#Companies
Habasit acquires Charles Walker Ltd.
HABASIT ACQUIRES CHARLES WALKER LTD.
Habasit AG announced the acquisition of a majority of the equity of Charles Walker Holdings Limited of Bingley, Great Britain. Both parties have agree
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#Associations
BTMA backs global growth while investing in future UK leaders
As one of a number of new initiatives launched this year, the British Textile Machinery Association (BTMA) is launching the UK-India Textile Machinery Coalition. The UK-India Free Trade Agreement, signed in July 2025, has implications that extend across sourcing, competitiveness and long-term trade dynamics, believes BTMA CEO Jason Kent.
#Raw Materials
China projected to increase cotton production, yields, and imports in 2026/27
World cotton production in the 2026/27 season is projected at 25.9 million tonnes, exceeding global consumption of 25.2 million tonnes, according to the May 2026 issue of Cotton This Month. That means both production and consumption are expected to remain close to current season levels, while global cotton trade is projected to decline by 2.7% to approximately 9.6-9.7 million tonnes.
#Raw Materials
ICAC launches Carbon Credits Initiative to deliver new income streams to cotton farmers
The International Cotton Advisory Committee (ICAC) has announced a new initiative designed to unlock additional income streams for cotton farmers through participation in carbon credit markets, linking sustainable production practices directly to financial returns.
#Sustainability
Number of GOTS-certified facilities grow 15% globally as demand for credible sustainability standards continues to strengthen
Global Organic Textile Standard (GOTS) certification continued to grow in 2025, with nearly 18,000 certified facilities worldwide, despite ongoing geopolitical uncertainty and rapidly evolving regulatory requirements across global textile supply chains.
