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Raymond to invest Rs 350 cr in 2017
May 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.
Raymond launches India’s first branded khadi label
May 2017
What can be called as a formal ushering of the textile Khadi into corporatisation, Raymond has launched India’s first branded khadi label- ‘Khadi by Raymond’.
Arvind FY17 net profit falls
May 2017
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%
May 2017
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
May 2017
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
May 2017
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.
Global cotton meet in March 21-23, 2018
April 2017
The 34th International Cotton Conference Bremen will take place from March 21 to 23, 2018 at the impressive medieval Town Hall of the Hanseatic Town of Bremen, Germany.
Mayer & Cie. continues its series of successes in 2016
February 2017
The Albstadt-based circular knitting machine manufacturer Mayer & Cie. (MCT) can once again look back on an extraordinarily successful financial year. Mayer & Cie. has been able to record a substantial increase in sales of around 10 per cent for 2016.
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