World

New Mexico Homebuilders Group Supports Mandatory New-Home Warranty

Published

6 years ago

March 14, 2019

MEXICO CITY – Raising the concerns over warranty of new homes in New Mexico, homebuilders demands the inclusion of 2-10 homebuyers warranties. The motive of this move is to give a guarantee for homeowners on various grounds on new homes. Currently, there is no guarantee for new homes in the state of New Mexico, and if the legislation proposed by the New Mexico Home Builders Association get approved by the governor of the state.

Currently, home builders and constructors face legal actions if there is any defect discovered in the new homes. After the passing of this legislation, the matter will only be left between customers and builders instead of involving courts in such matters. The Home Warranty Act is presented in House Bill 632 and it is sponsored by Rep. Patricio Ruiloba, D-Albuquerque. It was introduced on Feb. 14 and sent to the House Commerce & Economic Development Committee.

The proposed bill contains warranty in three components and would be known as “2-10 warranty.” And once it is approved, this would come under the jurisdiction of the New Mexico Superintendent of Insurance. The third party home construction warranty companies would provide the warranties and it would be paid for by builders without charging any additional cost to homeowners. New Jersey Home Warranty is one example among the 10 states which has already enacted this law.

Gary W. Moselle, a California attorney specializing in the state-specific construction contacts said that this would be a unique act to be implemented among the 50 states. This would not charge any additional amount to homeowners. Also, it would be possible to address construction deficiencies more appropriately. After this act, builders will get the right to inspect the shortcomings and defects in the construction work.

World

Turkish Textile Giant Sun Textile Solution Proposal for Drought

Published

3 months ago

February 4, 2025

Jenny Jackson

While the World Health Organization (WHO) and the United Nations (UN) are seeking solutions to combat drought through various projects, Ekoten Textile, a subsidiary of Turkey’s textile giant Sun Textile, has developed a groundbreaking project in collaboration with a technology startup to minimize the intensive water consumption in the textile industry. This pioneering project, the first of its kind globally, will enable the recycling and reuse of up to 90% of the water used in textile production.

Drought is one of the most pressing issues facing the world today. According to WHO data, 40% of the global population is struggling with water scarcity. By 2030, up to 700 million people could be forced to migrate due to drought. The unconscious use of water in global production processes plays a significant role in the rapid depletion of clean water resources.

The textile industry is one of the sectors with the highest water consumption. In Turkey, while the food industry consumes 22% of the water used for industrial purposes, the textile sector follows closely with 18%. For instance, producing an average of 40 tons of products daily requires 2,500 tons of water, equivalent to the daily water consumption of approximately 10,000 people.

CLEAN WATER RESOURCES FOR HUNDREDS OF THOUSANDS OF PEOPLE EVERY DAY!

In textile production, where clean water resources are heavily consumed, the innovative success of the Turkish company stands out as a global best practice. This initiative will shape the future of the industry. The wastewater recycling project, developed through intensive R&D efforts, will ensure that over 90% of the required water is sourced from recycled supplies.

The reuse of wastewater in production will transform the fate of countries operating in the textile sector. By preventing the use of clean water resources for textile production, this project will free up clean water sources that can meet the daily needs of hundreds of thousands of people.

R&D ACTIVITIES IN 38 COUNTRIES WITH 380 PARTNERS!

Sun Textile places great emphasis on R&D activities, conducting research and development efforts with 380 partners across 38 countries. Sun Textile and its subsidiary Ekoten Textile export nearly 90% of their production, solidifying their identity as a leading exporter. The company ships products to numerous destinations worldwide, including European countries, the UK, and the US. Sun Textile, the leading ready-to-wear exporter in the Aegean Region, achieved a consolidated turnover of 250 million euros in the third quarter of 2024, continuing its active growth trajectory.

OFFERING CUSTOM DESIGNS TO CUSTOMERS

Sun Textile provides its own designed collections to leading brands in Europe and the UK. Ekoten Textile, its subsidiary, is among the most respected knitted fabric manufacturers in Turkey and Europe.

With a dedicated sales team for each major customer group and five design offices in three different countries, Sun Textile creates designs tailored to its customers’ needs. Its largest clients include the Inditex Group, H&M, Jimmy Key, Tesco, Kiabi, Marks & Spencer, and Next.

Sun Textile also extends its sustainability approach to social responsibility, notably for its high ratio of female employees. The company, which went public in 2022, is also listed in dividend indexes.