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#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.

#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".

#Textiles & Apparel / Garment

Integral highlights sustainable innovation at GREENEXT EXPO

Integral, the sustainable development garden of Esquel Group, a leading global knowledge-based innovation company, participated in the prestigious “GREENEXT EXPO” in Shanghai, unveiling its innovative achievements in sustainable development. Coinciding with the 20th anniversary of the United Nations Global Compact (UNGC)’s advocacy of ESG principles, the event brought together industry leaders to explore the future of sustainable development and ESG practices.

More News on Textiles & Apparel / Garment

#Knitting & Hosiery

KARL MAYER opens a new TEXTILE INNOVATION CENTRE – a new era of textile innovation begins

KARL MAYER is opening its new TEXTILE INNOVATION CENTRE (TIC), sending a strong signal that it is driving textile innovation forward and opening up new perspectives for the textile industry. The TIC brings together the latest developments in Warp Knitting, Technical Textiles and Warp Preparation – KARL MAYER’s core areas of expertise.

#Exhibitions & Events

Yarn Expo Spring 2026 to spotlight synthetic yarn innovation and eco-friendly yarn and fibre trends

The global synthetic yarn market is projected to reach USD 287 billion by 2030, growing at a CAGR of 4% from 2024 to 2030[1]. This growth is driven by synthetic yarn’s dominant position in the global textile industry, supported by its cost-effectiveness and unmatched functional versatility across end-use sectors. Demand remains strong for sustainable and high-performance fibres for sportswear, medical textiles, and home furnishings, many of which will be on show at Yarn Expo Spring 2026.

#Exhibitions & Events

VIATT 2026 announces inaugural lifestyle Trend Forum: Unified vision for S/S 2027 across fashion, home, and tech

The Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies (VIATT) is set to host its first Trend Forum, offering a forward-looking, industry-wide perspective for Spring / Summer 2027. With the show scheduled from 26 – 28 February 2026 at the Saigon Exhibition and Convention Center (SECC), VIATT’s trend curators – NellyRodi™ Agency and MUSEATIVE – will provide comprehensive insights across the interconnected realms of Apparel Fabrics & Fashion, Home & Contract Textiles, and Technical Textiles & Technologies.

#Functional Fabrics

PERFORMANCE DAYS: Focus topic shifts to the beginning of the value chain

Following the last Focus Topic in October 2025, which placed Textile-to-Textile Recycling at its core, PERFORMANCE DAYS continues to drive the conversation around circularity – this time with an expanded and more upstream perspective. The upcoming Focus Topic, “Textile to Textile: The Role of Collectors and Sorters,” presented during the spring edition on March 18–19, will spotlight one of the most essential yet often overlooked components of a functioning circular textile system: the efficient collection and sorting of post-consumer textiles.

Latest News

#Digital Printing

Epson launches SureColor G9000: high-production Direct-To-Film printer delivering greater productivity and reliability

Epson today announces the launch of the SureColor G9000, a new high-production Direct-To-Film (DTFilm) printer designed to meet growing global demand for flexible and efficient textile transfer printing. Expanding Epson’s DTFilm line-up alongside the SC-G6000, the SC-G9000 introduces enhanced speed, reliability and ease of maintenance for commercial garment decorators and textile producers.

#Nonwoven machines

Three ANDRITZ spunlace lines start operating at Alar Silk Road New Materials in China

Alar Silk Road New Materials and ANDRITZ have successfully commissioned three spunlace lines in crosslapped configuration at Alar’s facility in Aral City, Xinjiang, China.

#Raw Materials

Better Cotton Initiative opens enrollment in the US with promising opportunities for producers

Producer enrollment for the US Program of the Better Cotton Initiative (BCI) is open until May 15 for the 2026-2027 season. With over 2,600 members spanning the cotton supply chain and more than 11,000 users of its Better Cotton Platform (BCP) as of 2025, BCI’s standard is implemented in 15 countries and covers one fifth of global cotton production.

#Knitting & Hosiery

SHIMA SEIKI to exhibit at GMMSA Expo India

Leading Japanese computerized flat knitting technologist SHIMA SEIKI MFG., LTD. of Wakayama, Japan, together with its Indian sales representative Universal MEP Projects & Engineering Services, Ltd., will participate in the upcoming Garments Machinery Manufacturers & Suppliers Association (GMMSA) Expo India 2026 exhibition to be held in Ludhiana, India next month. Through its lineup at GMMSA, SHIMA SEIKI aims to further strengthen its presence within the Indian market with an exhibit that caters to diverse needs, consisting of seam-free WHOLEGARMENT® knitting technology as well as a brand-new shaping machine with high productivity and excellent cost performance.

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