Despite a persistently challenging market environment in the first half of 2026, characterized by volatile energy and raw material prices, subdued global consumer demand and intensified competition from Asia, the Lenzing Group significantly improved its financial performance. Net result after tax more than doubled to EUR 35.6 million, compared with EUR 15.2 million in the first half of 2025. Free cash flow increased to EUR 45.8 million, while EBITDA amounted to EUR 239.2 million. Revenue totaled EUR 1.27 billion, compared with EUR 1.34 billion in the previous year.
In a joint development project with other partners, Barmag and Object Carpet have successfully tested BICO BCF yarn in the carpet manufacturing process. The results show that this innovative yarn technology offers significant performance advantages and opens up new possibilities for recycling-oriented carpet constructions.
NatureWorks Asia Pacific Limited welcomed a high-level delegation led by Mr. Varawut Silpa-archa, Minister of Industry, to its manufacturing site at the Nakhon Sawan Biocomplex (NBC). The visit follows the successful inauguration of the site on April 29, 2026, and highlights the role of public-private collaboration in advancing Thailand’s sustainable industrial development and bioeconomy ambitions.
Sorona®, the partially bio-based polymer from Covation Biomaterials (CovationBio™), and global trend forecasting authority WGSN today release the material trends shaping the textile industry through 2027 and beyond following a comprehensive examination of bio-based functional fiber applications and global data.
From 20 to 24 November 2026, the textile machinery industry will gather in Shanghai for ITMA ASIA + CITME 2026, Asia’s leading business platform for textile machinery, to be held at the National Exhibition and Convention Center (Shanghai). The exhibition will occupy seven halls, with a total gross exhibition area of about 180,000 square metres. The exhibition has expanded by 10% over the last edition which reflects the continued industry interest in the region.
With the addition of another member to its successful RASCHELTRONIC® family, KARL MAYER is opening up new possibilities for creative product development for warp knitting mills and brands. The RJ 4/2 EL offers with two stitch-forming Jacquard bars entirely new design options for functional sportswear and bi-elastic lingerie. Available in gauges E 28 and E 32, this new model helps manufacturers set their collections apart from the competition. The fine E-32 gauges, in particular, impress with their clean surface, a pleasantly soft feel, and an exceptionally elegant look.
Based on the results of an extensive European analysis, the Erasmus+ project Skills4Circularity is currently developing three practice-based training modules covering recycling technologies, eco-design for the circular economy and sustainable manufacturing. This was preceded by a comprehensive company survey and a joint analysis conducted by the project partners under the leadership of IVGT. The results show that the greatest challenges lie not so much in a lack of technology as in skills gaps.
Usha Yarns Limited (“Usha Yarns”), a producer of high-quality recycled yarns with advanced, well established production processes, announced a growth equity investment from the Fullerton Carbon Action Fund (“Fullerton”), a private equity strategy managed by Fullerton Fund Management that backs established mid-market companies across Emerging Asia to accelerate decarbonisation.
