Tag: Textile

IAF, ITMF convention 2024 to focus on apparel, textile decarbonisation

Visitors to the ITMF and IAF Convention 2024 can expect to hear from insiders at Spanish retail group Inditex, manufacturer Epic Group and the International Finance Corporation (IFC). The event aims to focus on decarbonisation and showing how a collaborative approach can achieve much-needed progress in the industry. Other speakers will include representatives from the […]

India textile, apparel exports surge on innovation ahead of Gartex Texprocess

Apparel and textile trade show Gartex Texprocess India will be taking place from 1-3 August at Yashobhoomi (IICC), Dwarka, New Delhi. Anticipating a boost in the manufacturing sector, signing of the Free Trade Agreements (FTAs), the recent growth in the textile exports, bundled with the Indian government’s focus on making India a ‘global manufacturing hub’ […]

IFC backs Epic Group’s green textile push in Bangladesh, India

Under the terms of the deal between IFC and Epic Group, the debt financing package includes a $70 m sustainability-linked loan and a $30m green loan – IFC’s first green loan with sustainability-linked features in the manufacturing sector. The funding will support Epic Group’s expansion in Bangladesh, including upgrading its washing and wastewater treatment facilities, […]

Textile company sets sights on Kings Mountain with proposed 3 year incentive

A new textile company has its sights set on Kings Mountain, according to our news partner at the Shelby Star. MORE: Solar cell manufacturing facility passes procedural hurdle despite neighbors’ concerns City officials plan to hold a public meeting next month to discuss a new, possible economic development project. Matt Blackwell, a member of development […]

Artistic Milliners Backs Textile Recycling Project in Pakistan

Pakistan is a dumping ground for post-consumer textile waste. In 2021, the European Union exported $46 million of used clothing to the country, according to the Pakistan Institute of Development Economics. But, Pakistan has “huge potential” to recycle these used textiles. More from Sourcing Journal Textile waste management firm Reverse Resources and Pakistan’s National Textile University have joined forces on […]