Euratex news and archive

Mario Jorge Machado elected President of EURATEX

Portuguese textile entrepreneur, Mario Jorge Machado, has been elected President of EURATEX during its General Assembly on 14 June. The Assembly also nominated Alberto Paccanelli as Honorary President. Mario Jorge Machado has an extensive career in textiles. Mario is currently a shareholder and director of "Adalberto Textile Solutions, S.A.",...

BusinessPress Release

Rehubs officially welcomes its first partners and kick starts operations

During its first General Assembly, 18 European companies and organisations have formally joined ReHubs. They represent different segments of the circular textile value chain and share a common commitment to invest in textile recycling capacity in Europe. Additional partners are expected in the near future as ReHubs is receiving a widespread...

Business

Euratex calls for European production to be restarted

'Re-launch European manufacturing and ensure it remains competitive in the decades to come,' echoes the call from Euratex and Spanish Intertextile Council (CIE). The two organisations are calling on the EU Presidency to bring manufacturing and production capacity back to Europe. Explanation 'EU Presidency' refers to the presidency of the Council...

BusinessPress Release

EURATEX and CIE calls the EU Presidency to relaunch the European manufacturing industry

Ahead of your extra-ordinary Council on 6 October in Granada, EURATEX President, Alberto Paccanelli, and CIE President, Jose Vte Serna, call on the EU Presidency to develop a new competitiveness strategy, which can relaunch the European industry and ensure it will remain competitive in the decades to come. This means bringing together trade,...

BusinessPress Release

Launch of ReHubs Europe: European industry moving fast on textile waste recycling

At a kick off meeting hosted by Mango, EURATEX and 20 incoming members proudly presented ReHubs Europe, a new international non-profit organisation poised to give a boost to the textile recycling. The launch follows 3 years of intense preparation, and the publication of a Techno-Economic Study, which analysed the business case, cost and...

Fashion

European Parliament backs new ecodesign standards, Euratex raises concerns

As part of Europe’s broader crack down on unsustainable practices across industries, the EU Parliament has agreed on its negotiating position for new ecodesign standards to ensure products last longer and can more easily be repaired, upgraded, and recycled. The EU Parliament’s proposed law, which is part of its wider circular economy package,...

BusinessPress Release

European textile industry increasingly exposed to global pressure

European textile industry is exposed to global pressures more than ever before; policy makers need to consider that global dimension. EURATEX released today its 2023 Spring Report, which analyses latest trade flows for textiles and clothing products. In 2022, EU trade in textiles and clothing has exceeded, for the first time in history, the €200...

BusinessPress Release

New European initiative to support SMEs in transforming textile waste into value

Today, 43 partners of the RegioGreenTex project met in Brussels to kick start a three year project that should change the way we manage textile recycling. Regions for Green Textiles – known as RegioGreenTex – is a quadruple-helix partnership initiative aiming at mapping and reducing the difficulties, which currently exist in the implementation...

BusinessPress Release

EU Energy Council: EURATEX welcomes progress on the energy market reform

On Monday, the European energy ministers reached an agreement on a price cap for natural gas wholesale prices. Despite welcoming the adoption of the instrument and the prospect to limit gas price speculations on the stock market, EURATEX considers the cap at 180 €/MWh to be still too high. Also, the complexity of the conditionalities triggering...

BusinessPress Release

The EU Textiles industry is highly concerned about the potential loss of competitiveness by the EU’s inaction of the energy crisis

Following yesterday’s European Council summit and its conclusions on the measures to tackle the energy crisis, the European textiles industry is extremely concerned about the fast loss of competitiveness of Europe and demands urgent action to save the industry. The chain of factors determining this sharp decline in our competitiveness is...

RetailPress Release

Joint SSDC Textiles & Clothing Statement: An ambitious European industrial policy for a competitive, sustainable textiles and clothing sector

The European textiles and clothing sector is set for a major transformation which will affect both industry and workers. The EU’s strategy for sustainable and circular textiles aims to ensure that by 2030, textile products placed on the EU market are long-lived and recyclable with the industry moving from a linear to a circular business model....

BusinessPress Release

The European Commission proposes a price cap on wholesale gas at 275€/MWh that is disappointing for European textiles and clothing manufacturers

On Tuesday, EURATEX stated in a letter to EC President, Ursula von der Leyen, that any price cap above the level of 80€euro/MWh would not help the EU industry – the textile sector in particular – to survive the current crisis. Indeed as early as July 2021, the wholesale gas price in the EU was below 30€/MWh. Now, the EU industry is facing gas...