TEXTILE CHEMICALS MARKET ANALYSIS

Market News

Recent Developments:

Global Textile Chemicals Market: Key Developments

• In June 2023, Archroma and Somelos joined forces to advance sustainable cotton processing. Their collaboration aims to introduce a finishing process and a water-saving dye that eliminates wastewater generation. This initiative underscores their commitment to textile industry sustainability, developing eco-friendly solutions to conserve resources and promote environmental cleanliness.
• In February 2021, Dow introduced innovative durable water repellent finishing to enable increasingly sustainable textiles. The Dow Chemical Company is a U.S.-based multinational corporation and the company is among the three largest chemical producers in the world. It is the operating subsidiary of Dow Inc., a publicly traded holding company incorporated under Delaware law.
• In January 2020, DOMO Chemicals acquired Solvay, a chemical company mastering the elements that are essential for a sustainable world. It links back to its founder Ernest Solvay who mastered the soda ash process by achieving a technological breakthrough, which has enabled many other disruptive innovations Solvay’s Performance Polyamides Business in Europe. This business includes engineering plastics operations in France and Poland; high-performance fibers in France; polymer and intermediate operations in France, Spain, and Poland. DOMO Chemicals is a leading producer of high-quality engineered nylon materials for a diverse range of markets including the automotive, food, medical, and pharmaceutical, chemicals and electronics industries.