[pageLogInLogOut]

#Textiles & Apparel / Garment

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.”



More News from Esquel Group.

#Raw Materials

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.

#Textiles & Apparel / Garment

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.

#Recycling / Circular Economy

Esquel and China Recycling Group sign strategic cooperation agreement

On April 23, 2025, Guangdong Esquel and China Recycling Group signed a strategic cooperation agreement in Wuxi, Jiangsu. The partnership aims to promote the recycling and reuse of waste textiles, supporting China’s carbon neutrality goals.

#Raw Materials

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".

More News on Textiles & Apparel / Garment

#Textiles & Apparel / Garment

Texhibition Istanbul signals stability and global connectivity

From 4 to 6 March 2026, Texhibition Istanbul once again brought together the international textile industry at the Istanbul Expo Center. Organized by İTKİB Fuarcılık A.Ş. in cooperation with the Istanbul Textile Exporters Association (İTHİB), the fair confirmed its role as one of the most important international sourcing platforms for fabrics and textile innovation. With 500+ exhibitors across 5 halls on 42,850 sqm, the trade fair attracted 19,325 visitors. Among them, 5.565 international visitors represented Europe, Asia, the Middle East, North Africa, North America, and other regions, underlining the show’s expanding global reach.

#Textiles & Apparel / Garment

Val:ue Milan unveiled – a curated boutique business hub for high-end apparel textiles

Messe Frankfurt continues to expand its international textile network with the announcement of Val:ue Milan. Moving beyond the traditional trade fair model, Val:ue Milan debuts as a prestigious, boutique-style business hub exclusively dedicated to elected fabrics and accessories for apparel. Taking place from February 3 to 5, 2027, at The Mall in Porta Nuova, the event breaks away from conventional formats through a strictly curated environment designed for strategic networking. By bridging the gap between high-end international manufacturers and top-tier segment buyers, Val:ue Milan further strengthens the Group’s global portfolio with a unique, high-impact concept built around a refined and carefully selected offering.

#Recycling / Circular Economy

Solving the Feedstock Gap: Unlocking Post-consumer Feedstocks for Textile-to-Textile Recycling in Europe

Fashion for Good launches Project FAE (Feedstock Activation Europe) to develop the sorting and pre-processing infrastructure needed to channel non-rewearable post-consumer textiles into textile-to-textile (T2T) recycling at scale. The project is a practical response to one of the most pressing problems in textile circularity: making post-consumer waste a viable, commercially competitive raw material for recyclers.

#Sustainability

Practical toolkit to drive coordinated climate action launched

An open-access workshop toolkit enables brands, suppliers, policymakers and investors across the textile industry to apply the System Map in their own work, identifying leverage points to halve emissions and enable a just transition.

Latest News

#Heimtextil 2027

Heimtextil celebrates Milan Design Week honoring partnerships with Patricia Urquiola and Alcova Milano

Heimtextil is represented at Milan Design Week with its strong design partners Patricia Urquiola and Alcova. At Villa Pestarini, the leading trade fair spotlighted its dynamic collaborations with acclaimed designer Patricia Urquiola and Alcova Milano.

#Texprocess 2026

Kornit Digital expands digital production into footwear and technical textiles with Presto MAX PLUS

Kornit Digital (NASDAQ: KRNT) (“Kornit” or the “Company”), a global pioneer in sustainable, on-demand digital fashion and textile production, today unveiled the Kornit Presto MAX PLUS, a new roll-to-roll system expanding digital manufacturing into footwear, automotive interiors, military camouflage, high-performance sportswear, and high-end furnishings. Debuting at Texprocess 2026 in Frankfurt, Presto MAX PLUS enables entirely new applications for on-demand textile production.

#Textile processing

NATULON® zipper series surpasses 50% of YKK’s global zipper sales

YKK Corporation (Headquarters: Chiyoda-ku, Tokyo; President: Koichi Matsushima; hereafter, YKK) announces that the global sales share of its NATULON® zipper series—zippers that incorporate recycled materials—has exceeded 50%.

#Smart Textiles

Covestro, FILK Freiberg, and OUT e.V. develop flexible, conductive polymer smart textile system

As the smart textiles market continues to grow across healthcare, personal protection, sportswear, and automotive applications, developers are seeking new ways to integrate electronic functionality directly into textiles, without the rigidity and complexity of conventional wiring. To address this challenge, FILK Freiberg Institute, an independent research institution with expertise in polymer coatings for textile applications, collaborated with Optotransmitter-Umweltschutz-Technologie (OUT) e.V. The joint project, funded under the German Industrielle Gemeinschaftsforschung (IGF) program of the Bundesministerium für Wirtschaft und Energie (BMWE), focused on developing flexible, conductive polymer surfaces for next-generation smart textiles.

TOP