worldwide. At the same time, the industry is beginning to question traditional production methods that use considerable water and energy and also have limitations in terms of the selection of chemicals and dyes that are clean and safe.

Archroma will demonstrate its solutions at Denim Première Vision Milan and Denimsandjeans Vietnam, including SUPER SYSTEMS+ for Denim. SUPER SYSTEMS+ are end-to-end systems developed by Archroma to allow brands and mills to make an impact by saving resources, delivering more durable apparel or adopting cleaner chemistries, or by choosing enhanced outcomes in all three areas at once. The suite encompasses wet processing solutions from sizing to finishing; durable colors and functional effects that add value; and cleaner chemistries that go beyond compliance to anticipate future restrictions.

Hygienix Innovation Award™: Nominations are open

INDA, the Association of the Nonwoven Fabrics Industry, has opened nominations for the Hygienix Innovation Award™. This Award recognizes a new product or technology in the absorbent hygiene, personal, pet, and wound care industries that expands the usage of nonwoven fabrics.

The Award will be presented at Hygienix™ 2024, Nov. 18-21 at the Renaissance Nashville Hotel in Nashville, Tennessee. Nominations will be accepted through Mon., Sept. 16th.

Nominees will be selected from a broad range of new products or technologies that have been commercially available at most two years prior to Hygienix 2024. Eligible categories include, but are not limited to: raw materials, roll goods, converting, packaging, active ingredients, binders, additives, and end-use products.

Three finalists will present their innovations to industry leaders at Hygienix Tues., Nov. 19th. The winner will be announced Thurs., Nov. 21st.

Solvay: Outcome of 2024 Shareholders’ Meeting

Solvay held its Ordinary General Shareholders’ Meeting in Brussels, and shareholders voted in favor of all the proposed resolutions.

Solvay shareholders showed support to all resolutions and more specifically:

  • The payment of a gross dividend of €2.43 per share for the year 2023. After deducting the interim dividend of €1.62 gross per share, paid on 17 January 2024, the balance amounts to €0.81 gross per share, payable from 5 June 2024.
  • The re-election of Ms. Aude Thibaut de Maisières as a board member for a four-year term.
  • The remuneration report.
  • The appointment of EY for the assurance of sustainability information related to the Corporate Sustainability Reporting Directive (CSRD)

KM.ON: AI-based QMS for warp knitting machines

KM.ON launches its new Quality Monitoring System (QMS) for the retrofit market at ITM from June 4 to 8 in Istanbul, presenting a solution for quality management on warp knitting machines.
For its performance in defect detection, the QMS uses the advances of our time: a camera system that captures images of the production process, and a specialized artificial intelligence (AI) to analyze the images. Particularly in terms of handling, reliability and precision of defect detection, the QMS from KM.ON offers advantages over conventional systems that do not rely on AI analysis.

The QMS is designed for easy setup and can be operated without prior expertise. If a defect causes the machine to come to a standstill, the operator is informed immediately via a user-friendly interface. The immediate warning enables rapid intervention and therefore less downtime and more productivity.

Wünsche Group: Shipping Visibility Enhancements with TradeBeyond’s platform

Wünsche Group, a global trading company, has announced enhancements to its supply chain operations through its ongoing partnership with TradeBeyond and adoption of the platform’s shipping visibility features. Before integrating TradeBeyond’s multi-enterprise supply chain platform in 2019, Wünsche Group faced challenges managing its complex supply chain, which spans more than 15 trading companies worldwide.

Building on its initial implementation, Wünsche is now deriving more value from TradeBeyond by implementing the platform’s advanced shipping visibility functionalities. Integrated with leading shipping information company Vizion, these enhancements offer comprehensive, real-time tracking of shipments from departure to arrival, covering all intermediary handling stages.

Mahlo at ITM

Mahlo will be showcasing its comprehensive portfolio of solutions with its partner Masters Limited at the upcoming ITM trade show, scheduled from 4th to 8th June in Istanbul.

The Turkish textile industry continues to experience growth and innovation, making events like ITM crucial for industry players to connect and explore advancements. Fabric distortion remains a common challenge in textile production, impacting product quality and efficiency. Additionally, sustainability and resource optimization are increasingly vital considerations for manufacturers aiming to maintain profitability.

Business

Study - Asia

Technical University Darmstadt conducts study

"India and China as procurement markets". A comparative study for the German textile industry

Textination members can request the results of the study under the keyword China-India by mail: news@textination.de.

Study - Austria

Bank Austria presents study on textile and clothing industry

In May 2017 the bank presented its industry report on the Austrian textile and clothing industry.

You can find the download link for the study in our newsline from 18 July 2017.

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