Associations
Italian Textile Machinery: Orders still declining in 2024 second quarter
In the second quarter of 2024, the order index for Italian textile machinery, as reported by the Economics Department of ACIMIT – the Association of Italian Textile Machinery Manufacturers, showed a decline compared to the period 2023 April-June (-17%). In value terms, the index stood at 49.8 points (base 2021=100).
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Fifth transnational ADDTEX meeting in Prato
From 1 to 5 July 2024, the fifth member meeting of ADDTEX took place in Prato at PIN s.c.r.l. Educational and Scientific Services for the University of Florence. Parallel to the meeting of the project partners and in the same building in Piazza Giovanni Ciardi, 25, PIN organised a textile innovation boot camp with students from Sweden, Spain, Romania, Ireland, Italy and Portugal.
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Launch of the TCLF skillbridge project
EURATEX together with COTANCE and CEC hosted the TCLF SkillBridge Stakeholder Event, an important step towards forming regional skills partnerships by bringing together various stakeholders from industry, education, and public sectors.
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Italian textile machinery industry ready for new challenges launched by the green transition
Maintaining a focus on innovation despite the uncertainties that characterize the current international scenario was emphasized during the General Assembly of ACIMIT, the Italian Textile Machinery Manufacturers Association, held in Milan on July 9. ACIMIT president, Marco Salvadè, showcased the data of the Italian textile machinery industry. In 2023, production decreased by 16%, settling at a value of 2.3 billion euros, as did exports, which also fell by 16% (2 billion euros).
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Fruitful discussions and an attention-grabbing innovation showcase
At this year's ITM, the KARL MAYER GROUP once again demonstrated that it is a reliable partner for its customers, especially in difficult times. At this year's trade fair, the majority of visitors came from Turkey. In particular, the number of trade visitors from North Africa and Central Asia was lower than usual. Nevertheless, the KARL MAYER GROUP trade fair team was able to report successes.
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S&P Global Inc. (UK) joins ITMF as Corporate Member
S&P Global provides essential intelligence – analytics and workflow solutions in the global capital, commodity and automotive markets. One of the 5 business divisions - S&P Global Commodity Insights’ coverage includes chemicals & fibers, oil and gas, power, metals, agriculture and shipping. S&P Global Commodity Insights comprises well-known and market leading brands following the merger of IHS Markit with S&P Global in March 2022.
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EURATEX welcomes the EU Customs Reform package and calls for swift action on the de minimis exemption
The European Textile and Clothing industry (EURATEX) welcomes the proposed reforms to the EU's customs system, emphasizing the need for a modernized framework that addresses the challenges of the digital age and fosters a level playing field.
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Associations
Program announced for 2024 AATCC Textile Discovery Summit
AATCC is excited to announce the program for the 2024 Textile Discovery Summit, held October 6 to 8 in Savannah, Georgia, USA. With a focus on A Path Forward Through Innovation, this year’s conference will be a groundbreaking event for the textile industry.
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Comprehensive and high-level program for ITMF & IAF Convention 2024 takes shape
As frequent visitors of the ITMF and IAF annual conferences have come to expect, industry experts will share the cutting edge of the developments that currently define the textile-apparel industrial complex. The unique collaboration of the textile industry federation ITMF and the apparel industry federation IAF allows the organizers to give a full supply chain picture. At a time when collaboration across the entire chain is indispensable to meet the many challenges, this is a great asset.
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The business situation continues to stagnate, casting a shadow on year-end expectations
The May 2024 ITMF Global Textile Industry Survey (GTIS) indicates a continued stagnation in the textile business climate, with a marginal improvement of the economic situation due to more companies deeming business “satisfactory”. On the other hand, business expectations have stagnated in positive territory for a year, reflecting optimism rather than actual improvement, as the entire supply chain suffers from a lack of orders and high costs that affect profit margins.
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Associations
Mario Jorge Machado elected President of EURATEX
Portuguese textile entrepreneur, Mario Jorge Machado, has been elected President of EURATEX during its General Assembly on 14 June. The Assembly also nominated Alberto Paccanelli as Honorary President.
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CEMATEX appoints Alex Zucchi as new president
CEMATEX, the European Committee of Textile Machinery Manufacturers, today announced the appointment of Alex Zucchi as its new president. Mr Zucchi was elected at the General Assembly held on 14 June 2024.
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ITM 2024 exhibitors breaks record with 66,200 visitors
ITM 2024 brings vitality to textile industry with global visitors from 99 countries and huge business volume.
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