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#Textile chemistry

Update on DyStar’s transition to full ownership of Zhejiang Longsheng Group

DyStar, a leading specialty chemical company with a heritage of more than a century in product development and innovation, wishes to provide an update on the progress of Share Purchase Agreement signed for the acquisition of 37.57% of the issued share capital of DyStar Global Holdings (Singapore) Pte Ltd.



1. Zhejiang Longsheng Group Co., Ltd. has paid a deposit of USD 3,482,739 into the escrow account and submitted the required filing documents to the National Development and Reform Commission and the Ministry of Commerce. As of this date, these filings remain pending.

2. On November 4, an extension of the final deadline was mutually agreed via email between Zhejiang Longsheng Group Co., Ltd. and the Receivers (appointed by Deloitte & Touche Financial Advisory Services Pte Ltd), extending the deadline to December 1, 2025.

3. An additional USD 5,112,156 deposit is required to be transferred to the escrow account within 10 working days following November 3, 2025.

4. A supplemental agreement will be carried out to formally document this extension.

Mr. Xu Yalin, Managing Director and President of DyStar Group, stated: “DyStar remains confident in Zhejiang Longsheng Group’s ability to advance the transaction and complete the necessary regulatory filings and approvals from government authorities.”

DyStar is committed to transparency and to ensuring accurate information is communicated to all stakeholders and interested parties in a timely manner.



More News from DyStar Singapore Pte Ltd

#Textile chemistry

DyStar releases FY2025 sustainability report, marking a new milestone towards its 2030 targets

DyStar, a leading specialty chemicals company with more than a century of expertise in product development and innovation, today announced the release of its FY2025 Sustainability Report, marking a significant milestone in its sustainability journey and reinforcing its commitment to long-term value creation.

#Textile chemistry

DyStar Group announces Board transition to drive innovation

DyStar, a leading specialty chemical company with a heritage of more than a century in product development and innovation, announced today the appointment of Ruan Cunfan to its Board of Directors, effective 20 February 2026.

More News on Textile chemistry

#IGATEX 2026

BW Converting, Archroma and Monforts to highlight precision spray finishing at IGATEX Pakistan 2026

BW Converting, Archroma and Monforts will participate in IGATEX Pakistan 2026, held Oct. 15–18 at the Expo Centre Lahore, at Al-Ameen Trading Corporation’s stand F-2-09 in Hall 2. Together, the companies will highlight precision spray-finishing technology, textile chemistry expertise and application-development support to help Pakistan’s textile manufacturers evaluate opportunities to improve finishing performance and production efficiency.

#Recycled Fibers

Circ and Huafon partner to scale textile-to-textile recycling in China

Circ® and Huafon, a leading spandex producer in China, are partnering to build and scale a new multi-phase textile-to-textile recycling site in China, expanding Circ's global pathway to industrial scale. The project will be located within Huafon's industrial footprint and will use Circ's technology to process polycotton textile waste and recycle both inputs, recovering recycled PTA, recycled MEG and recycled cellulosic pulp for use in new textiles. The site will be developed in phases, with Phase 1 designed for approximately 200 metric tons of textile waste per day and additional capacity planned.

#Research & Development

An eco-friendly alternative to fluorocarbon treatments

Protective and outdoor clothing derives its durable water-, dirt- and oil- repellent properties from the application of fluorinated polymers or per- and polyfluorinated low-molecular- weight chemicals (PFCs). The beneficial properties thus achieved on textiles are offset by environmental and human health risks. For manufacturers of sports, medical, protective and automotive textiles, researchers at the Sächsisches Textilforschungsinstitut e.V. and the Leibniz Institute for Polymer Research have developed liquid-applied dispersions and solutions to functionalise textiles without the use of fluorine.

#Textile chemistry

Archroma and Lameirinho partner in pioneering deployment of InOneGO single-step dyeing

Archroma, a global leader in specialty chemicals, and Lameirinho, a leading home textiles manufacturer based in Portugal, are collaborating to bring InOneGO by Archroma, a new single-step dyeing process, into commercial production. Lameirinho’s first InOneGo bedlinens collection is now available worldwide.

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#Functional Fabrics

ROICA™ presents stretch textile innovations from nine partners at PERFORMANCE DAYS 2026

ROICA™ by Asahi Kasei will return to PERFORMANCE DAYS Munich on October 13–14, 2026, presenting textile developments from seven European partners and two Japanese specialists under its global brand message, “STRETCH YOUR FUTURE.” Visitors can discover the developments at Booth P10 in Hall A4.

#IGATEX 2026

SHIMA SEIKI to showcase flat knitting and digital design solutions at IGATEX Pakistan 2026

Leading computerized flat knitting technology provider SHIMA SEIKI MFG., LTD. of Wakayama, Japan, together with its Pakistani representative ALMURTAZA MACHINERY CO., (PVT) Ltd., will exhibit at the upcoming International Exhibition for Garment, Textile Machinery and Accessories (IGATEX Pakistan 2026) in Lahore, Pakistan, from October 15–18. SHIMA SEIKI will introduce computerized flat knitting machines, 3D design software and various web platforms as proposals for sustainable production through innovative shaping technology and the latest digital solutions.

#Dyeing, Drying, Finishing

Brazilian market leader Cedro Têxtil focuses on greater efficiency, sustainability, and product quality with Brückner

After more than 150 years of company history, Cedro Têxtil is once again embracing the challenges of a changing industry. Widely recognized as the largest manufacturer of workwear fabrics in Latin America, the Brazilian textile company continues to invest in the modernization of its production facilities. A key milestone in this process was the decision to install a state-of-the-art Brückner stenter frame just over a year ago.

#Recycling / Circular Economy

The Or Foundation, adidas, BESTSELLER, H&M Group, and Inditex launch Apparel Recovery Coalition, responding to impacts of post-consumer textile exports

adidas, BESTSELLER, H&M Group, Inditex and The Or Foundation, with support from Circle Economy, unveiled the Apparel Recovery Coalition (ARC). The coalition will explore how producer responsibility systems can support circular pathways such as reuse, upcycling, recycling, and responsible waste management in countries that receive large volumes of exported secondhand apparel.

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