#Yarn & Fiber

2020-09-16

RadiciGroup bets on research and innovation: sets up Radici InNova consortium

RadiciGroup has announced the founding of Radici InNova, a non-profit consortium, to carry out the Group’s strategic aims of ensuring business continuity, improving corporate competitiveness and creating value for the community.

The new company’s R&D to focus on sustainable solutions by pooling the competencies of all RadiciGroup companies

The new company’s main object is the development of new research and innovation projects for the chemical, high performance polymers and advanced textile solutions sectors, in accordance with the RadiciGroup sustainability strategy. Indeed, Radici InNova renews and strengthens RadiciGroup’s commitment to a development model that balances economic profitability with environmental sustainability and social equity.

The new company will take advantage of and improve the synergies of the R&D activities that have long been carried on by the RadiciGroup Specialty Chemicals, High Performance Polymers and Advanced Textile Solutions Business Areas.

“The formation of Radici InNova represents an important milestone for the whole Group on its path towards innovation, which was started many years ago,” Angelo Radici, president of RadiciGroup, said. “In fact, during the years, innovation has been a key element that distinguishes us and enables us to expand into a variety of sectors and supply the market with competitive, cutting-edge products and solutions.

By sharing the know-how and the competencies of the various Group business areas, it will be possible to develop integrated advanced research projects, in accordance with our sustainability strategy and inspired by the principles of environmental protection and the circular economy, ensuring constant growth and a better future for generations to come."

By leveraging internal competencies and targeted relationships with third parties, Radici InNova will manage and coordinate all the Group’s strategically essential research activities, with the objective of strengthening the role of innovation as a driver of RadiciGroup development. Furthermore, the new company will actively foster the continual improvement of products and processes, while optimizing the use of resources and lowering the environmental impact of its activities.

RadiciGroup: 21st Sustainability Report published

RadiciGroup has published its 21st Sustainability Report, covering the year 2024, confirming more than two decades of transparency and measurement in the economic, environmental, and social dimensions. From its first Social Report in 2004 to the current reporting aligned with the GRI Universal Standards, the Group is now preparing for its next challenge: the adoption of the criteria that will be set out by the Corporate Sustainability Reporting Directive (CSRD).

Twenty years of Sustainability Report for RadiciGroup

The RadiciGroup Sustainability Report reaches an important milestone this year: twenty years have in fact passed since the Group published its first Social Report in 2004, qualifying it as one of the pioneering companies in the realisation of voluntary non-financial reporting. The document measures the Group’s achievements and the actions it has taken to reduce its environmental impact, respect social values, and implement good business management practices.

Durak Tekstil to showcase its innovations for mattress industry at ISPA EXPO 2026

Durak Tekstil threads that meet the standards required for high-quality, long-lasting and comfortable products demanded by the mattress industry, while also offering new possibilities, will be exhibited at ISPA EXPO 2026. The fact that the fair is being held in the U.S.—one of Durak Tekstil’s key target markets—also carries great significance.

B.I.G. Yarns achieves EcoVadis Platinum Rating, ranking among top 1% of companies worldwide

B.I.G. Yarns, the carpet yarn brand of B.I.G. and a leading manufacturer of polyamide (PA), polypropylene (PP) and polyester (PET) yarns for contract, automotive, and high-end residential applications, has been awarded the EcoVadis Platinum Medal, placing the company among the top 1% of more than 130.000 companies assessed globally.

Stability in volatile markets: Heimtextil 2026 launches with 3,000 exhibitors and design expertise from Patricia Urquiola

Heimtextil opens the new season with 3,000 exhibitors from 66 countries – maintaining stability while becoming even more international. The new hall layout increases visibility and connects supply and demand even more efficiently. At the opening, architect and designer Patricia Urquiola and Rosa Bertoli, Global Design Director of Wallpaper magazine, talk about AI, innovative materials and future-oriented design for modern living environments.

Advancing the future of stretch: Fashion for Good launches new project to validate bio-based and recycled elastane

Launched today, Stretching Circularity is a collaborative project initiated by Fashion for Good dedicated to accelerating the adoption of lower-impact elastane alternatives that are compatible with circular textile systems. By validating bio-based and recycled elastane solutions through pilot-scale testing and demonstrator garments, the initiative aims to remove one of the most significant technical barriers to a circular textile economy.

Huixing acquires insolvent Mayer & Cie.

Insolvency proceedings for the circular knitting and braiding machine manufacturer Mayer & Cie. were opened on December 1, 2025. Immediately following the opening of proceedings, the complete cessation of business operations was initiated. Most employees were subsequently given notice effective the end of February 2026. The production of the remaining orders in the circular knitting segment is expected to be completed by the end of the month. As early as December 2025, Mayer & Cie.’s braiding machine division was sold to an Italian investor.