#Raw Materials

2017-06-01

The European Union (EU) is now a member of ICAC

The membership of the EU in the ICAC is of strategic significance to the world cotton industry and the 150 million people involved in cotton production, marketing and processing each season. Some of the most important trade and research institutions in the world of cotton are headquartered in the EU.

In the current season, the EU is the 11th largest producer and 6th largest exporter of cotton, and the EU is the largest market for textiles in the world. The European Union itself, and many individual countries and companies within the EU, are significant providers of cotton-specific development assistance in recipient countries.

Following the vote of the European Parliament on May 16, the Council of the European Union approved the accession of the EU to the ICAC on May 18, 2017, the final step needed to complete the accession process. H.E. Ambassador Pierre Clive Agius of Malta (Malta currently holding the rotating Presidency of the EU) formally presented the Instrument of Accession to Minister (Trade) Ali Tahir of the Embassy of Pakistan and ranking member of the ICAC Standing Committee on May 24, 2017.

The Standing Committee confirmed the membership of the EU at its 549th Meeting.

The European Commissioner for International Cooperation and Development, Neven Mimica, commented: "The EU's accession to the International Cotton Advisory Committee is an important step, coming only one month after we presented a set of focused actions to make value chains in the garment sector more sustainable. As a member, we will continue to work for a sustainable and inclusivecotton sector, ensuring decent jobs for all. Cotton is important both to the EU's economy and our development cooperation with cotton producing countries."

Global cotton consumption to exceed production in 2026/27 as Asian demand remains resilient

Global cotton consumption is projected to exceed production in the 2026/27 season as output declines across several major producing countries while demand remains relatively stable, according to the November edition of Cotton This Month, published by the International Cotton Advisory Committee (ICAC).

ICAC announces 84th Plenary Meeting in Egypt with focus on cotton industry resilience

Registration is now open for the International Cotton Advisory Committee’s 84th Plenary Meeting, which will take place from 24 to 26 March 2027 in Alexandria, Egypt. The conference will address climate resilience, technological developments, sustainability and competitiveness across the global cotton and textile value chain.

New Cotton Review examines competitiveness, market risk, and opportunities

From moving record volumes of Brazilian cotton to market, to managing price volatility, unlocking Ethiopia’s production potential, and strengthening African textile trade, the latest edition of Cotton: Review of the World Situation examines some of the most consequential opportunities and challenges facing the global cotton industry.

Kraig Labs ships first commercial spider silk yarn

Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“the Company”, “Kraig Labs”, or “Kraig’s”), a world leader in spider silk technology*, today announced the shipment of its first commercial order of recombinant spider silk yarn. The custom-engineered yarn was produced to fulfill a purchase commitment from a globally recognized performance sports brand and is slated for development into a first-of-its-kind performance textile.

ALLIED expands down traceability with lot-level carbon footprint data

ALLIED Feather + Down has expanded its TrackMyDown traceability platform to include validated cradle-to-gate carbon footprint data linked to individual down lots. The initiative is designed to provide brands and consumers with more detailed environmental information on the materials used in finished products and could also support future data requirements associated with Digital Product Passports.

ICAC’s 84th Plenary Meeting to be held March 24-26, 2027, in Alexandria, Egypt

Registration will soon be open for the International Cotton Advisory Committee’s 84th Plenary Meeting, to be held March 24-26, 2027, in Alexandria, Egypt. The local Organizing Committee in Egypt has chosen “Building a Resilient and Competitive Future for Cotton and Textiles” as the theme for the event, which will be held at the Rixos Montaza Alexandria Resort.

PFAS restrictions drive innovation in waterproof breathable fabrics

Innovation in waterproof breathable fabrics and apparel is being driven by legislation restricting the use of per- and polyfluoroalkyl substances (PFASs) as manufacturers develop alternative membranes and finishes for use in outdoor apparel, according to “Waterproof breathable fabrics: changing legislation is driving innovation”, a 50-page report from the global business information company Textiles Intelligence.