#Textiles & Apparel / Garment

2025-09-18

Toray Industries and MAS Holdings announce Joint Venture in Odisha, India

Toray Industries (H.K.) Ltd., has officially entered a joint venture with South Asia’s largest apparel manufacturer MAS Holdings, marking a unique opportunity to enhance the two companies’ supply chain capabilities and pursue product manufacturing within and for the fast-growing Indian market. The joint venture, operating under the name Toray MAS Apparel India, will see the establishment of a new manufacturing facility at the MAS Apparel Park Bhuinpur in Odisha, India, which is currently under development.

from left to right: Yasukochi Akira - Sales Director, Toray MAS Apparel India, Teruki Umeda - Managing Director, Toray MAS Apparel India, Teruo Funhashi - Managing Director, Toray Hong Kong, Malik Ahamadeen - CEO, MAS India, Suren Fernando - Group CEO, MAS Holdings, Shakthi Ranatunga - Chief Operating Officer, MAS Holdings, Rajitha Jayasuriya - Director, Corporate Affairs, MAS Holdings, Sid Amalean, Director – Innovation & Business Strategy, MAS Holdings, Surath Chandrasena, Finance Director, MAS Holdings. © 2025 Toray MAS Apparel India

The groundbreaking for the MAS Apparel Park took place earlier this year in March 2025, with operations expected to commence in early 2026. The new facility is aimed at catering to both current and potential customers in the region, supporting the growing demand for high-quality, innovative textile solutions.

The official signing ceremony for the partnership took place in June at the MAS Head Office in Colombo, with Teruo Funahashi, Managing Director of Toray Hong Kong, and Suren Fernando, Group Chief Executive Officer of MAS Holdings, representing the two organizations.

Commenting on the partnership, Teruo Funahashi, Managing Director of Toray Hong Kong, said “Toray MAS Apparel India will contribute to local employment and economic growth by manufacturing advanced, top-quality offerings. That company will serve as a garment stronghold in India for Toray and MAS Holdings, reinforcing their partnership by deploying strategies that capitalize on their capabilities”.

Suren Fernando, Group CEO of MAS Holdings stated "This joint venture marks a significant step forward in strengthening our global supply network and deepening our partnership with Toray Industries. The Odisha facility will play a key role in supporting our customers’ evolving needs, driving innovation and contributing to regional economic development. In today’s global economic landscape, strategic partnerships like this are key to enhancing our capabilities and continuing to deliver value-added solutions to our customers."

The collaboration builds on MAS Holdings' extensive apparel manufacturing expertise and Toray Industries' advanced material technologies, positioning Toray MAS to deliver innovative products to global brands while fostering economic growth and job creation in Odisha.

The operation being set up aims to advance sustainability by incorporating renewable energy solutions such as rooftop solar PV, energy-efficient technologies across operations, and advanced water and wastewater management systems. The facility is also being designed to ensure universal accessibility, integrating environmentally responsible practices in waste and chemical management, aligning its future operations with both environmental stewardship and social responsibility.

Toray and Honda start jointly validating chemical Nylon 6 recycling for automotive applications

Toray Industries, Inc., announced today it signed an agreement with Honda Motor Co., Ltd., to jointly develop a chemical recycling technology for glass-fiber reinforced nylon 6 parts recovered from end-of-life vehicles. The two have begun verifying this technology, which entails depolymerizing with subcritical water (see note) and regenerating the materials as caprolactam, a raw monomer.

Tunicotex Group boosts OTDP to 85%, cuts planning time by 25% & expands production capacity by 40%

Coats Digital is delighted to announce that following the implementation of FastReactPlan, leading Tunisian premium knitwear manufacturer, Tunicotex Group, has significantly improved its on-time delivery performance from 75% to 85%, reduced planning time by 25%, minimised delays and penalty costs, and unlocked 40% additional capacity to take on more customer orders and support sustained business growth.

The Technology Hub for global denim trends: ITM 2026

The ITM 2026 International Textile Machinery Exhibition, to be held at the Tüyap Fair and Congress Center in Istanbul from June 9–13, 2026, brings together groundbreaking technologies in denim production. From smart production systems to eco-friendly raw materials, from digital washing solutions to laser effect technologies, innovations that will shape the future of denim will be showcased for the first time at ITM 2026.

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.

Texworld Apparel Sourcing Paris unveils redesigned show layout for 2026

From February 2 to 4, 2026, Texworld Apparel Sourcing Paris will once again bring together all the key players in textiles and clothing at the Paris-Le Bourget Exhibition Center. For 3 days, visitors will discover, compare and select among 1,300 suppliers who will shape the collections of tomorrow, from ready-to-wear to luxury.

January 2026 marks Asahi Kasei’s restart of Bemberg production in restored sections of the Nobeoka facility

Beginning January 2026, production at the Asahi Kasei Nobeoka facility – Bemberg’s only production site – will gradually resume, marking a new chapter following the partial shutdown caused by the April 2022 incident. This progress is the result of significant investments and continuous work toreinforce safety measures, restore full operational capacity, and establish long- term stability.

Stefan Moll becomes new CEO of the machinery manufacturer

Starting January 1, 2026, Stefan Moll will take over the management of Mahlo GmbH + Co. KG, the world’s leading provider of measurement and control technology for web-shaped materials. With this move, Mahlo is focusing on the long-term safeguarding of its market position and technological leadership. The current CEO, Rainer Mestermann, will leave the company after 14 years as part of a planned succession arrangement.

Barmag's new texturing machine impresses the market

Since its premiere at ITMA Asia + CITME 2025, the eFK EvoSmart texturing machine has achieved impressive market success. The innovative technology is winning over yarn manufacturers worldwide who are committed to energy-efficient and economical production processes. A total of 84 machines has already been sold – including in China, Turkey, and Indonesia – a clear sign of the industry's confidence in this forward-looking solution.

Durak Tekstil enters 2026 with positive momentum, strengthens its global market focus

Durak Tekstil, maintaining its profitability and turnover levels in 2025 compared to the previous year, prioritizes growth through its export-oriented sales strategy. Increasing both its capacity and utilization rate, the company anticipates further gains in 2026 through expansion in global markets.