Latest news with #sustainabletextiles
Yahoo
15-07-2025
- Business
- Yahoo
Chile Textile Market Forecast and Company Analysis Report 2025-2034, Featuring Crossville Fabric Chile, Ecocitex, Hitega, and Reginella
Key drivers in Chile's textile market include rising demand for premium and sustainable textiles, online shopping growth, and favorable trade agreements. Chilean Textile Market Dublin, July 15, 2025 (GLOBE NEWSWIRE) -- The "Chile Textile Market Report and Forecast 2025-2034" has been added to textile market, valued at USD 5.39 billion in 2024, is projected to grow at a CAGR of 4.31% from 2025 to 2034, reaching USD 8.22 billion. The market's evolution is driven by increasing demand for premium household textiles and automotive applications, alongside an upward trajectory in sports retail, which is expected to increase store counts by 65.9% between 2018-2024. Chile's rising per capita spending, which grew to USD 9,833 in 2022, is boosting consumer investments in fashion. Retail sales saw a 6.8% rise in August 2024, with strong performances in clothing, footwear, and accessories. The circular economy is emerging rapidly, characterized by reducing waste and recycling, evidenced by Procitex's textile recycling plant aiming to handle 500 tons monthly. Furthermore, the Sustainable Design Chamber's Clean Production Agreement promotes textile waste management over a 24-month initiative. Key players, such as Falabella, are investing in market expansion, unveiling a USD 508 million strategy to enhance omnichannel capabilities. The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) membership in February 2023 is expected to reduce tariffs and trade restrictions, encouraging technological partnerships and sustainability initiatives with member countries. According to the Santiago Chamber of Commerce, clothing has consistently been the top purchase online since 2020, accounting for 28% of total sales. In the first half of 2023, 46% of consumers bought clothing online monthly. Retail sales grew by 6.8% year-on-year in August 2024, demonstrating sector vitality despite Asian import competition reducing domestic industry presence. The textile industry contributes significantly to Chile's manufacturing economy, as per the World Bank, with 2.06% attributed in 2019. Key trade agreements, such as the U.S.-Chile Free Trade Agreement, promote competitive pricing and market access, enhancing opportunities for U.S. exporters. Online shopping's growth, enabled by a high internet penetration rate of 91%, allows local retailers to capitalize on digital trends. With 64.8% of Chileans shopping online in 2022 and anticipated growth to 13.7 million users by 2027, opportunities abound. Sustainability trends are pressing as consumers gravitate towards green products, with Ecocitex setting an example in 100% recycled textiles, aiding national environmental goals. Chile is well-placed within Latin America's economy, benefitting from FTAs like India Chile PTA and EFTA, bolstering external ties and trade conditions. The GNP increase aligns with urbanization trends and rising disposable income, which is projected to grow steadily due to foreign investment. The fast fashion sector's demand for affordable and trendy apparel is met by brands like Zara and H&M, targeting younger demographics. The agriculture sector's growth and technological investments align with rising demands for agriculture textile products. E-commerce dominance remains in apparel and footwear sectors, capturing 48% of online sales and reflecting significant digital engagement from a robust connectivity presence. Rising demand for technical textiles in agriculture and transportation sectors, bolstered by substantial loans and infrastructure investments like the USD 500 million RED Network Plan, drive the market's development. The application diversity spans household, technical, and fashion domains, with chemical fibers dominating material supply due to synthetic fiber demand. Hence, polyester and its recycled forms are gaining traction, while the demand for nylon escalates with expanding sportswear and automotive industries. Leading market players include Crossville Fabric Chile S.A., ECOCITEX, and HITEGA SA. These entities focus on quality, competitive pricing, and service improvement. The textile market continues adapting to shifting consumer preferences, regulatory frameworks, and growing environmental awareness, promising progressive market dynamics. Key Attributes: Report Attribute Details No. of Pages 110 Forecast Period 2025 - 2034 Estimated Market Value (USD) in 2025 $5393.03 Million Forecasted Market Value (USD) by 2034 $8224.17 Million Compound Annual Growth Rate 4.3% Regions Covered Chile Key Topics Covered: Market Overview and Stakeholder Insights Economic Summary Country Risk Profiles Chile Textile Market Overview Chile Textile Market by Material Cotton Chemical Wool Silk Others Chile Textile Market by Product Natural Fibres Polyester Nylon Others Chile Textile Market by Application Household Technical Fashion and Clothing Others Market Dynamics SWOT Analysis Porter's Five Forces Analysis Key Indicators for Demand Key Indicators for Price Trade Data Analysis (HS Code: 593) Price Analysis Competitive Landscape Supplier Selection Key Global Players Key Regional Players Key Player Strategies Company Profiles Crossville Fabric Chile S.A. ECOCITEX HITEGA SA Reginella For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Chilean Textile Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
07-07-2025
- Business
- Yahoo
Altri SGPS acquires controlling stake in AeoniQ to scale green fibre production
The investment by Altri, which includes a capital increase, is aimed at developing commercial-scale production capacity for AeoniQ, aligning with its strategy to diversify into high-value, environmentally friendly cellulosic applications. This move is seen as a 'decisive leap' into the sustainable textiles sector. AeoniQ, originating as a cleantech spin-off from HeiQ Materials in Switzerland, is claimed to have created the first climate-positive, biodegradable cellulosic filament yarn designed to replace traditional polyester and nylon. The AeoniQ platform offers a fully circular, plastic-free alternative that matches the performance of synthetic fibers without their environmental drawbacks. Industrialising AeoniQ in Portugal Under the agreement, the first industrial-scale AeoniQ facility will be built at Altri's Caima pulp mill, with construction slated to begin in 2026 and an initial production capacity of 1,750 tonnes annually. Complementing existing pilot lines in Austria, a pre-industrial plant will be established in Portugal by early 2026 to expedite prototyping and collaborations with brands. The joint venture, named AeoniQ, combines Altri's industrial capabilities with HeiQ's technological expertise—"A" for Altri and "iQ" for HeiQ. This partnership aims to integrate eucalyptus-based pulp into finished yarn production and later expand to include recycled materials such as cotton textile waste and bacterial cellulose from food waste. Sustainability aspect AeoniQ's cellulosic filament yarns are certified biodegradable across various environments by TÜV Austria and OEKO-TEX. These yarns are claimed to offer natural elasticity, softness, durability, and texturability, making them suitable for diverse applications such as lingerie, workwear, footwear, home textiles, medical apparel, and automotive interiors. Two independent Life Cycle Assessments indicate that AeoniQ cuts down CO₂ emissions by at least 3.2 kg per kg of yarn compared to polyester. The yarn has already been featured in four capsule collections by Hugo Boss and in Lameirinho's "vegan silk" bed linen line showcased at Heimtextil 2025. Strategic alliances to transform the textile ecosystem The AeoniQ joint venture is supported by global entities within the textile industry: German fashion brand Hugo Boss and MAS Holdings from South Asia are equity co-investors, while The Lycra Company holds exclusive distribution rights. Additional development partners include Riopele, Impetus, Lameirinho, Beste, Feinjersey, Taiana, Dolinschek, Aunde Group, Amann, and Strahle + Hess. Altri CEO José Soares de Pina said: "This agreement gives concrete form to Altri's strategy of moving up the value chain and investing in next-generation materials. "We are scaling a game-changing innovation that aligns perfectly with our commitment to build a more renewable world." HeiQ CEO Carlo Centonze said: "Altri's investment transforms AeoniQ from a market-proven innovation into a full-scale global production platform. Together, we are offering a market-ready solution to one of the planet's most polluting industries. 'The joint venture combines Altri's industrial expertise with HeiQ's innovation prowess to deliver a European-made sustainable textile." Beyond diversifying its operations, acquiring AeoniQ fits into Altri's strategy to enhance its role in the sustainable textile fibre sector. The group operates on bioeconomy principles using renewable resources from certified forests and transforming them through advanced industrial processes promoting circular economy principles. The acquisition's completion is contingent upon standard closing conditions typical for such transactions. The companies anticipate finalising this process by Q3 this year. "Altri SGPS acquires controlling stake in AeoniQ to scale green fibre production" was originally created and published by Just Style, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
01-07-2025
- Business
- Yahoo
Altri to Acquire a Majority Stake in AeoniQ™ to Scale World's First Industrial Production of Climate Positive Textile Yarn
ZÜRICH and PORTO, Portugal, July 1, 2025 /PRNewswire/ -- Altri SGPS S.A. ( a Portuguese-listed leader in sustainable cellulosic pulp production, has signed an agreement to acquire a majority stake in AeoniQ™ - marking a decisive leap into sustainable textiles. The Altri investment, including a capital increase, will allow building out commercial-scale AeoniQ™ production capacity, reinforcing its strategic vision to diversify into high-value, low-impact cellulosic applications. AeoniQ™, a Swiss-based cleantech spin-off of HeiQ Materials AG, has developed the world's first climate-positive, biodegradable cellulosic filament yarn engineered to replace polyester and nylon. The AeoniQ™ platform is poised to disrupt the global textile industry by offering a fully circular, plastic-free alternative that mirrors the performance of synthetic fibers - without their environmental toll. From Breakthrough to Scale: Industrializing AeoniQ™ in Portugal As part of the agreement, the world's first industrial AeoniQ™ plant will be constructed at Altri's Caima pulp mill. Construction is expected to begin in 2026 with an initial capacity of 1.750 tons per year. On top of the already existing pilot lines in Austria, a pre-industrial plant will be launched in early 2026 in Portugal to accelerate prototyping, brand partnerships, and capsule collections. The joint venture branded "AeoniQ," blends Altri's industrial expertise with HeiQ's technological prowess - "A" for Altri and "iQ" for HeiQ, a partnership for the next eon of mankind, the sustainable one! The venture will benefit from vertical integration of eucalyptus-based pulp to finished yarn, later expanding to incorporate recycled feedstocks such as cotton textiles waste, agricultural waste as well as bacterial cellulose derived from food waste. Sustainability and Performance with Market-Ready Validation AeoniQ™'s cellulosic filament yarns are fully biodegradable in marine, soil, freshwater, and industrial composting environments (certified by TÜV Austria and OEKO-TEX®). The product offers natural elasticity, softness, tenacity, and the unique ability to be textured—making it suitable for everything from lingerie and workwear to footwear, home textiles, medical apparel, and automotive interiors. Two independent Life Cycle Assessments confirm that AeoniQ™ reduces CO₂ emissions by at least 3.2 kg per kg of yarn compared to polyester. The yarn has already appeared in four capsule collections from Hugo Boss and in Lameirinho's "vegan silk" bedlinen line presented at Heimtextil 2025. Transforming the Textile Ecosystem Through Strategic Alliances The AeoniQ™ joint venture is backed by global players across the textile value chain: German fashion brand Hugo Boss and MAS Holdings, South Asias leading technical garment maker, are equity co-investors, while THE LYCRA COMPANY acquired exclusive distribution rights. Additional development partners include amongst others Riopele, Impetus, Lameirinho, Beste, Feinjersey, Taiana, Dolinschek, Aunde Group, Amann and Strahle + Hess. "This agreement gives concrete form to Altri's strategy of moving up the value chain and investing in next-generation materials," said José Soares de Pina, CEO of Altri. "We are scaling a game-changing innovation that aligns perfectly with our commitment to build a more renewable world." Carlo Centonze, CEO of HeiQ, added: "Altri's investment transforms AeoniQ™ from a market-proven innovation into a full-scale global production platform. Together, we are offering a market-ready solution to one of the planet's most polluting industries, textiles. The joint venture brings together Altri's industrial expertise and HeiQ's innovation prowess to deliver a European-made, sustainable, high performance and plastic-free textile." In addition to diversifying its operations, the acquisition of AeoniQ™ aligns with Altri's strategy to increase its involvement in the sustainable textile fibre sector and contribute to building a more renewable world. The group is founded on the principles of the bioeconomy, using renewable and recyclable resources from certified forests and transforming them through industrial processes aligned with the most efficient and environmentally advanced technologies, promoting circular economy principles. The completion of the acquisition is subject to the fulfilment of closing conditions, as is standard in transactions of this nature. The companies expect the process to be completed in Q3. About: HeiQ HeiQ is a global cleantech and biotech materials innovator headquartered in Switzerland that delivers over 200 patented technologies for textiles, cosmetics, hygiene, batteries, building materials, and more. HeiQ's purpose is simple: make everyday products better and longer-lasting by using Altri Altri SGPS S.A. is a leading European producer of cellulosic fibers from FSC and PEFC certified forests, operating three modern pulp mills with over 1.1 million tons in annual production capacity. The Group is also active in renewable energy from forest sources, particularly in industrial cogeneration using black liquor. Its forest strategy is based on the full use of all forest components: cellulosic fibres, black liquor, and forest residues. Committed to the bioeconomy and decarbonization, Altri is now expanding into sustainable textiles to reshape the future of AeoniQ™ AeoniQ™ is HeiQ's flagship textile innovation: a fully biodegradable, recyclable, plastic-free filament yarn made from renewable and circular cellulose feedstocks. Designed to replace heavily polluting and microplastic generating polyester and nylon, AeoniQ™ offers fashion and technical performance without environmental cost. Its independent corporate structure enables strategic investment and rapid CONTACTS HeiQ Group info@ 96 500 91 29 SOURCE HeiQ Materials AG Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
01-07-2025
- Business
- Yahoo
Altri to Acquire a Majority Stake in AeoniQ™ to Scale World's First Industrial Production of Climate Positive Textile Yarn
ZÜRICH and PORTO, Portugal, July 1, 2025 /PRNewswire/ -- Altri SGPS S.A. ( a Portuguese-listed leader in sustainable cellulosic pulp production, has signed an agreement to acquire a majority stake in AeoniQ™ - marking a decisive leap into sustainable textiles. The Altri investment, including a capital increase, will allow building out commercial-scale AeoniQ™ production capacity, reinforcing its strategic vision to diversify into high-value, low-impact cellulosic applications. AeoniQ™, a Swiss-based cleantech spin-off of HeiQ Materials AG, has developed the world's first climate-positive, biodegradable cellulosic filament yarn engineered to replace polyester and nylon. The AeoniQ™ platform is poised to disrupt the global textile industry by offering a fully circular, plastic-free alternative that mirrors the performance of synthetic fibers - without their environmental toll. From Breakthrough to Scale: Industrializing AeoniQ™ in Portugal As part of the agreement, the world's first industrial AeoniQ™ plant will be constructed at Altri's Caima pulp mill. Construction is expected to begin in 2026 with an initial capacity of 1.750 tons per year. On top of the already existing pilot lines in Austria, a pre-industrial plant will be launched in early 2026 in Portugal to accelerate prototyping, brand partnerships, and capsule collections. The joint venture branded "AeoniQ," blends Altri's industrial expertise with HeiQ's technological prowess - "A" for Altri and "iQ" for HeiQ, a partnership for the next eon of mankind, the sustainable one! The venture will benefit from vertical integration of eucalyptus-based pulp to finished yarn, later expanding to incorporate recycled feedstocks such as cotton textiles waste, agricultural waste as well as bacterial cellulose derived from food waste. Sustainability and Performance with Market-Ready Validation AeoniQ™'s cellulosic filament yarns are fully biodegradable in marine, soil, freshwater, and industrial composting environments (certified by TÜV Austria and OEKO-TEX®). The product offers natural elasticity, softness, tenacity, and the unique ability to be textured—making it suitable for everything from lingerie and workwear to footwear, home textiles, medical apparel, and automotive interiors. Two independent Life Cycle Assessments confirm that AeoniQ™ reduces CO₂ emissions by at least 3.2 kg per kg of yarn compared to polyester. The yarn has already appeared in four capsule collections from Hugo Boss and in Lameirinho's "vegan silk" bedlinen line presented at Heimtextil 2025. Transforming the Textile Ecosystem Through Strategic Alliances The AeoniQ™ joint venture is backed by global players across the textile value chain: German fashion brand Hugo Boss and MAS Holdings, South Asias leading technical garment maker, are equity co-investors, while THE LYCRA COMPANY acquired exclusive distribution rights. Additional development partners include amongst others Riopele, Impetus, Lameirinho, Beste, Feinjersey, Taiana, Dolinschek, Aunde Group, Amann and Strahle + Hess. "This agreement gives concrete form to Altri's strategy of moving up the value chain and investing in next-generation materials," said José Soares de Pina, CEO of Altri. "We are scaling a game-changing innovation that aligns perfectly with our commitment to build a more renewable world." Carlo Centonze, CEO of HeiQ, added: "Altri's investment transforms AeoniQ™ from a market-proven innovation into a full-scale global production platform. Together, we are offering a market-ready solution to one of the planet's most polluting industries, textiles. The joint venture brings together Altri's industrial expertise and HeiQ's innovation prowess to deliver a European-made, sustainable, high performance and plastic-free textile." In addition to diversifying its operations, the acquisition of AeoniQ™ aligns with Altri's strategy to increase its involvement in the sustainable textile fibre sector and contribute to building a more renewable world. The group is founded on the principles of the bioeconomy, using renewable and recyclable resources from certified forests and transforming them through industrial processes aligned with the most efficient and environmentally advanced technologies, promoting circular economy principles. The completion of the acquisition is subject to the fulfilment of closing conditions, as is standard in transactions of this nature. The companies expect the process to be completed in Q3. About: HeiQ HeiQ is a global cleantech and biotech materials innovator headquartered in Switzerland that delivers over 200 patented technologies for textiles, cosmetics, hygiene, batteries, building materials, and more. HeiQ's purpose is simple: make everyday products better and longer-lasting by using Altri Altri SGPS S.A. is a leading European producer of cellulosic fibers from FSC and PEFC certified forests, operating three modern pulp mills with over 1.1 million tons in annual production capacity. The Group is also active in renewable energy from forest sources, particularly in industrial cogeneration using black liquor. Its forest strategy is based on the full use of all forest components: cellulosic fibres, black liquor, and forest residues. Committed to the bioeconomy and decarbonization, Altri is now expanding into sustainable textiles to reshape the future of AeoniQ™ AeoniQ™ is HeiQ's flagship textile innovation: a fully biodegradable, recyclable, plastic-free filament yarn made from renewable and circular cellulose feedstocks. Designed to replace heavily polluting and microplastic generating polyester and nylon, AeoniQ™ offers fashion and technical performance without environmental cost. Its independent corporate structure enables strategic investment and rapid Photo - - CONTACTS HeiQ Group info@ 96 500 91 29 View original content to download multimedia: SOURCE HeiQ Materials AG Sign in to access your portfolio
Vogue
31-05-2025
- General
- Vogue
How to Wash Linen the Right Way
There's nothing cooler than wearing linen in the summer. That's not hyperbole: Science says that linen truly is the most comfortable fabric to wear in warm temps—even more so than cotton or silk. It makes sense: 'You can usually feel the texture: slightly crisp, cool to the touch,' says Melia Long, executive laundry professional at Poplin. 'It softens beautifully with time and wear.' As breezy as the fabric may be, taking care of your linen dresses, shirts, and matching sets doesn't always feel so effortless. Linen is prone to shrinking, wrinkling, and—because it often comes in white—staining. Why must all good things come with a catch? Not to fear. Below, laundry and fabric care experts share tips for how to wash linen, as well as tricks for preventing shrinkage and removing stains without stress. Let the easy-breezy days of summer—linen dressing—begin. What is linen made of? Linen is a natural fiber that comes from the flax plant, the same plant from which we get flax seeds. Flax has been grown for food and fiber for millenia—archealogists say there's evidence that people were cultivating it at least as far back as 36,000 years ago. 'It's one of the oldest and most sustainable textiles in the world,' explains laundry expert Alicia Sokolowski of AspenClean. 'The flax stalks are harvested, dried, and processed to extract long fibres, which are then spun into yarn and woven into fabric. Linen is natural, biodegradable, and loved for its strength, texture, and ability to wick moisture.' Does linen shrink? Linen can definitely shrink—'especially if it's not pre-washed before the first cleaning or if it's exposed to high heat,' Long says. The good news? Most linen clothing is made from pre-washed linen. Still, it's a good idea to exercise caution, since linen is a natural fiber and all. 'It's best to wash it gently in cool or lukewarm water and avoid high dryer settings to preserve its shape and size,' advises Sokolowski. Can you machine wash linen? Save your dry cleaning budget: Linen can be washed in the machine. 'Linen holds up well in the wash, and most modern linen pieces are machine-washable,' explains Long. 'Just make sure to use a gentle cycle, cold or lukewarm water, and a mild detergent. Over-agitating or using hot water can lead to shrinkage or fraying, especially along seams.' Can you put linen in the dryer? While you could put linen in the dryer, Long says it's 'not ideal if you're trying to preserve the garment long-term.' If you really want to speed up the drying process, however, she recommends using the dryer on low for a few minutes, or 'just enough to loosen up the wrinkles.' From there, you can hang the garment or lay it flat to dry. 'Linen dries quickly, so you don't need much heat to get the job done,' says Long. Is it best to hand wash linen? While it never hurts to be gentle with your favorite linen pieces, Sokolowski says that 'hand-washing your linen isn't necessary.' She advises doing it only for extra delicate or embroidered pieces. If you do decide to go the hand-washing route, use lukewarm water and a mild, natural detergent. 'Avoid wringing to prevent damaging the fibers,' Long adds. Do you ever need to dry clean linen? Most everyday linen items—like your wardrobe essentials, napkins, table cloths, and bedding—don't require dry cleaning. The exception? Tailored pieces featuring complex construction. 'Structured items like linen suits, jackets, or lined dresses may benefit from professional care,' says Long. 'Always check the care labels for guidance.' How to get stains out of linen? The key to getting stains out of linen is to act quickly. 'The sooner you treat the stain, the better,' Sokolowski says. Below, a step-by-step guide to getting stains out of linen:
