#Textiles & Apparel / Garment

2022-07-28

Esquel Group secures first Green Loan from Bank of China (Hong Kong)

Esquel Group (“Esquel” or the “Group”) secured its first Green Loan of USD88 million from Bank of China (Hong Kong) (“BOCHK”). The Group will be using proceeds from the Green Loan to finance or refinance capital expenditures on eligible sustainable projects that are a part of ongoing efforts to implement green initiatives at its campuses and generate positive environmental benefits. BOCHK acted as the green finance consultant for Esquel, working with the Hong Kong Quality Assurance Agency (HKQAA) to complete the formulation and certification of the green loan framework.

The loan proceeds will go towards refinancing Integral, Esquel’s Sustainable Development Garden in Guilin, as well as funding projects that will improve energy efficiency, wastewater treatment and pollution prevention at its manufacturing sites. Investments in energy efficiency projects will allow the Group to upgrade powerplant turbines and air compression technology, build high-efficiency solar panels on rooftops, refine steam collection processes for better heating, improve lighting panels, and more.

Esquel will also invest in further research and development for its flagship wastewater treatment plant in Foshan, one of the largest within the textile industry in China.

Andy Kwok, BOCHK’s Deputy General Manager said, “Esquel, a leading enterprise in the textile industry, has been keen to harness the latest technologies to achieve its goals of providing quality employment, green manufacturing and sustainable development. BOCHK is delighted to collaborate with Esquel on green loans to support its vision of net zero emissions.”

Wilkie Wong, Esquel’s Chief Financial Officer said, “As a family-owned private business, we have been persistently holding on our vision and mission on Green and Sustainability for a long time. And as a first step tapping into the green financial market this year, we are proud to secure a Green Loan from BOCHK and a Green Finance Certificate from HKQAA. Both achievements demonstrate our commitment to sustainable development. We want to thank BOCHK for their support, and we are delighted to work with such a forward-looking partner to encourage green financing. This loan will allow us to continually innovate more eco-friendly production processes to minimize our environmental impact, as we work towards our pledge to achieve Net Zero by 2050.”

Esquel Group adds two new extra-long staple cotton varieties approved

Esquel Group’s Xinjiang Research & Development Center has successfully developed two new Sea Island cotton (Extra-Long-Staple cotton, ELS cotton) varieties named “Yuan Loong 37” and “Yuan Loong 42,” which have been officially approved and granted registration numbers. Both varieties have also obtained Plant Variety Rights certificates, marking another significant breakthrough for the Group in cotton breeding and commercial application.

HKUST & Esquel unveil five-year study: Empowering students for sustainable innovation

The Hong Kong University of Science and Technology (“HKUST”) has partnered with Esquel Enterprises Limited (“Esquel Group”) to launch a five-year study program that allows HKUST students to conduct biannual field research at the textile manufacturer’s 500,000-square-meter Sustainable Development Garden Integral, recognized as one of China’s top 20 sustainable development projects by the United Nations.

Official approval granted for Esquel Group’s new Sea Island Cotton variety "Yuan Loong 30"

Esquel Group Xinjiang Research & Development Center has successfully developed a new self-bred Sea Island cotton (Extra-Long-Staple cotton, ELS cotton) variety named "Yuan Loong 30," which has been officially approved and designated by the 11th Main Crop Variety Assessment Committee of Xinjiang. With this addition, Esquel has now successfully bred and named a total of six Sea Island cotton varieties, including "Xinhai 33", "Xinhai 50", "Xinhai 55", "Xinhai 63", "Yuan Loong 17" and "Yuan Loong 30".

YKK launches “YZiP® Light” aluminum alloy zipper for cotton pants

YKK Corporation (Headquarters: Chiyoda-ku, Tokyo; President: Koichi Matsushima; hereafter, YKK) has launched YZiP® Light, a lightweight aluminum alloy zipper for cotton pants, with sales beginning in late March. The introduction of YZiP® Light expands YKK’s zipper portfolio—led by the flagship YZiP® copper alloy zipper—providing customers with greater flexibility to meet diverse garment needs.

Coats to showcase innovative reinforcement and filler materials for leather goods and accessories at APLF 2026

Coats, a world-class Tier 2 manufacturer and trusted partner for the apparel and footwear industries, will be promoting four advanced materials from its ‘Lifestyle Solutions’ portfolio at APLF 2026 in Hong Kong in March. Each innovation has been specifically engineered to help luxury and premium brands elevate the craft, durability, sustainability and creative expression required in the manufacturing of handbags, purses, and other high-end designer accessories.

Design, innovation and sustainability propel VIATT 2026’s expanding role in ASEAN textile sourcing

At its third edition, the Vietnam International Trade Fair for Apparel, Textiles, and Textile Technologies (VIATT) further reinforced its role as a key sourcing and business platform for ASEAN’s textile industry. The three-day fair welcomed over 17,000 visits from 54 countries and regions, and featured over 460 exhibitors from 21 countries and regions across 18,000 sqm. The 2026 edition was marked by the introduction of new international pavilions and zones, broadening the fair’s sourcing scope across new geographies and product categories. The fringe programme, headlined by the debut Trend Forum, further distinguished VIATT as the region’s most integrated textile trade platform – uniquely spanning the entire value chain.

Freudenberg Performance Materials presents Mehlerheytex and Filc at Techtextil 2026

Freudenberg Performance Materials will showcase textile innovations that increase efficiency, performance and sustainability in industry and mobility at Techtextil 2026. For the first time since the merger of Mehler Texnologies and Heytex, the MehlerHeytex brand will make its debut as a leading expert in coated technical textiles. Moreover, Freudenberg Performance Materials Filc (Filc), specialist for advanced needlepunch nonwovens and laminated materials, will present its groundbreaking solutions for automotive applications. Filc customers can benefit from the perfect combination of functionality, comfort and sustainability. The Freudenberg Performance Materials experts are looking forward to welcoming visitors to the trade fair at Stand A11 in Hall 11.0 from April 21 – 24, 2026.

Advanced Recycling Conference 2026 to showcase innovations – Call for abstracts

The call for abstracts is now open for the Advanced Recycling Conference (ARC) 2026, taking place on 17–18 November 2026 in Cologne, Germany, and online. Europe’s leading platform for advanced recycling brings together hands-on solutions and cutting-edge research on recycling technologies for various waste streams like plastics, polymers, textiles or automotive, highlighting progress towards a circular renewable carbon economy.

Fraunhofer IAP paves the way for "Green" carbon fibers

A new pilot plant in Guben is set to enable the production of bio-based carbon fibers. The plant is part of the Carbon Lab Factory Lausitz and will make an important contribution to the transformation of the Lausitz region—from a traditionally raw material- and basic industry-oriented region to a hub for innovative high-performance materials. The German federal government and the state of Brandenburg are providing the Fraunhofer Institute for Applied Polymer Research IAP with 53.3 million euros for this purpose.