#Associations

2023-01-05

Paramount Textiles (Bangladesh) joins ITMF as corporate member

Paramount Textile – a part of Paramount Group of companies in Bangladesh – was established in 2006. The company manufactures a diversified range of dyed yarns and dyed, finished, and printed woven fabrics. In 2021, the company exported more than USD 60 million worth of merchandise worldwide.

Dr. Christian Schindler, Director General of ITMF stated that “ITMF is delighted to welcome Paramount Textile as a new Corporate Member. The decision to join the Federation is a clear indication that companies from the entire textile value chain see value in being part of a neutral international platform that provides relevant information as well as a unique international network. The ITMF Annual Conference 2022 in Davos, Switzerland highlighted the importance of discussing emerging trends with experts and colleagues face to face. Meeting old and new friends and colleagues in a relaxed atmosphere outside the regular business environment is helping people to better understand the ongoing dynamics in the global textile industry.

Meeting persons from the entire textile value chain – from fiber producers to brands/retailers as well as affiliated industries like textile machinery producers, textile chemical producers, etc. provides a wider spectrum of perspectives.”

Information about Paramount Textiles.:

https://paramounttextilebd.com/

Information about ITMF:

www.itmf.org

Texprocess 2026: Automation, digitalisation and AI redefine textile processing

Making investment decisions in textile processing has become significantly more demanding. Increasing energy costs, a shortage of skilled labour and ongoing geopolitical uncertainties are compelling companies to focus on technologies that deliver clear gains in efficiency and process reliability. This applies equally to apparel manufacturing and to the processing of technical textiles and high-performance materials. As a result, modernisation initiatives are assessed more carefully – even as the need to upgrade production systems continues to intensify.

Techtextil 2026: Between innovation pressure & market reality

From 21 to 24 April 2026, Techtextil in Frankfurt am Main will once again become the central meeting point for the international technical textiles and nonwovens industry. Running in parallel, Texprocess will focus on the industrial implementation of textile processing technologies as the leading platform in this field. Together, the two trade fairs form a closely integrated presentation and working platform along the entire textile value chain – from material development to finished applications.

Between geopolitical pressure and industrial resilience

In this interview, Dr. Janpeter Horn (VDMA) discusses the current challenges facing textile machinery manufacturers, shaped by geopolitical tensions, regulatory developments and subdued investment. He also outlines why innovation strength, integrated solutions and strategic positioning remain key to global competitiveness.

Turkmenistan: Italian textile machinery focuses on high technology and specialization

The Italian textile machinery industry flies to Ashgabat to participate with a large “Made in Italy” delegation at TURKMEN TEXTILE EXPO 2026, the major international showcase taking place from June 4 to 6, 2026. The Italian presence, coordinated by the Italian Trade Agency (ICE) and ACIMIT (the Association of Italian Textile Machinery Manufacturers), aims to consolidate Italy’s primary technological role in a highly strategic market with interesting prospects.

Young talents honoured – 60 years Walter Reiners Foundation

At the Techtextil trade fair in Frankfurt at the end of April, Peter D. Dornier, chairman of the VDMA’s Walter Reiners Foundation, presented awards to five successful young engineers. Promotion and sustainability awards were presented in the categories of bachelor’s/project theses and diploma/master’s theses. Academic theses are eligible for the sustainability awards if, for example, they develop solutions for resource-efficient products and technologies.

Fifteen years of Autoneum – From spin off to global technology leader

What started as a strategic carve‑out has since become the success story of a global technology leader in acoustic and thermal management solutions for vehicles. Headquartered in Winterthur, Switzerland, Autoneum supplies leading automobile manufacturers worldwide with innovative, lightweight and increasingly sustainable solutions.

Kruger, Canada, orders first nonwovens line for sustainable wipes from ANDRITZ

International technology group ANDRITZ has received an order from newly established Kruger Nonwovens to deliver a complete WetlaceTM hybrid line for the Wayagamack mill in Trois-Rivières, Quebec, Canada. With this investment, pulp and paper producer Kruger is preparing to enter the nonwovens market with a new generation of plastic-free, chemical-free materials for sustainable wipes. The line is the first of its kind in Canada and is scheduled to start production in 2028.

Picanol to present its leading weaving technology at ITM 2026

Picanol is pleased to announce it will be participating in ITM 2026 in Istanbul. This is a key event for industry professionals to engage with the Turkish textile industry as well as the extensive international audience attending the fair. During the event, Picanol will present its latest innovations to the visitors in Hall 8, booth 802.