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IN2MF 2024 sets world record with 1,550 designers' fashion attires of 208 Indonesian brands and 10 international designers.

Business

IN2MF 2024 sets world record with 1,550 designers' fashion attires of 208 Indonesian brands and 10 international designers.
Business

Business

IN2MF 2024 sets world record with 1,550 designers' fashion attires of 208 Indonesian brands and 10 international designers.

2024-11-22 09:09 Last Updated At:09:25

JAKARTA, Indonesia, Nov. 22, 2024 /PRNewswire/ -- Indonesia International Modest Fashion Festival (IN2MF) 2024 has set a new world record for the Wastra-Based Modest Fashion Festival celebrating the Most Collections, with 1,550 fashion attires of 208 Indonesian brands and 10 international designers' works. This achievement was officially recognized by Indonesian Record Museum (MURI) during the event, held from October 30th to November 3rd, 2024, at Jakarta Convention Center (JCC), Senayan, Jakarta.

Organized by Bank of Indonesia, the Ministry of Micro, Small, and Medium Enterprises (MSMEs), and Indonesian Fashion Chamber (IFC), IN2MF 2024 was one of the highlights of Indonesia Sharia Economic Festival (ISEF), 2024. The festival aimed to integrate Indonesia's modest fashion ecosystem and promote a sustainable, resilient sharia economy.

Carrying the theme "Elevating Sustainable Modest Fashion to The Global Stage", IN2MF 2024 emphasized sustainability, innovation, and inspired by the use of traditional Indonesian textiles. The event showcased batik, songket, ikat, ATBM weaving, and eco-friendly materials celebrating Indonesia's rich cultural heritage. In addition to 208 Indonesian designers, the festival also featured 10 international designers from Malaysia, South Africa, Australia, India, Italy, Russia, Turkey, Spain, the UAE, and Jordan, underscoring the global appeal of modest fashion.

A major highlight of the event was the Business Matching Traditional Textiles program, which connected designers with artisans, fostering collaboration and creating new business opportunities. Additionally, a series of seminars and Focus Discussion Groups (FGDs) explored important themes in modest fashion, including innovation, sustainability, trend forecasting, and the challenges in modest fashion business.  These initiatives were designed to further strengthen the industry and promote growth through meet, knowledge-sharing and collaboration.

In terms of business impact, IN2MF 2024 proved successful, with total commitments, sales, and financing reaching 72.9 billion Rupiah. This includes business matching and collaborations with key partners. When factoring in global initiatives in markets such as Abu Dhabi, Kuala Lumpur, Istanbul, and Paris leading up to the festival, the total value generated reached to 258.7 billion Rupiah.

This year's, 2024 IN2MF not only highlighted Indonesia's leadership in sustainable modest fashion but also celebrated the dynamic intersection of tradition, innovation, and business; the World Record achievement further cements Indonesia's position as a global hub for the modest fashion industry.

About IN2MF
The Indonesia International Modest Fashion Festival (IN2MF) is an annual event dedicated to promoting modest fashion globally, with a focus on sustainability, innovation, and traditional textiles. The festival brings together designers, artisans, and industry leaders to foster growth within the modest fashion sector.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

IN2MF 2024 sets world record with 1,550 designers' fashion attires of 208 Indonesian brands and 10 international designers.

IN2MF 2024 sets world record with 1,550 designers' fashion attires of 208 Indonesian brands and 10 international designers.

SEOUL, South Korea, Nov. 22, 2024 /PRNewswire/ -- Hanwha Power Systems Co., Ltd. (CEO: Justin (Koo Yung) Lee) today announced that it has signed a Memorandum of Understanding (MOU) with TC Energy for business cooperation in developing an sCO2 WHR (Waste Heat Recovery) project which will utilize the heat stream at a natural gas pipeline compressor station. 

The MOU outlines the installation of an sCO2 power generation system at a compressor station owned and operated by TC Energy in the state of West Virginia. The system will recover the unused waste heat exhaust from a gas turbine compressor set, and provide a lower cost, carbon free renewable generation solution.

Hanwha Power Systems plans to secure this sCO2 commercialization project as a foundation for expanding its sCO2 power generation business in the North American pipeline market. This project is a significant advancement towards proving commercial viability and opening the door to large scale deployment in the industry.

Justin (Koo Yung) Lee, CEO of Hanwha Power Systems, stated, "This MOU with TC Energy brings us one step closer to the successful commercialization of sCO2 power generation systems. We will continue to contribute to carbon reduction in the oil and gas market by successfully expanding the application of sCO2 power generation systems across a wide range of compressor stations." Hanwha is excited moving forward as this partnership shall accelerate Hanwha Power Systems' progress towards becoming a global leader in clean power generation solutions.

Hanwha Power Systems is Korea's leading industrial compressor supplier and a provider of sCO2 power generation systems and hydrogen/ammonia gas turbine solutions. The company is actively expanding its clean power generation and energy solutions business to lead the carbon-neutral era.

sCO2 (Supercritical CO2) is a fluid that, under conditions exceeding 31°C temperature and 74 bar pressure, exhibits both the properties of a liquid and a gas. The sCO2 power generation system combines this characteristic of supercritical CO2 with Hanwha Power Systems' integrally geared turboma chinery technology, maintaining the sCO2 in a closed-loop system and enabling a highly efficient, compact, modular, and 100% water-free power generation system using waste heat without burning additional fossil fuels.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Hanwha Power Systems signs MOU with TC Energy to accelerate commercialization of sCO2 power generation

Hanwha Power Systems signs MOU with TC Energy to accelerate commercialization of sCO2 power generation

Hanwha Power Systems signs MOU with TC Energy to accelerate commercialization of sCO2 power generation

Hanwha Power Systems signs MOU with TC Energy to accelerate commercialization of sCO2 power generation

Hanwha Power Systems signs MOU with TC Energy to accelerate commercialization of sCO2 power generation

Hanwha Power Systems signs MOU with TC Energy to accelerate commercialization of sCO2 power generation

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