fashion accessories news

29th Jul 2021

CVC Capital Partners plans to sell AOC, a producer of specialty resins, to an affiliate of Lone Star Funds. The planned transaction is subject to AOC workers' councils consultation and approval from relevant regulatory authorities. AOC sells specialty products for the automotive, marine, corrosion, construction, and infrastructure segments globally.

29th Jul 2021

Continuous Composites, an innovator in the additive manufacturing industry headquartered in the US, has announced the successful closing of its $17 million series A financing led by B. Riley Venture Capital (BRVC), a subsidiary of B. Riley Financial. The latest investment follows prior funding rounds led by strategic partners, Arkema and Saint-Gobain.

28th Jul 2021

Fully automated Dieffenbacher sheet molding compound (SMC) lines are becoming increasingly popular among the parts suppliers for the automotive, logistics and construction industries. This is because these lines speed up production, reduce scrap costs and increase output. SMC processes are used by automotive parts suppliers to make composite components.

28th Jul 2021

With lacklustre sales of commercial carpet tiles and wall coverings and drop in domestic and overseas automobile related sales due to global economic slowdown, Suminoe Textile, a Japanese manufacturer and seller of interior products, posted 12.9 per cent fall in its sales to ¥79.7 billion during FY21 ended on May 31, 2021, against ¥91.5 billion in FY20.

27th Jul 2021

The 11th edition of RISE (Research, Innovation, & Science for Engineered Fabrics) conference, will be held from September 28-30, 2021 virtually. Industry technical leaders will provide insights into material science developments advancing sustainability at the forum. It is co-organised by INDA, The Nonwovens Institute, and North Carolina State...

27th Jul 2021

Albany International, a US-based manufacturer of engineered components, has reported 4 per cent sales growth to $234.5 million in second quarter (Q2) of FY21 ended on June 30, 2021, compared to $225.9 million in the corresponding period of prior fiscal. The Engineered Composites segment's sales marginally improved to $74.6 million ($72.5 million).

27th Jul 2021

Kimberly-Clark Corp, a manufacturer of personal care products and operator of non-woven fabric mills, reported 2 per cent sales growth to $4.7 billion in second quarter (Q2) FY21 ended on June 30, 2021, compared to sales of $4.6 billion in same period prior year. However, net income for the quarter slipped 41 per cent to $410 million (Q2 FY20: $692...

27th Jul 2021

Switzerland-based global mechatronics solution provider Staubli will exhibit its machinery range dedicated to technical textiles at the German Pavilion booth 1315 at Techtextil North America, an international exhibition to be held from August 23-25 in the US. Staubli offers innovative machinery systems and solutions for high quality textile production.

27th Jul 2021

Rassini, a Mexican leader in composite vehicle suspension systems, has selected advanced composites leader, Hexcel's, HexPly M901 prepreg system, to speed up product development cycles. It provides an easy-to-process material solution that reduces overall time to market and enables effective early-stage design screening and cost-effective production.