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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.



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#Sustainability

Indovinya advances sustainable solutions with agreement for the supply of renewable Oxygen from Air Liquide

Indovinya, the specialty chemicals and surfactants division of Indorama Ventures, has entered into an agreement with Air Liquide — a world leader in gases, technologies, and services for industry and healthcare — for the supply of renewable oxygen. The agreement represents a strategic advancement in Indovinya’s commitment to sustainability, as it increases the share of renewable raw materials in the production of ethylene oxide, one of its key products.

#Textile chemistry

CHT Group introduces ARRISTAN 7220 for durable soft finishes on coloured and white textiles

The CHT Group has expanded its portfolio of textile finishing solutions with the introduction of ARRISTAN 7220, a non-ionic silicone microemulsion designed to deliver an exceptionally soft handle while maintaining high durability and process reliability.

#Textile chemistry

The CHT Group GmbH awarded Best Managed Company 2026

The CHT Group GmbH has been honored as Best Managed Company 2026. The seal of approval recognizes excellently managed medium-sized companies and is awarded as part of a program by Deloitte Private, UBS, the Frankfurter Allgemeine Zeitung, and the Federation of German Industries (BDI).

#Denim

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.

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#Natural Fibers

The Woolmark Company showcases Australia's commitment to India's textile industry at Bharat Tex 2026

Reinforcing more than five decades of commitment to India's wool textile and apparel industry, The Woolmark Company, alongside Austrade and the Australian High Commission, marked a strong presence at Bharat Tex 2026, one of the world's largest textile and apparel trade platforms. Through industry engagement, strategic collaborations, technical innovation and knowledge exchange, the participation underscored Australia's continued commitment to supporting the growth and transformation of India's textile ecosystem while highlighting the versatility and value of Australian Merino wool.

#Dyeing, Drying, Finishing

Dyeing, finishing and singeing expertise now closer than ever to Brazilian customers

Benninger AG from Switzerland and Grupo NS from Brazil announce joined forces to support textile customers across Brazil with a strong portfolio of textile wet processing technologies, practical application know-how, and reliable local service. The cooperation combines Benninger's long-standing engineering expertise in textile finishing and dyeing with Grupo NS's deep understanding of the Brazilian textile market, customer needs, and service requirements.

#Recycling / Circular Economy

Rieter and partners launch Recycling Powerhouse for industrial-scale textile recycling

Recycling Powerhouse Ltd. was established in July 2026 to industrialize, standardize and scale textile recycling. Based in Switzerland, the venture will operate a franchise-driven business model that enables the production of high-quality, certified recycled yarns. The project is supported by the following partners: Rieter Group, the world’s leading system supplier for natural and man-made fibers, Säntis Textiles, a Swiss textile engineering company, and Valvan, a Belgian sorting technology company. The first blueprint franchise operation is scheduled to launch early 2027 in partnership with Suhail Industrial Holding Group in Qatar.

#Heimtextil 2027

Global carpet industry smartly connected: Heimtextil 2027 sharpens Carpets & Rugs with new structure and premium segment

Even more efficient, more targeted and closer to the market: Heimtextil 2027 strengthens its position as the leading meeting place for the global carpet industry and further expands Carpets & Rugs in line with market needs. With a stronger focus on distribution channels, the segment integrates into Heimtextil’s product worlds.

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