Polyester fabrics are hugely popular and practical that continue to find new uses and new markets. After long dominating the technical textile industry, it is rapidly taking over the modern fashion, sportswear and furnishings sectors thanks to its durability, crease-resistance and outstanding quick-drying properties, as well as its cost-competitiveness against cotton. Currently, there…
For a long time, there was a clear trade-off between sustainability and profitability, but that is no longer the case. Innovative new technologies, products and processes are balancing the equation in favor of environment-friendly business practices. Textile brands and mills now recognize that there are rewards, such as cost savings by conserving energy,…
Consumers, investors and regulators now expect apparel and textile brands and retailers to set and meet bold sustainability targets. This requires bold change at the mill level. But how can mills do what’s needed while also improving performance and profitability? Archroma Textile Effects’ longstanding Productivity Improvement Program (PIP) and Sustainability Improvement…
THE WOODLANDS, Texas, Feb. 15, 2023 /PRNewswire/ — Huntsman Corporation (NYSE: HUN) announced today that it has secured all regulatory approvals required to complete the sale of its Textile Effects division to Archroma, a portfolio company of SK Capital Partners. Both parties expect the transaction to close on February 28, 2023. The agreed purchase price…
By: Anish Paliwal - November 14, 2022 The colors of nature, like sand, beige, brown, olive, khaki and grey, have been increasingly popular for apparel and home furnishings for several years now. These wholesome shades are expected to remain a key trend as they reflect growing appreciation of the natural world and people’s desire to feel…
By: Anish Paliwal - November 14, 2022 The colors of nature, like sand, beige, brown, olive, khaki and grey, have been increasingly popular for apparel and home furnishings for several years now. These wholesome shades are expected to remain a key trend as they reflect growing appreciation of the natural world and people’s desire to feel…
By: Anish Paliwal - November 14, 2022 The colors of nature, like sand, beige, brown, olive, khaki and grey, have been increasingly popular for apparel and home furnishings for several years now. These wholesome shades are expected to remain a key trend as they reflect growing appreciation of the natural world and people’s desire…
THE WOODLANDS, Texas, Aug. 9, 2022 /PRNewswire/ — Huntsman Corporation (NYSE: HUN) today announced it has entered into a definitive agreement to sell its Textile Effects division to Archroma, a portfolio company of SK Capital Partners. The total enterprise value of the transaction is approximately $718 million, which includes the assumption of approximately $125…