Business news

The price of polyamide (PA) 6.6 has increased by more than 40% since 2017 as availability of the material has declined, putting manufacturers of plastic parts for the automotive industry in serious

Gurit of Zurich, Switzerland, is to acquire all shares of core material kits supplier JSB Group Ringkøbing, Denmark, for £62.1 million (DKK520 million).  

At its headquarters in Redmond, Washington, USA, computer specialist Microsoft has made a significant investment in textile machinery over the past few years, including weaving and embroidery syste

The likelihood of increasing trade tariffs and a potential surge in construction costs owing to the buoyant US labour market are the factors behind Lenzing’s decision to temporarily mothball its ly

As part of its recently launched New Business and Innovation Division, sports gear brand Asics of Kobe, Japan, has announced that five businesses will benefit from its Tenkan-Ten

Nonwovens producer Suominen of Helsinki, Finland, is to increase prices for all of its products on 1 October 2018.

SABIC of Riyadh, Saudi Arabia, is to complete its purchase of a 24.99% stake in Clariant of Muttenz, Switzerland, after winning the necessary regulatory approvals.

A centre for the development of production processes, designs and pricing strategies for the manufacture of lightweight hybrid components, in particular for the automotive industry, has been opened

Stockholders of Xerium Technologies Inc have approved an acquisition agreement with Andritz AG proposed in June 2018.

Coloreel of Jönköping, Sweden, is to sell its thread-colouring unit in Europe through leading distributors of industrial embroidery machines and tex

The University of Massachusetts (UMass) Lowell’s Fabric Discovery Centre is a new research and development facility that brings together researchers, industry and public agencies to develop and man

Global chemicals producer Indorama Ventures has completed the acquisition of Avgol Industries, an Israel-based manufacturer of nonwoven hygiene fabrics.

Perlon, a supplier of synthetic filaments, says it is on track to complete its investments in its manufacturing capacities in Germany, the USA and China.

Teijin Frontier Co Ltd is to acquire J.H. Ziegler, a specialist in high-performance nonwovens based in Achern, Germany.

Kordsa SA of Izmit, Turkey, has announced the completion of its acquisition of two USA-based suppliers of custom-designed composite reinforcements for the aerospace sector.

Asahi Kasei has decided to buy Sage Automotive Interiors Inc, a manufacturer of materials for automotive interiors based in Greenville, South Carolina, USA.

Georgia-Pacific of Atlanta, Georgia, USA, has reached an agreement to sell Georgia-Pacific Steinfurt, the company’s European nonwovens business, to Glatfelter, a manufacturer of speciality papers a

FiberVisions Corp has received approval to expand its capacity for making bicomponent fibres at its plant in Covington, Georgia, USA.

A university spin-out business that specializes in developing high-performance nonwoven products has invested in a range of equipment and moved to a dedicated new facility in Leeds. UK.

Irving, Texas, USA-based Kimberly-Clark is to spend $30 million for expansion and improvements to its nonwovens manufacturing facility in Hendersonville, North Carolina, USA.

Bangkok, Thailand-based petrochemicals producer Indorama Ventures (IVL) is to acquire a 65.72% stake in Israel’s Avgol Industries, a producer of nonwovens for hygiene applications.

A unique high-pressure resin-transfer moulding (HP-RTM) and composite press facility at the University of Sheffield’s Advanced Manufacturing Research Centre (AMRC) Composites Centre in the UK is no

New Silkroutes Group of Singapore has announced it is acquiring two Shanghai, China-based makers of medical consumables for S$65 million (US$49 million).

Lectra has become the sole supplier of high-ply cutting equipment and services for Dual’s seating and interiors business, and laser cutting equipment and services for the company’s airbag cushion b

DSM has successfully defended its patent on its ultra-high molecular weight polyethylene (UHMWPE) Dyneema Force Multiplier Technology for soft body armour.

SGL Carbon has sold its 51% shareholding in the SGL Kümpers joint venture to Kümpers GmbH and Franz-Jürgen Kümpers. 

Berry Global Group Inc of Evansville, Indiana, USA, has agreed to pay US$475 million to acquire Clopay Plastic Products Co Inc of Mason, Ohio, USA, on a debt-free, cash-free basis.

Ontex Group of Erembodegem, Belgium, is to build a new production plant in Radomsko, Poland, to further expand its personal hygiene business.

BeoCare Group, a North American manufacturer of knitted medical textiles, and Dusino San Michele, Italy-based FRA Production have entered into a strategic alliance.

The Board of Directors of Tokyo, Japan-based Toho Tenax Co Ltd has elected one of its members, Shukei Inui, to be its President effective from 1 April 2017. 

Shareholders in Ahlstrom and Munksjö have given the go-ahead to the proposed merger of the two companies.

On 13 December 2016, Huesker Inc officially opened its new geotextile production plant in Shelby, North Carolina, USA.

Responsibility for Teijin Group’s aramid fibres business is to be separated from that for its industrial polyester (PES) fibres according to a reorganization announced by the Tokyo, Japan-based Gro

Lenzing is investing €100 million to increase production capacity for its speciality fibres.

Sandler has officially inaugurated the latest production facility at its headquarters in Schwarzenbach, Germany.

Productos Familia of Colombia, of which SCA is the owner of 50% of the shares, has been found guilty in another anti-trust inquiry related to baby diapers.