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LMW to modernise Kenyan mill
Coimbatore-based Lakshmi Machine Works (LMW) will modernise Kenya-based Rift Valley Textile Mills (Rivatex EA) to help it compete with its global counterparts.
Arvind showcases sustainable clothing collection
Arvind Limited has showcased its sustainable collection of clothing through a fashion show at the concluding day of ustainable Apparel Coalition (SAC) annual member meeting in Bangalore.
Raymond to invest Rs 350 cr in 2017
Raymond Limited, textile and apparel major, is planning to invest Rs 350 crore in capacity and retail expansion this year. This will help ramp up its apparel sale and grow the fabric business over the next few years, a senior company executive said.
Arvind FY17 net profit falls
Textile major Arvind Ltd has reported a 41 per cent decline in net profit for the year ended March from a year ago on the back of demonetisation and increase in cotton prices.
LANXESS’ global sales up 25%
Specialty chemicals company LANXESS projects the highest full year results in company history, following a very strong first quarter of 2017 and the successful closing of the acquisition of U.S. based company Chemtura.
Itema acquires Lamiflex and NoeCha
Itema finalised the agreements to acquire 61 per cent of shares in Lamiflex, leading supplier of technical composite products, and a minority stake in NoeCha, provider of high-tech, wide-format printing solutions.
Karl Mayer satisfied with JEC World
The JEC WORLD 2017 innovation platform ended on March 16 with many satisfied exhibitors – and KARL MAYER Technische Textilien was one of them. JEC WORLD 2017 was held from March 14-16, 2017 at Paris.
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