Singapore Archives - Apparel Resources

Indorama acquires full stake in Trevira Holdings

Apparel ResourcesMay 15, 2017

Thailand-based Indorama Ventures has signed a definitive share purchase agreement with Sinterama S.p.A. through its indirect subsidiary Indorama Netherlands BV, to acquire its 25 per cent stake in Trevira Holdings GmbH in Germany. The acquisition allows IVL to take full control of Trevira. It may be noted here that IVL had acquired 75 per cent of Trevira in July 2011.

“Trevira with its renowned brand is an integral part within our specialty portfolio strategy. We see further growth potential especially in the hygiene and automotive segments, as well as in the high-end home textiles business,” said Uday Gill, CEO – Fibres Business, IVL.

Also Read – Indorama releases INVIYA I-400 polymer for textile industry

According to Klaus Holz, CEO, Trevira, this consolidation reflects Indorama Ventures’ commitment to investing in the company and ensuring a continued strong and reliable partnership. IVL has integrated Trevira in its global network and will benefit significantly from the synergies within the IVL Group.

Trevira is a manufacturer of high-value branded fibres and filament yarns for technical applications and hygiene products as well as for home textiles, automotive interiors and functional apparel.

Tech Manufacturing Tech News

Invengo launches slimmest UHF RFID tag

Apparel ResourcesFebruary 16, 2017

Invengo, the global RFID technology provider, has launched a new generation linen tag, the LinTRAK-Slim, the slimmest UHF RFID tag for the laundry and textile services industry.

Specifically designed to be discreetly integrated into linen and textile products used in commercial laundries, the LinTRAK-Slim tag is a woven label 1.2mm thick. With dimensions of 10mm wide and 59mm long, the new tag can be seamlessly inserted into the hem of textile items.

The tag is based on a unique and patented concept that couples a very small UHF device with a sewed, secondary antenna made from flexible stainless steel thread-like material. It integrates Impinj’ Monza® R6-P chip, the latest EPC Gen 2 UHF chip, designed to drive high-volume applications by combining breakthrough features with unprecedented bulk, stack-reading capacity and speed. Additionally, it is MRI-compatible and can be used safely in all types of magnetic resonance imaging systems operating at 1.5- and 3-Tesla.

Also Read – Fujitsu develops smallest washable UHF RFID tag

“We are particularly excited about this new tag and its innovative features that are the result of fruitful discussions with our customers and end-users throughout the textile services ecosystem, including linen manufacturers, laundry groups, major hotel chains and hospitals. With this slimmer tag, we deliver unique benefits to each layer of the linen value chain, resulting in a groundbreaking product that will fuel market growth,” said Richard Bailly, President, Invengo Technologies.

Events News

Texcare Forum Singapore concludes successfully

Apparel ResourcesDecember 27, 2016

Texcare Forum Singapore, an international laundry and dry cleaning expo, successfully wrung down its curtains recently. Organized by Messe Frankfurt (Shanghai) Co. Ltd. and the China Light Industry Machinery Association, the event welcomed more than 200 delegates from 11 countries and regions. It was also fostered by two local organizations, the Employment and Employability Institute (e2i) and the TCA Textile Care Training Centre, as well as backed by VDMA Garment and Leather Technology from Germany.

Richard Li, General Manager of Messe Frankfurt (Shanghai) Co. Ltd. averred that this year’s forum was strategically held in Singapore. In the past, similar events were successfully held in Hong Kong and Macau to connect industry players and foster understanding of the two cities’ laundry markets. Along with the forum, a networking area was also set up to offer manufacturers an extended sales opportunity. Long-term exhibitor at Texcare Asia, Jiangsu Sea-lion Machinery Group (Corp.) from China also signed up for this event.

Also Read – Germany: Texcare International Successfully Concludes Another Edition in Frankfurt

After Singapore, Shanghai will once again become the focus of the international laundry and dry cleaning industry, as the next edition of Texcare Asia would take place in Shanghai from September 27 to 29, 2017. The show is expected to occupy an expansive space of almost 183,000 square feet, housing around 160 exhibitors from around the world.

Business Retail News

NIKE to stop supplying small sports retailers in Singapore?!

Apparel ResourcesDecember 23, 2016

In a bid to appear more appealing to larger retailers and boost online sales in the region, sportswear brand NIKE will reportedly stop supplying smaller sports retailers in Singapore from January, 2017.

With retailers relying on top-selling brands like NIKE to attract customers, smaller retail stores located in Singapore will get a huge blow. Gurbachan Singh, Manager of SPORTS RETAILER SALAM & Sons reportedly said, “This move would force many of us, some of whom had been operating since the 1970s and 1980s, out of business soon. We did business with NIKE for more than 20 years. We followed their rules, never defaulted on payments nor brought in fake or parallel imports. Many of us don’t understand why they are doing this to us.”

According to Mark Penu, Managing Director of Premier Sports International, which markets and distributes sports merchandise, NIKE has made the move to butter up the major sports retailers and to get close with big chains like Weston and Sports Link.

Also Read – Nike faces business challenges

Last year, NIKE announced to investors its plans to grow online sales 600 per cent by fiscal 2020 to US $ 7 billion. Currently, e-commerce represents only 2 per cent of its total sales of US $ 30.6 billion, and the company projects that portion to grow to around 14 per cent in the next five years.

Business Retail News

BHG on expansion spree

Apparel ResourcesDecember 16, 2016

BHG Store — Image Courtesy: straitstimes.com

Singapore-based department store retailer, BHG, is set to open its new 49,000 sq. ft. store at Jurong Point, Singapore which features easy-to-shop interior with wide aisles and different visual and merchandising concepts on each level. The store will also introduce new brands including American bagpack brand Mi-Pac and Korean brand Ladykin.

The new store will feature brand identity counter concepts which allow vendors to display merchandise individually, as opposed to sharing the same nondescript shelf with other brands. BHG Singapore’s Managing Director, Katsuharu Inamoto explained, “It looks plain if you put all the brands together. It’s about marketing and attracting the shoppers. Shoppers will also be able to understand the brand better through the displays.”

Also Read – Walmart de Mexico mulling over selling its clothing-store chain

The 71-year-old added that a plus factor for opening a store at Jurong Point was the upcoming Singapore-Kuala Lumpur High Speed Rail, which is scheduled to start operations in 2026 and Singapore station is planned to be at Jurong East, and its potential for increased footfall in the area.

Events News

Arvind Limited bags Asia’s Best First Time Sustainability Report Award

Apparel ResourcesDecember 13, 2016

Arvind Limited, India’s leading lifestyle and fashion conglomerate, has clinched Asia’s Best First Time Sustainability Report award at the recently concluded 2016 Asia Sustainability Reporting Awards (ASRA) in Singapore.

Commenting on the award, Sanjay Lalbhai, Chairman, Arvind Limited said, “The award reiterates our commitment towards sustainability. Sustainable practices have been a key-focus area for Arvind for quite some time now and we continue to ensure that sustainability remains a top priority.”

Also Read – GAP joins forces with Arvind Group to expand its digital reach in India

In another achievement, Arvind was also declared joint winner in the Asia’s Best Materiality Reporting category where it shared the award with Qatar General Electricity and Water Corporation.

Hosted in Singapore, the Asia Sustainability Reporting Awards (ASRA) are the highest recognition for sustainability reporting in the region. The event was hosted by the British High Commissioner in Singapore H.E. Scott Wightman while the Swedish Ambassador in Singapore H.E. Håkan Jevrell was present as the Special Guest.

Business Sourcing News

Huntsman Corporation shuffles management

Apparel ResourcesNovember 15, 2016

Huntsman Corporation, leading global provider of high quality dyes and chemicals to the textile, has announced the appointment of J. Kimo Esplin as the Executive Vice President, Strategy and Investment with effect from January 1, 2017.

Previously served as CFO of the company for 17 years, Esplin will focus on executing the planned spinoff of the Pigments & Additives and Textile Effects divisions, working with strategic opportunities for the company and its other operating divisions, and representing the company with shareholders and global partners.

Also Read – Huntsman appoints new President of Textile Effects Division

In another development, Sean Douglas has been promoted to the new position of Executive VP and Chief Financial Officer with effect from January 1, 2017. Douglas will be responsible for Finance, Treasury, Accounting, Tax, Investor Relations, Corporate Development and Information Technology. Douglas previously served as the company’s Vice President, Corporate Development and Treasurer.

Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated chemicals with 2015 revenues of more than US $ 10 billion. The company operates more than 100 manufacturing and R&D facilities in approximately 30 countries.

Business Trade Data News

DyStar announces acquisition of Emerald Performance Materials

Apparel ResourcesNovember 3, 2016

DyStar LP, a subsidiary of DyStar Global Holdings (Singapore) Pte. Ltd., a market leader in textile industry, has announced completion of acquiring three specialty chemical units – Carolina Chemical, Hilton Davis and Foam Control of Emerald Performance Materials LCC, a US company that produces and markets technologically advanced specialty chemicals for a broad range of industrial applications.

As per the company release, DyStar LP will integrate all three specialty chemicals businesses and manufacturing sites into their US business platform. “The acquisition strengthens DyStar’s position as a specialty chemical manufacturer in the US as well as builds a diversified product portfolio to launch on our global platform,” said Ruan Weixiang, Chairman of DyStar Group.

By combining the businesses, DyStar will enhance its product portfolio to service multinational retail brands and consumer brands. This will also provide a more balanced business in strategic segments ensuring the long term growth and profitability of DyStar.

Also Read – DyStar setting up new Global Innovation Centre

The DyStar Group is a solution provider, offering customers across the globe a complete range of colourants, auxiliaries and services. The DyStar Group has offices, competence centres, agencies and production plants in over 50 countries to ensure the availability of expertise in all important markets.

Tech Manufacturing Tech News

Garment supplier Tantex deploys Qlik’s visual analytics platform

Apparel ResourcesSeptember 8, 2016

Analysis — Image Courtesy: aaronzapata.com

Tantex, a Singapore-based textile and garments designer and supplier, has chosen Qlik®, for its visual analytics platform. By leveraging the Qlik platform, Tantex will be able to analyse their data to easily identify the latest fashion trends, forecast demand, and provide spot-on recommendations to its global clientele of fashion retailers.

The 25-year-old company has a plethora of global retailers and brands with numerous reports that need to be analysed. To reduce this time-consuming process of customizing each report, Tantex chose Qlik’s visual analytics platform, which will speed up the decision making process and further strengthen its go-to market strategies.

Also Read – SHIMA SEIKI introduces fashion planning web service

“Qlik has provided us with solutions that allow us to quickly analyse vast amounts of information coming in from different sources,” states Janice Tan, General Manager, Tantex and adds that Qlik’s powerful analytics solution allows the company to provide recommendations to their customers based on data collected on topics such as fashion trends, customer buying patterns, peak seasons, and popular garment choices. Such capabilities will strengthen the company’s customer service abilities and better streamline their operations.

Scott Jennings, Director, Industry Solution, Retail Sector, Qlik expressed delight over their platform being adapted by Tantex which is a prime example of a business that is increasingly innovating and harnessing the power of data to improve its operations and deliver better services to its customers. He states that analytics software has a tremendous impact on what is displayed on the runway, as well as the everyday fashion choices available to consumers.

Business Sustainability News

DyStar aims to optimize resource utilization

Apparel ResourcesJune 7, 2016

DyStar Group, a solution provider which offers customers across the globe a complete range of colourants, auxiliaries and services, is launching another concept of their Resource Efficiency Program – ‘Cardia Polyester’.

Cardia Polyester aims to reduce water, waste and energy consumption, while reducing the carbon footprint of the textile goods, greenhouse gas emission and increasing productivity of machines by improving their utilization. The benefits of a full optimization through Cadira Polyester can be up to 58 per cent of productivity increase, the company release mentions.

Also Read – Interdye Shanghai 2016: DyStar to exhibit latest innovations

The new concept combines Dianix® dyes and Sera® auxiliaries with the eliotTM process optimization tool Optidye® PES, which improves right-first-time performance and reduces energy, water, and chemical consumption and the effluent load. Other two components that effect the resource efficiency are: Scour/dyeing and in-bath reduction clearing to reduce energy and water consumption; and alternatives in reduction clearing to reduce the effluent load.

Besides, DyStar will soon provide additional components for more resource efficiency and productivity in the textile production as it continues to support the brand and retailers associated with it in progressing in a sustainable manner.

Business Sourcing News

Huntsman appoints new President of Textile Effects Division

Apparel ResourcesJune 6, 2016

Appointment — Image Courtesy: mercuryeng.com

Huntsman Corporation informed that Rohit Aggarwal will succeed Paul Hulme as President of Huntsman’s Textile Effects division – leading global provider of high quality dyes and chemicals to the textile and related industries, effective July 31, 2016.

“I would like to express my sincere appreciation to Paul for his dedicated service to Huntsman for more than three decades. Ten years ago, when Paul assumed leadership of our Textile Effects division, the textile sector was facing acute economic and environmental challenges. Today our textile business is aligned with the industry’s growth markets, and its cost efficiency and sustainability platform are widely recognized as industry best practice. I am very pleased that Rohit Aggarwal has accepted the lead role in our Textile Effects division. I am confident that, under his direction, the business will prosper and thrive,” averred Peter Huntsman, President & CEO – Huntsman.

Also Read – Huntsman introduces 210 new dyes

Rohit has more than 20 years’ experience in the chemical industry across multiple chemical specialties. According to company release, most recently Huntsman’s Vice President and Managing Director of Indian Subcontinent, a position he has held since July 1, 2015, Aggarwal joined Huntsman in 2005 and has held various positions within the corporation’s Advanced Materials and Textile Effects divisions. In 2013 he left Huntsman to join Louis Dreyfus Commodities B.V. as Chief Executive Officer of Asia Region.

Business Trade Data News

DyStar to acquire specialty chemical units of Emerald Performance Materials

Apparel ResourcesMay 10, 2016

DyStar LP, the US subsidiary of DyStar Global Holdings (Singapore) Pte. Ltd. – the market leader in textile industry, has entered into an agreement with Emerald Performance Materials to acquire its five specialty chemical units (the Specialties, Polymer Additives, and Nitriles business groups).

“We are enthusiastic about the growth that the combination will foster. This high quality acquisition will significantly strengthen DyStar’s position in the chemical industry and we are uniquely positioned to take advantage of the new revenue growth and synergy opportunities. We are confident that the business will be a good opportunity for DyStar to grow in future,” said Ruan Weixiang, Chairman – DyStar Group.

Also Read – DyStar Unveils eliot – A New Information and Process Optimization System

The company is expected to expand the new business groups to DyStar’s global business reach; leverage DyStar’s strong procurement platform to reduce costs; and synergize the technical know-how across all businesses, mentions the press release.

Emerald Performance Materials is a US-based firm and leading manufacturer and marketer of specialty chemicals for consumer and industrial markets that is majority owned by affiliates of American Securities LLC.

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