#Textile chemistry

2025-11-13

Update on DyStar’s transition to full ownership of Zhejiang Longsheng Group

DyStar, a leading specialty chemical company with a heritage of more than a century in product development and innovation, wishes to provide an update on the progress of Share Purchase Agreement signed for the acquisition of 37.57% of the issued share capital of DyStar Global Holdings (Singapore) Pte Ltd.

1. Zhejiang Longsheng Group Co., Ltd. has paid a deposit of USD 3,482,739 into the escrow account and submitted the required filing documents to the National Development and Reform Commission and the Ministry of Commerce. As of this date, these filings remain pending.

2. On November 4, an extension of the final deadline was mutually agreed via email between Zhejiang Longsheng Group Co., Ltd. and the Receivers (appointed by Deloitte & Touche Financial Advisory Services Pte Ltd), extending the deadline to December 1, 2025.

3. An additional USD 5,112,156 deposit is required to be transferred to the escrow account within 10 working days following November 3, 2025.

4. A supplemental agreement will be carried out to formally document this extension.

Mr. Xu Yalin, Managing Director and President of DyStar Group, stated: “DyStar remains confident in Zhejiang Longsheng Group’s ability to advance the transaction and complete the necessary regulatory filings and approvals from government authorities.”

DyStar is committed to transparency and to ensuring accurate information is communicated to all stakeholders and interested parties in a timely manner.

TEXTILCOLOR AG launches strategic collaboration with Alpex, Majocchi, and Trans-Textil in the field of Pyroshell™ flame protection

TEXTILCOLOR AG, a leading provider of innovative solutions in textile chemistry, today announces the start of a strategic collaboration with Alpex Protection, Majocchi, and Trans-Textil. Starting November 1, 2025, the partners will jointly advance the flame-retardant finishing of textiles using the patented Pyroshell™ technology at production sites in Germany, France, and Italy.

The region of renewable raw materials: Central German Alliance for Bioplastics

The development of sustainable plastic solutions is rapidly gaining importance in light of global environ- mental pollution, dwindling fossil resources and ambitious climate protection targets. As part of the re- gional alliance RUBIO, which brings together 18 partners from central Germany and the Berlin-Branden- burg area, the bio-based and biodegradable plastic polybutylene succinate (PBS) was comprehensively investigated, starting with the raw material, through the manufacturing process, to industrial application.

YKK receives ISPO Textrends Awards for circular innovations

YKK Corporation (Headquarters: Chiyoda-ku, Tokyo; President: Koichi Matsushima; hereafter, YKK) is pleased to announce that the ISPO Textrends judges have selected YKK's 3D Composite Puller as the Best Product in the Accessories category. They also selected YKK’s NATULON Plus® Fiber Sourced™ zipper with Recycled PET Open Parts as a Top 5 item in the same category. The competition, held twice a year in conjunction with the ISPO trade show, recognizes the most innovative performance textiles, components, and apparel.

Global market overview: Carpets & Rugs strengthens the carpet industry with trends, expertise and an expanded portfolio

Heimtextil 2026 rolls out Carpets & Rugs more extensively than ever before: With a new structure and an expanded offering, the leading trade fair for home and contract textiles and textile design brings together leading suppliers and relevant product categories under one roof. For the first time, premium unique pieces round off the global range.

Cooperation in the field of meltblown laboratory technology

The Nonwoven Institute (NWI) at North Carolina State University and Oerlikon Nonwoven will be collaborating in the field of meltblown laboratory technology in the future. This was announced by Professor Raoul Farer, Executive Deputy Director of the NWI and Professor at the Wilson College of Textiles at North Carolina State University, and Dr. Ingo Mählmann, Sales Director Nonwoven at Oerlikon Neumag, during this year's ITMA Asia and CITME in Singapore.