#Sustainability

2021-01-07

Indorama Ventures wins sustainable business awards Thailand moving towards creating a sustainable economy

Indorama Ventures Public Company Limited (IVL), a global sustainable chemical producer, has been recognized by the 'Sustainable Business Awards (SBA) 2019 Thailand' in seven categories by Global Initiatives, a global sustainable organization that is driving and supporting the business sector to achieve sustainability goals. The awards reflect IVL's commitment to being a leading corporation striving to create a sustainable economy.

The three awards that IVL won were for Climate Change, Supply Chain Management and UN Sustainable Development Goals. Moreover, IVL also received another four Special Recognition Awards in the categories of Strategy and Sustainability Management, Workforce, Water Management, and Waste and Material Productivity.

Yash Lohia, Chief Sustainability Officer at Indorama Ventures, said, "I am so proud and honored to have the company recognized in the 'Sustainable Business Awards' by Global Initiatives. The awards reaffirmed IVL's commitment towards sustainability. We operate with a clear sustainability strategy through the structures and processes deployed by our people at all levels. Our strategy drives through the three most essential pillars; People, Planet, and Prosperity. IVL focuses on long-term sustainability through recycling, contributing to the circular economy, reducing resource consumption and emissions, increasing renewable energy usage and developing human capital based on integrity and ethical principles, which correspond to our vision of becoming a world-class chemical company creating great products for society and driving a sustainable economy."

The Sustainable Business Awards has been recognized as a regional platform for promoting sustainability. Organized by Global Initiatives, a globally sustainable network, headquartered in Singapore.

The event is held annually in Singapore, Indonesia, Malaysia, and the Philippines to validate and recognize companies leading the way in sustainable business that have genuinely instilled sustainability into their long-term business strategies. For the first edition in Thailand, the event was organized by Global Initiatives and renowned partners including the Thailand Business Council for Sustainable Development (TBCSD), PwC Thailand, Thailand Environment Institute and Control Union Thailand, who are also responsible for the evaluation and winner selection process. The event saw participation by organizations from 20 countries worldwide.

Texprocess 2026: Automation, digitalisation and AI redefine textile processing

Making investment decisions in textile processing has become significantly more demanding. Increasing energy costs, a shortage of skilled labour and ongoing geopolitical uncertainties are compelling companies to focus on technologies that deliver clear gains in efficiency and process reliability. This applies equally to apparel manufacturing and to the processing of technical textiles and high-performance materials. As a result, modernisation initiatives are assessed more carefully – even as the need to upgrade production systems continues to intensify.

Techtextil 2026: Between innovation pressure & market reality

From 21 to 24 April 2026, Techtextil in Frankfurt am Main will once again become the central meeting point for the international technical textiles and nonwovens industry. Running in parallel, Texprocess will focus on the industrial implementation of textile processing technologies as the leading platform in this field. Together, the two trade fairs form a closely integrated presentation and working platform along the entire textile value chain – from material development to finished applications.

Between geopolitical pressure and industrial resilience

In this interview, Dr. Janpeter Horn (VDMA) discusses the current challenges facing textile machinery manufacturers, shaped by geopolitical tensions, regulatory developments and subdued investment. He also outlines why innovation strength, integrated solutions and strategic positioning remain key to global competitiveness.

Hohenstein publishes 2025 Sustainability Report

The testing and research service provider Hohenstein has published its latest sustainability report, outlining key progress and strategic initiatives. The report focuses on ambitious CO₂ reduction targets, the company’s new mission statement and the systematic expansion of sustainable services for customers worldwide.

Global Standard gGmbH launches second public consultation for GRTS Draft 2 for the textile industry (1–30 April 2026)

Global Standard gGmbH is pleased to announce the release of Draft 2 of the Global Responsible Textile Standard (GRTS) for its second public consultation. The consultation will be open from 1 April 2026 to 30 April 2026, inviting stakeholders across the textile and apparel value chain to provide input and contribute to the further development of this new Standard.

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.

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.

ECCO introduces first shoe featuring innovative protein-based fibre

ECCO, in partnership with Spinnova, announces the launch of the limited edition ECCO BIOM® 720, a first-of-its-kind shoe utilising an often overlooked leather by-product, transformed into a protein-based fibre. The fibres are produced using patented technology that advances material innovation while reducing waste and supporting full resource use across the leather and textile industry.