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Can India's defence export boom bolster technical textile exports?

14th Feb 2024

India's defence exports surged to ₹16,000 crore in 2023, marking a historic achievement and solidifying its position as a global defence player. Supported by initiatives like the NTTM, the country's technical textiles industry is poised for significant growth. With a focus on protective textiles, India aims to bolster its share in the global market.

Pic: NASA
US’ Collins Aerospace tests NASA Space Station Suit in weightlessness

13th Feb 2024

Collins Aerospace has achieved a significant milestone in NASA's design process, completing a fit and functionality test for a next-generation spacesuit intended for use on the international space station. This milestone, conducted in a microgravity-like environment, advances NASA's goal of developing a new spacesuit to replace current models.

Pic: Adobe Stock
US’ INDA shifts focus to sustainability as key initiative for 2024

13th Feb 2024

INDA prioritises sustainability in 2024, focusing on responsible sourcing, end-of-life solutions, and sustainability innovations. Initiatives include webinars, committees, a sustainability report, and special journal editions. INDA commits to long-term sustainability efforts, aiming to expand influence and engage stakeholders beyond the industry.

Pic: Ontex
Belgian firm Ontex’s like-for-like revenue soars 10% in FY23

13th Feb 2024

Ontex reported a 10 per cent YoY like-for-like revenue increase to €1,795 million in FY23, driven by a 9 per cent price rise. Adjusted EBITDA surged 67 per cent to €174 million. Total revenue reached €2,342 million, including €547 million from discontinued operations. Q4 revenue was stable at €446 million, with adjusted EBITDA up 16 per cent YoY.

Pic: Oerlikon
Oerlikon Barmag to showcase pump portfolio at UTECH Europe

12th Feb 2024

Oerlikon Barmag will exhibit its pump lineup at UTECH Europe from April 23-25. This exhibition will offer a platform to show innovations and networking within the sector. With PUR playing a vital role in sectors like automotive, medical technology, and insulation, Oerlikon Barmag's precision gear pumps offer tailored solutions for complex...

Pic: Ontex
Belgium’s Ontex receives A-rating for transparency on climate action

12th Feb 2024

Ontex has achieved an A-rating from Carbon Disclosure Project (CDP) for climate change leadership, ranking in the top 6 per cent of 23,000 evaluated companies. CEO Gustavo Calvo Paz highlights a 50 per cent reduction in carbon emissions in three years. Ontex sources over 90 per cent of electricity globally and 100 per cent in Europe, from renewable ...

Pic: A.Celli Group/INDA
US’ A.Celli starts slitter rewinder for Allmed Medical Products

9th Feb 2024

Allmed Medical Products Co Ltd has accepted the slitter rewinder of A.Celli, achieving mutually satisfying results. The E-Wind Sonic machine features a 4600mm width, 1500 mpm design speed, and automatic shaft handling system with robot. Installed downstream of a Reicofil line, it complements an existing A.Celli E-Wind Wave master roll winder.

Pic: Glatfelter
US’ Berry Global, Glatfelter merge to form specialty materials firm

9th Feb 2024

Berry Global, Glatfelter Corporation merge majority of health, hygiene, specialties segment to form leading specialty materials company. Transaction has been approved by both boards. NewCo will serve markets with a diverse product suite, focusing on innovation, sustainability. Berry will shift to pure-play packaging, while Glatfelter will remain...

Pic: INDA
Registration opens for WOW International Conference 2024 in US

9th Feb 2024

INDA has announced the registration for WOW International Conference 2024, focusing on wipes innovation and sustainability. Industry leaders like Clorox, Kimberly-Clark, and Nice-Pak will share insights. The four-day international event will include the WIPES Academy and nominations for the innovation award, with submissions due by April 15.

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