#Textile chemistry

2025-11-13

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.

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.

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.

Archroma wins ICIS Innovation Award for sulfur dye breakthrough

Archroma, a global leader in specialty chemicals, has won a coveted 2026 ICIS Innovation Award for Best Product Innovation from a Large Company for FiberColors®. These high-performance sulfur dyes are synthesized from pre-consumer wool waste, reducing industry reliance on petroleum-based inputs while contributing to the circular economy by upcycling unwanted wool that farmers would otherwise pay to dispose of.

ZymoChem secures $4 million in renewed federal funding to advance U.S. biomanufacturing of critical materials and their supply chains

ZymoChem, the specialty chemicals company dedicated to bringing decarbonization, sustainability, and supply chain resiliency to the chemical industry through innovative biological manufacturing, today announced the resumption and expansion of its federal research portfolio. The company has been notified that previously paused work under a $5 million U.S. Department of Energy (DOE) program is officially back on, to be joined by continuing collaborations with three of the nation's premier national laboratories.

HeiQ & Archroma and Lenzing & Armedangels win ITMF International Collaboration Awards 2026

The International Textile Manufacturers Federation (ITMF) has named two industry partnerships as winners of the ITMF International Collaboration Awards 2026. The awards go to collaborations between HeiQ and Archroma as well as Lenzing and Armedangels, highlighting joint approaches to innovation and sustainability across different parts of the textile value chain.

180 years of TESTEX: From Zurich silk testing to global certification

For 180 years, TESTEX has developed alongside the textile industry while maintaining the same underlying purpose: creating trust through independent and reliable measurement. Founded in Zurich in 1846 as the Zurich Silk Conditioning Institute, TESTEX has grown from a local institution serving the silk trade into an international Swiss testing and certification institute for textiles and leather.

Moving Advanced Recycling from Innovation to Implementation

The Advanced Recycling Conference 2026 explores technologies, markets, financing and scale-up of innovative recycling solutions for waste streams including mixed plastic waste, textiles and PVC. Europe’s chemical and materials sector faces growing pressure to close carbon loops, strengthen raw-material safety and resilience and meet increasingly ambitious EU recycling targets. Against this backdrop, the Advanced Recycling Conference (ARC) will bring together industry leaders, technology providers, researchers, innovators and policy-makers on 17–18 November 2026 in Cologne, Germany.

German textile industry and retailers form alliance to shape textile EPR system

Germany’s textile and fashion industry and retail sector have joined forces to establish the “Alliance for Textile Circularity” (Allianz für textile Kreisläufe). Initiated by the German Textile and Fashion Industry Association (Gesamtverband textil+mode) and the German Retail Federation (HDE), the alliance aims to contribute industry expertise to the development of Germany’s future Extended Producer Responsibility (EPR) system for textiles and footwear.