Tag: Polyester Crisis

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Filatex India is transitioning from a traditional yarn manufacturer to a leader in the circular economy, with its upcoming ECOSIS platform serving as the cornerstone of its sustainable growth strategy.

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Business
Corporate

Filatex India Q4 net profit declines by 27% on account...

Mumbai: Filatex India Limited’s Q4 FY26 net profit declined 27.27% to ₹40.25 crore from ₹41.38 crore in the same period last year. Its revenue for the quarter also declined 6.12%...

By Abizar Attari
May 2, 2026

Surging oil prices and supply disruptions trigger a polyester crisis, impacting Surat’s textile hub and global fashion brands.

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Business
World

The 2026 Polyester Shock: A Systemic Crisis in Global Apparel

The US Iran war has evolved from a regional geopolitical event to a global crisis for the textile and apparel industries. As global data collectors monitor the kinetic aspects of...