[pageLogInLogOut]

#Textile chemistry

Update on DyStar’s transition to full ownership of Zhejiang Longsheng Group

DyStar, a leading specialty chemical company with a heritage of more than a century in product development and innovation, wishes to provide an update on the progress of Share Purchase Agreement signed for the acquisition of 37.57% of the issued share capital of DyStar Global Holdings (Singapore) Pte Ltd.



1. Zhejiang Longsheng Group Co., Ltd. has paid a deposit of USD 3,482,739 into the escrow account and submitted the required filing documents to the National Development and Reform Commission and the Ministry of Commerce. As of this date, these filings remain pending.

2. On November 4, an extension of the final deadline was mutually agreed via email between Zhejiang Longsheng Group Co., Ltd. and the Receivers (appointed by Deloitte & Touche Financial Advisory Services Pte Ltd), extending the deadline to December 1, 2025.

3. An additional USD 5,112,156 deposit is required to be transferred to the escrow account within 10 working days following November 3, 2025.

4. A supplemental agreement will be carried out to formally document this extension.

Mr. Xu Yalin, Managing Director and President of DyStar Group, stated: “DyStar remains confident in Zhejiang Longsheng Group’s ability to advance the transaction and complete the necessary regulatory filings and approvals from government authorities.”

DyStar is committed to transparency and to ensuring accurate information is communicated to all stakeholders and interested parties in a timely manner.



More News from DyStar Singapore Pte Ltd

#Textile chemistry

DyStar Group announces Board transition to drive innovation

DyStar, a leading specialty chemical company with a heritage of more than a century in product development and innovation, announced today the appointment of Ruan Cunfan to its Board of Directors, effective 20 February 2026.

More News on Textile chemistry

#Sustainability

bluesign technologies introduces bluepass

bluesign technologies ag (www.bluesign.com) today announces the launch of bluepass, a new certification mark and product labeling system created to deliver clear, substantiated, and verifiable sustainability claims at scale.

#Textile chemistry

Officina39 expands in South Asia with dual trade show presence and new low-impact dyeing innovation

Officina39 reinforces its strategic expansion in South Asia by announcing its participation in two key textile industry events in Bangladesh and India, alongside the launch of a new solution designed to reduce the environmental impact of reactive dyeing.

#Techtextil 2026

Speed and connectivity: Techtextil and Texprocess provided market-ready solutions for industries under pressure

With more than 36,000 visitors and 1,700 exhibitors from a total of 112 countries, Techtextil and Texprocess 2026 demonstrated how innovation comes into industrial use. The convergence of research, industry and application proved to be a breeding ground for new material solutions, manufacturing and processing technologies. Natural fibres, performance apparel, connected systems and AI-driven processing technologies emerged as key growth and future markets.

#Techtextil 2026

RUDOLF is pioneering the future of technical textiles by developing innovative, functional solutions

At Techtextil 2026, RUDOLF presents its latest innovations for textile auxiliaries, textile care and construction chemicals. Based in Geretsried, Bavaria, the company draws on more than 100 years of experience and continues to position itself as a global technology partner focused on quality, innovation and sustainability.

Latest News

#INDEX 2026

“We clearly see that reliability, flexibility, service and total cost of ownership are becoming increasingly important again.”

The nonwovens industry continues to face a challenging market environment. Nevertheless, AUTEFA Solutions reports successful projects, new line sales and growing demand for energy-efficient and flexible solutions. In this interview, André Imhof of AUTEFA Solutions talks about competitiveness against Chinese suppliers, new service and recycling concepts, the growing importance of application development and the opportunities created by countercyclical investments.

#INDEX 2026

“Needle punching technology is more universal and sustainable than ever!”

Needle punching technology was long regarded as a rather traditional and comparatively slow technology within the nonwovens industry. In this interview, Johann Philipp Dilo explains why needle punching is more relevant than ever today – ranging from energy efficiency and resource conservation to hygiene applications, new machine concepts and design-oriented nonwoven solutions.

#Research & Development

Textile climate control system in workwear – exhibition at the 2026 SME Innovation Day!

Conventional protective workwear often reaches its limits during strenuous physical activity. In particular, the transport of sweat and excess body heat poses a problem. The German Institutes of Textile and Fiber Research (DITF) conducted research on flow-optimized, air-conducting textile structures that enable targeted climate control directly on the body. These structures can be integrated straight into protective work garments. The textile climate control system supports the body’s natural thermoregulation. This contributes to improved workplace safety and comfort.

#Nonwovens

PET spunbond from China – EDANA welcomes imposition of provisional anti-dumping measures

On 13 May 2026, after eight months of investigation, the European Commission imposed provisional anti-dumping duties of 45.6-50.0% on imports of PET spunbond from China. EDANA welcomes this expression of the Commission’s clear determination to protect EU industries from the unfair trade practices of Chinese producers.

TOP