Business

World's largest denim manufacturer Tavex installs Montex 6500 stenter in Mexican factory

Tavex Corporation, which recently acquired Mexican denim manufacturer Acotex, is upgrading its manufacturing facilities in Mexico to increase sales to the US market and has installed a new Monforts Montex 6500 stenter for the production of stretched denim.

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BASF today announced that it has acquired the polyamide (PA) polymer business of the Mazzaferro Group, Brazil. BASF is hereby further strengthening its position with regard to engineering plastics and polyamide polymers in South America. The companies have agreed not to disclose financial details of the transaction.

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Lectra is pleased to announce the launch of Versalis® Furniture. With this new range, furniture manufacturers can achieve record productivity by optimizing production cycles and maximizing the material savings, without compromising on the quality of cutting.

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TRÜTZSCHLER NONWOVENS, the leading provider of complete solutions for web and chemical fibre plants, completes its product portfolio by taking over the product range of Bastian Winder Technologies GmbH & Co. KG.

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The well-known enterprise Guangzhou Donghaipang Dyeing and Weaving Co. Ltd. (Donghaipang), established in 2001, is a sino-foreign joint venture company who engaged in the production of superior quality fabrics finishing treatment. The company adheres to the motto of high input and high standard management to lead an environmental friendly mode of production with low energy consumption and energy efficiency.

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BASF Venture Capital invests $5 million in China Environment Fund IV

BASF Venture Capital GmbH has participated with $5 million in the China Environment Fund (CEF) IV, L.P. Other investors include key development financial institutions, renowned family offices, strategic multinational corporations, and Fortune 500 companies. The China Environment Fund is a series of four funds and managed by Tsing Capital.

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Swisstex France with new name and new owner

At 3^rd of May the Reyes Group, an industrial company in mechanical and electrical engineering from France,announced that they had taken over all assets from the French Swisstex on 19th April and changed en passent the name of the new group member to VERDOL.

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SEL Group goes live with Datatex - ERP in less than 6 months

SEL Manufacturing Ltd, which has positioned itself as an established and leading vertically integrated multi product textile manufacturing conglomerate in India, has gone live on ERP in about five and half months time since initiation of the project.

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ANDRITZ GROUP: solid business development in the first quarter of 2012

International technology Group ANDRITZ saw a favorable business development during the first quarter of 2012.

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Hikes in raw materials prices hit US and EU textile and clothing import volumes

US and EU textile and clothing import prices rose sharply in 2011 reflecting hikes in raw material prices, according to Issue No 155 of Textile Outlook International from the global business information company Textiles Intelligence.

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