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Pic: Polygiene Polygiene, a Swedish leader in odour control technologies has published results for its fourth quarter (Q4) FY20 ended on December 31, 2020. Net sales for the quarter GREW 40 per cent to SEK 26.6 million (Swedish krona) compared to SEK 19.0 million in the same period prior fiscal. Company incurred a loss of SEK 3.2 million (Q4 FY19: SEK 1.8 million). During Q4 FY20, Polygiene launched its newly developed formula of ViralOff with lifetime of garment washability, proving performance against SARS-CoV-2 with over 99 per cent reduction of microbes in the material within two hours, as company stated in a press release. Company’s operating loss was SEK 2.4 million (SEK 2.2 million), while loss after financial items was SEK 2.9 million (SEK 1.8 million).
In 2020, the number of GOTS certified facilities have reported a growth by 34 per cent globally, to a new high of 10,388 from 7,765 in 2019. 16 GOTS approved certification.
Vietnam s growth prospects will depend on how well and quickly its government will bring the new coronavirus outbreak under control and how quickly international and national.
TreeToTextile, owned by H&M Group, Inter IKEA Group, Stora Enso, and LSCS Invest, is building a demonstration plant in Sweden, in a next step towards commercialising a new.
TreeToTextile, owned by H&M Group, Inter IKEA Group, Stora Enso, and LSCS Invest, is building a demonstration plant in Sweden, in a next step towards commercialising a new.