#Textile chemistry

2020-11-05

Indorama Ventures awarded "2020 DX CEO" by IDC Thailand

Indorama Ventures Public Company Limited (IVL), a global chemical producer, was recognized by IDC Thailand with Mr. Aloke Lohia, Group CEO, acknowledged as the ‘2020 DX CEO’ for Thailand in this year's IDC Digital Transformation Awards (DX Awards). IDC's DX Awards recognizes outstanding organizations that have made critical breakthroughs in digital transformation, changing its business and markets across the Asia Pacific region.

IVL is currently implementing its digital transformation project utilizing S/4 Hana, an integrated SAP ERP across all functions. The full implementation of the ERP will help drive organization-wide optimization, improve overall efficiency and make IVL's businesses even more agile. The project is also part of the company’s Olympus project, a cost transformation initiative which is expected to deliver savings of approximately $350 million by 2023. The project includes deployment of a global business solution throughout finance, operations, procurement, supply chain, sales and HR functions across IVL’s 120 operating sites in 33 countries across the world.

Mr. Aloke Lohia, Group CEO at Indorama Ventures said, "I am so proud of my team and honored to be named ‘2020 DX CEO’ by IDC Thailand. As IVL has mostly grown inorganically in recent years, we have a strategy to enhance the optimization and integration of our business operations through several transformation projects, with the single ERP system at the core. That is why we got into the SAP system after due deliberation. We chose a very good partner, 'Accenture', for the implementation of our digital transformation project. Even though we are caught in COVID-19 restrictions, we continued the implementation virtually with frequent updates among our team across all 33 countries and 120 sites. We believe that our digital transformation will better serve our customers, clients and employees. As we all know, data is the new oil and we would be able to leverage this to enhance our excellence and bring forward an improvement for our shareholders.

Mr. Sudev Bangah, Managing Director at IDC ASEAN said, “Mr. Lohia started an initiative to drive intrinsic value through digital transformation at IVL by exploring industry 4.0 capabilities with Machine Learning & Mathematical Optimization as well as identifying 250+ digital value creation opportunities across 120 sites. He exhibits confidence and a strong vision with the ability to strategically execute his vision into actions that assisted in transforming IVL to become a more successful organization.

“Mr. Lohia is leading IVL on the right path by driving business resilient qualities within the organization such as agility, flexibility and being customer centric. He ensures that the right strategies, skills, and passion are in place to make IVL fit for the future,” Sudev added.

IDC DX Awards were assessed by organizations driving business model transformation and business ecosystem which leverages from digital technologies such as Cloud, Mobile, Big Data / Analytics, Social and IoT across the Asia Pacific region. This 2020, IDC award has received more than 1,200 nominations across participating countries such as Singapore, Indonesia, Philippines, Malaysia, Thailand, Hong Kong, Taiwan, China, South Korea, India, Australia, and New Zealand.

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.

SOKO presents low-impact denim finishing innovations at Denim PV Milan

SOKO will present a range of sustainable denim finishing technologies and collaborative projects at the upcoming Denim Première Vision Milan on 20–21 May in Milan. At booth G27 in Superstudio Più, the company will showcase new chemical solutions designed to combine fashionable denim effects with reduced environmental impact.

Speed and connectivity: Techtextil and Texprocess provided market-ready solutions for industries under pressure

With more than 36,000 visitors and 1,700 exhibitors from a total of 112 countries, Techtextil and Texprocess 2026 demonstrated how innovation comes into industrial use. The convergence of research, industry and application proved to be a breeding ground for new material solutions, manufacturing and processing technologies. Natural fibres, performance apparel, connected systems and AI-driven processing technologies emerged as key growth and future markets.

Mimaki ‘Powers Possibilities’ with a market-diverse application and printer line-up at FESPA 2026

Mimaki Europe, a leading manufacturer of industrial inkjet printers and cutting plotters, is bringing its “Print Different - Powering Possibilities” theme to life at FESPA Global Print Expo 2026 (Fira de Barcelona, 19-22 May 2026), demonstrating how digital printing technology can turn ideas into high-value applications and new business opportunities.

From advanced fibres to eco‑focused yarns: Yarn Expo Autumn 2026 set to welcome global industry to Shanghai

From 25 – 27 August, Yarn Expo Autumn 2026 will return to the National Exhibition and Convention Center (Shanghai) to reinforce its role as a key meeting point for the global yarn and fibre industry. With over 22,000 visitors, the previous edition gathered nearly 580 leading exhibitors from 16 countries and regions, showcasing advanced developments and creative applications that support innovative, sustainable textile design. The upcoming edition will not only present an extensive range of fibre and yarn products, but will also feature a comprehensive fringe programme, including industry forums and trend display areas, providing innovative upstream enterprises with a stage to introduce next‑generation materials and sustainable concepts.

Monforts sees growing potential for technical textiles in Türkiye

For many years now, Türkiye has been one of the most important markets for textile finishing, coating and continuous dyeing equipment, making ITM 2026 from June 9-13 a key event for Germany’s Monforts. At the Istanbul exhibition at stand 1117D in Hall 11, the company will put the emphasis on its machines which continue to lead the field in conventional dyeing and finishing, and also highlight the strong opportunities for Turkish textile manufacturers in the growing field of technical textiles.