ITME AFRICA 2020 – Initiating a technology revolution in Africa’s Textile Industry

TextileFuture is most pleased to let you have – as an exclusivity – the speech delivered by S. Hari Shankar, Chairman of ITME Society in the framework of ITMA 2019 in Barcelona, Spain. The ITME Society is organising ITME Africa 2020 in Addis Ababa for the first time ever. The following second item will go … More ITME AFRICA 2020 – Initiating a technology revolution in Africa’s Textile Industry

Less foreign orders for Italian textile machinery in the second quarter of 2019

Italian textile machinery orders, as elaborated by ACIMIT, the Association of Italian Textile Machinery Manufacturers, for the period from April to June 2019, fell by 19 % compared to the same period in 2018. The index orders value came in at 84 basis points (2015=100). Orders for Italian machinery manufacturers were negative in foreign markets, … More Less foreign orders for Italian textile machinery in the second quarter of 2019

IMF Executive Board initiates Selection Process for the next Managing Director

“The Executive Board of IMF, the International Monetary Fund announced on July 26, 2019 that it has adopted an open, merit-based, and transparent process for the selection of the next Managing Director, similar to the one used in recent rounds. It underscored the importance it places on the successful candidate having the requisite global standing … More IMF Executive Board initiates Selection Process for the next Managing Director

Forbo half year report

Currency-adjusted sales stable  –  EBIT margin improved again  –  Further increase in operating and Group profit Forbo Group – a leading manufacturer of floor coverings, building and construction adhesives, as well as power transmission and conveyor belt solutions – reported net sales of CHF 649.4 million in the first half of 2019 (prior-year period: CHF … More Forbo half year report

Lenzing Group successfully completes expansion of pulp production at the Lenzing site

Production capacities increased to 320000 tons p.a. Investments of EUR 60 mn enhance self-sufficiency and strengthen autonomy from market prices Project serves as a significant economic driver in the region  Lenzing AG, producer of pulp and fibres from the renewable raw material wood, has concluded its expansion and modernization drive at the pulp plant at … More Lenzing Group successfully completes expansion of pulp production at the Lenzing site