Home / Knowledge / News / Textiles / ITG and Alexium sign MOU for product development
ITG and Alexium sign MOU for product development
29
Mar '11
Alexium International Group Limited announced the signing of a Memorandum of Understanding Agreement with the International Textile Group (ITG). The Agreement sets out terms for ITG and Alexium to work collaboratively on several product development initiatives and establishes ITG as Alexium's preferred fabric supplier to satisfy current and future bids in commercial and defence markets.

ITG is an industry-leading fabric manufacturer and finisher with worldwide operations, including Burlington Worldwide, Carlisle Finishing, Cone Denim & Decorative Fabrics, Narricot, and Safety Components. ITG and subsidiaries shave operations in United States, Mexico, China, Nicaragua, Vietnam and India.

Alexium has successfully demonstrated the performance and advantages of its Reactive Surface Technology RST (Reactive Surface Treatment) in a number of applications and is currently involved in several ongoing demonstration projects for commercial and defence customers. This agreement with ITG will leverage capabilities and resources, and accelerate the adoption rate of RST technology in the textile market.

Stefan Susta, Executive Director and COO of Alexium International noted, “In addition to being a well-established worldwide supplier of quality fabrics, we view ITG as a strategic partner for developing new product lines that incorporate RST (Reactive Surface Treatment) technology, ultimately leading to a licensing deal. We see a lot of synergy between the two companies moving forward, and appreciate their interest to develop innovative products with our process.”

Alexium's patented RST (Reactive Surface Treatment) technology is a protective treatment that can be applied to apparel and other textiles to provide multifunctional properties such as chemical and biological protection, flame retardance, water proofing and oil repellency.

Alexium has recently signed a MoU with Bruck textiles to partner in the Australian market and is working with SSM Industries in Tennessee, a leading supplier of flame retardant apparel, under a license option agreement. Alexium continues to be actively involved in US Department of Defence tenders in the area of specialty protective apparel and recently partnered with ITG in a bid to supply the outer shell fabrics for the Uniform Integrated Protection Ensemble program, a lightweight chemical/biological protection suit for the US Department of Defence.

Alexium International Group Limited holds proprietary patent applications for a process developed initially by the US Department of Defence , which allows for the surface modification and attachment of nano particles or multiple chemical functional groups to surfaces or substrates to provide functions such as water proofing, oil proofing, antimicrobial, non-stick and UV protection. Applications under development include but are not limited to textiles, paints, packaging, glass and building materials.

International Textile Group - International Textile Group Inc., majority owned by WL Ross & Co LLC., is a diversified textile manufacturer with 2008 annual revenues exceeding $1.0 Billion.


Must ReadView All

US merchandise trade with India, 2012–16; Courtesy: USITC

Textiles | On 27th Jul 2017

India becomes US’ 9th largest trading partner in 2016

In 2016, India became the United States’ 9th-largest single-country...

Textiles | On 27th Jul 2017

GST will lead to further increase of MMF prices

The Goods & Services Tax (GST) rolled out on July 1, 2017 is not...

Textiles | On 27th Jul 2017

Global yarn production improved 30% q-o-q in Q1: ITMF

In the first quarter of 2017, global yarn production rose by almost...

Interviews View All

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X