#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.

A new standard to combat plastic waste in forests

With DIN SPEC 35808 “Tree Shelter for Forestry Applications,” the testing and research service provider Hohenstein, in collaboration with Rottenburg University of Forestry, as well as forestry authorities and industry partners, has established a clear framework for bio-based and fully biodegradable tree shelters. The pre-standard defines requirements and practical testing methods designed to reduce plastic waste in forests and strengthen the long-term protection of soil and the environment.

Denim moves towards sustainability

EIM (Environmental Impact Measurement), the global reference platform for measuring the environmental impact of garment finishing, presents the second edition of its annual report Denim Industry Progress & Insights 2025. The study analyses over 100,000 real denim finishing processes, providing an accurate and up-to-date view of the industry’s evolution towards more sustainable models.

Europe’s textile future at a turning point: New 2030 Circularity Blueprint aims to scale recycling and unlock investment opportunities

The EU textile system is at a critical crossroads. Today, less than 1% of discarded garments are recycled into new garments, despite EU-wide obligations for separate collection. In response, Global Fashion Agenda (GFA) is launching the 2030 Circularity Blueprint, in partnership with ReHubs. This ambitious initiative is designed to support the transformation of the EU textile ecosystem to advance textile-to-textile recycling and drive the transition to a circular economy.

STFI highlights textile circular economy and alternative fibres at INDEX™ 2026

From 19 to 22 May 2026, INDEX will invite visitors to Lake Geneva for the world's leading nonwovens trade fair. The Centre of Excellence in Nonwovens at the Sächsisches Textilforschung- sinstitut e.V. (STFI) will be in attendance to present the latest developments in nonwovens research. In the field of the textile circular economy, the STFI will present acoustically effective nonwovens made from chemical recycling residues. The range also includes innovations aimed at replacing conventional raw materials, such as the biobased and biodegradable polymer polybutylene succinate (PBS) and Kendyr as an alternative to cotton.

FET’s revolutionary gel spinning system wins Techtextil Innovation Award

FET has received the prestigious Techtextil Innovation Award 2026 in the New Production Technology category. The Techtextil Innovation Award honours outstanding ideas in textile technology, sustainability, AI and the creation of technical textiles, selected by an international jury of experts. Ranging from new materials to new production technologies, this award recognises progressive ideas that are driving forces for numerous industries, such as automotive, medical and construction.