[pageLogInLogOut]

#Associations

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



More News from TEXDATA International

#Recycling / Circular Economy

textile.4U publishes special edition “Top 100 Textile Recycling Companies 2025”

With a comprehensive 176-page special edition, textile.4U is dedicating its latest issue entirely to one of the most dynamic and influential topics in today’s textile industry: textile recycling. The new issue, published exclusively in high-quality print, presents the Top 100 textile recycling companies researched and selected by TexData – organizations that already play a key role in the transition to circular textiles or are expected to have a significant impact in the near future.

#Recycling / Circular Economy

Responsible Textile Recovery Act of 2024 signed by Governor

Senator Josh Newman (D-Fullerton) is proud to announce that Senate Bill 707 (SB 707), the Responsible Textile Recovery Act of 2024, has been signed into law by the Governor of California, Gavin Newsom. This groundbreaking legislation establishes the country’s first Extended Producer Responsibility (EPR) textile recycling program, marking a significant step forward in the state’s efforts to combat waste and promote sustainability.

#Textiles & Apparel / Garment

Modtissimo promotes sustainability with 28 coordinates in the Green Circle

Modtissimo is proving more and more to be a textile and clothing show that delivers the latest innovations in the area of sustainability, with the iTechStyle Green Circle being the main showcase for companies' creations. In this 60+4 edition, taking place on 12 and 13 September, 28 coordinates will be exhibited in a section organised by CITEVE and curated by Paulo Gomes.

#Europe

The EU and Egypt team up to mobilise private sector investments at Investment Conference and sign a Memorandum of Understanding underpinning €1 billion in macro-financial assistance for Egypt

At the EU-Egypt Investment Conference, co-organised by the EU and the Government of Egypt on 29-30 June, the EU and Egypt are teaming up to intensify private sector investments in Egypt. They are also signing a Memorandum of Understanding (MoU) for the disbursement to Egypt of up to €1 billion in Macro-Financial Assistance.

More News on Associations

#Associations

Engineering depth and diversity for composites

Airbond is the latest member of the British Textile Machinery Association (BTMA) to receive recognition for contributions to the composites industry. The engineering firm based in Pontypool, South Wales, has just received the Make UK Energy and Sustainability Award for its Lattice 3D Printing project.

#Composites

Alliance for European Flax-Linen & Hemp expands bio-materials presence at JEC World 2026

The Alliance for European Flax-Linen & Hemp is pleased to announce its participation at JEC World 2026, featuring a significantly expanded presence and an enhanced offering for the global composites industry.

#Europe

FITA, ABIT and EURATEX underline strategic importance of Mercosur – EU Partnership Agreement for the textile and apparel industry

The Argentine Textile Industry Federation (FITA), the Brazilian Textile and Apparel Industry Association (ABIT), and the European Apparel and Textile Confederation (EURATEX) continue to monitor the process of internalizing the Mercosur-European Union Partnership Agreement. This agreement is essential for the competitiveness of our industries, on both sides of the Atlantic.

#Associations

Industry associations warn against state-run EPR models in the EU

European industry associations, led by Euratex, have raised concerns over a growing trend in several EU Member States to introduce state-run Producer Responsibility Organisations (PROs) within Extended Producer Responsibility (EPR) schemes.

Latest News

#Raw Materials

Esquel Group adds two new extra-long staple cotton varieties approved

Esquel Group’s Xinjiang Research & Development Center has successfully developed two new Sea Island cotton (Extra-Long-Staple cotton, ELS cotton) varieties named “Yuan Loong 37” and “Yuan Loong 42,” which have been officially approved and granted registration numbers. Both varieties have also obtained Plant Variety Rights certificates, marking another significant breakthrough for the Group in cotton breeding and commercial application.

#Weaving

Itema America acquires Palmetto Loom Reed, strengthening local manufacturing and service in the U.S.

Itema America, the U.S. subsidiary of Italy-based Itema Group, has acquired – through an Assets Purchase Agreement – Palmetto Loom Reed, a Greenville, South Carolina-based manufacturer of weaving reeds and one of the last remaining domestic producers of these precision components in the United States.

#Recycled_Fibers

Reju announces site selection for French Regeneration Hub in Lacq advancing Europe’s circular textile infrastructure

Reju, the textile-to-textile regeneration company based in France, announces the site selection for an industrial sized Regeneration Hub, in Lacq, in the Pyrénées-Atlantiques, on the Induslacq platform. Reju, a Technip Energies owned company, is deepening its roots in France through the development of this new Regeneration Hub.

#Functional Fabrics

lululemon introduces Unrestricted Power™ — A new sensation for strength training

lululemon (NASDAQ: LULU) has unveiled Unrestricted Power™, a new innovation platform engineered for heavy lifts and demanding gym sessions. The assortment, which launches in North America, is backed by thousands of hours of research and development, providing secure support without compromising comfort and mobility, enabling a distraction-free fit built to match every move.

TOP