Older News
Textiles & Apparel / Garment
2025-09-18
Toray Industries and MAS Holdings announce Joint Venture in Odisha, India
Toray Industries (H.K.) Ltd., has officially entered a joint venture with South Asia’s largest apparel manufacturer MAS Holdings, marking a unique opportunity to enhance the two companies’ supply chain capabilities and pursue product manufacturing within and for the fast-growing Indian market. The joint venture, operating under the name Toray MAS Apparel India, will see the establishment of a new manufacturing facility at the MAS Apparel Park Bhuinpur in Odisha, India, which is currently under development.
...moreYarn & Fiber
2025-09-11
AMSilk secures EUR 52M strategic financing to accelerate commercial growth
AMSilk GmbH (“AMSilk”), a frontrunner in advanced biomaterials made from silk-based proteins, today announced it has successfully secured EUR 52 million financing led by existing investor ATHOS (AT Newtec), along with strong participation from fellow existing investors MIG Capital and Novo Holdings. The financing combines EUR 30 million in equity, and EUR 22 million in convertible bonds. This reflects strong investor confidence and long-term commitment in AMSilk’s technology and market potential.
...moreYarn & Fiber
2025-08-28
Lenzing AG accelerates energy transition with expanded renewable energy portfolio
The Lenzing Group, a leading provider of regenerated cellulose fibers for the textile and nonwoven industries, is setting another milestone in the energy transition by expanding its photovoltaic capacities at its Lenzing site. Together with VERBUND, a new PV plant with a capacity of 1.3 megawatts peak (MWp) has been commissioned, increasing the total capacity of the PV plant park to 8.3 MWp. Lenzing is thereby investing in a stable and diversified energy supply and is also making an active contribution to the energy transition.
...moreNews Archive
Industry 4.0 / Digitalization
New alliance for high-performance drive technology
Recycling / Circular Economy
matterr welcomes BESTSELLER as new investor to scale polyester recycling
Nonwoven machines
SNC Kherib, Algeria, orders complete spunlace line from ANDRITZ
Textiles & Apparel / Garment
