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EU rules by 2028: Will Asia capture the textile-recycling opportunity?

US recycler Circ and China’s Huafon have announced a textile-to-textile recycling plant in China to process about 200 tonnes of blended polyester-cotton waste a day.
The plant will recover PTA, MEG and cellulose pulp, signalling capacity moving closer to Asian polyester and garment production.
Europe’s rules create waste-handling costs from 2028, but do not compel recycled-fibre purchases.Read More

03.11.2026Comments Off
India targets $1 trn in exports after record $863 bn last year: Goyal

India’s exports rose 14 per cent year on year to $480 billion in April-September, putting the country on track towards its $1 trillion annual target, which requires another $520 billion in the second half.
India’s Commerce Minister Piyush Goyal said the IMF had revised its global trade growth forecast to around 3.5 per cent, with India’s export performance potentially contributing to the increase.Read More

03.11.2026Comments Off
Puma’s comeback play: Running, football and brand revival

Puma’s third-quarter sales fell 6.3 per cent to €1.77 billion (~$1.99 billion) on weak North America and EMEA demand; inventories dropped 24.3 per cent.
It is prioritising running, training and football, supported by NITRO footwear, HYROX expansion and club partnerships.
Puma expects gradual recovery as it lays foundations for growth in 2027; ANTA Sports is now its largest shareholder.Read More

03.11.2026Comments Off
Weak yarn demand meets steady costs: Where will VSF go?

China’s viscose staple fibre quotes edged up over October 23 to November 2, 2026, with 1.2D and 1.5D ending near $2.21/kg on November 2.
All four domestic grades closed higher: 1.2D and 1.5D rose 0.2 per cent, high-end fibre gained 0.4 per cent and medium grade led with 0.7 per cent.
Stable chemical inputs and slim textile buying kept the upward move cautious, with momentum already flattening.Read More

03.11.2026Comments Off
Uzbekistan’s textile exports rise 28%: Can growth move beyond Russia?

Uzbekistan’s textile and apparel exports rose 28.1 per cent to $2.4 billion in January–September 2026, with finished products at 50.8 per cent.
Russia remains the key outlet, taking about 62 per cent in January–October 2025 and most knitted apparel and home textiles.
Domestic processing and yarn levies are tightening Uzbek cotton yarn supply for spinners in Türkiye, China and Bangladesh.Read More

03.11.2026Comments Off
China’s central bank adopts overnight reverse repo as main policy rate

China’s central bank shifted its main policy rate anchor from the seven-day to the overnight reverse repo rate on November 2, conducting 541 billion yuan ($81.1 billion) of overnight operations at 1.25 per cent.
Under the revised framework, overnight reverse repos will become the PBOC’s primary open-market instrument, with other related rates also linked to the new benchmark.Read More

03.11.2026Comments Off
China’s central bank adopts overnight reverse repo as main policy rate

China’s central bank shifted its main policy rate anchor from the seven-day to the overnight reverse repo rate on November 2, conducting 541 billion yuan ($81.1 billion) of overnight operations at 1.25 per cent.
Under the revised framework, overnight reverse repos will become the PBOC’s primary open-market instrument, with other related rates also linked to the new benchmark.Read More

03.11.2026Comments Off
Thailand’s SCGC and GC plan olefins and polyolefins joint venture

SCGC and PTT Global Chemical plan to merge their Thailand olefins and polyolefins businesses, targeting a top-10 global polyolefins rank by capacity.
The venture will have about 7.1 million tonnes per year of olefins capacity and $150–200 million in annual synergies.
GC will hold 56 per cent and SCGC 44 per cent via a no-cash share swap; establishment is targeted for the second half of 2027.Read More

03.11.2026Comments Off
Thailand’s SCGC and GC plan olefins and polyolefins joint venture

SCGC and PTT Global Chemical plan to merge their Thailand olefins and polyolefins businesses, targeting a top-10 global polyolefins rank by capacity.
The venture will have about 7.1 million tonnes per year of olefins capacity and $150–200 million in annual synergies.
GC will hold 56 per cent and SCGC 44 per cent via a no-cash share swap; establishment is targeted for the second half of 2027.Read More

03.11.2026Comments Off
Techtextil and Texprocess 2028 strengthen textile value-chain links

Techtextil and Texprocess will return to Frankfurt on 4–7 April 2028 with an optimised hall layout linking materials, production technologies and processing.
Leading exhibitors have already registered, including Lenzing, Toray Textiles Europe, Kornit and Veit.
The concurrent fairs aim to strengthen value-chain collaboration, with early-booking rates available until 30 November 2026.Read More

03.11.2026Comments Off