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Pic: Garware Technical Fibres
Net sales of India’s Garware Technical Fibres at ?654 cr in H1 FY24

7th Nov 2023

Indian firm Garware Technical Fibres reported a marginal 1 per cent decrease in H1 FY24 net sales, yet profits climbed with a 28 per cent rise in pre-tax and 26 per cent in net profit. The company’s EPS stood at ₹46.84 for H1 FY24. The second quarter of FY24 saw sales drop by 8 per cent. EPS for the second quarter saw an increase to ₹25.8.

Pic: Grace
Grace expands operating UNIPOL PP technology capacity in China

6th Nov 2023

Oriental Energy has launched a new plant in Maoming, China, utilising Grace's UNIPOL PP process technology. The plant, with a 400 KTA reactor line, began production of high-quality polypropylene homopolymers and random copolymers on September 15, 2023. Oriental Energy now operates 4 sites with a total capacity of 1.6 mn tons of PP licensed capacity.

Pic: Chromatic 3D Materials
Chromatic 3D Materials, Dutch fashion designer unveil 3D-printed dress

3rd Nov 2023

High-tech Dutch fashion designer Anouk Wipprecht, in collaboration with Chromatic 3D Materials, has unveiled a motion-activated 3D-printed dress that incorporates LEDs and ultrasonic sensors. The dress can respond to its environment with customisable lighting. Made with flexible 3D-printed elastomers, the dress is easy to wear, wash, and maintain.

Pic: Milliken & Company
US’ Milliken & Company launches OVIK Health

3rd Nov 2023

Milliken & Company has introduced a new brand platform for its healthcare business, renaming it OVIK Health. This rebranding signifies a new era for Milliken's healthcare innovations and commitment to providing innovative solutions. The transition to OVIK Health will be completed by December 1, 2023, while the healthcare product names will remain...

Pic: Sappi
Sappi’s Cloquet mill completes Higg FEM assessment

3rd Nov 2023

Sappi Limited, a leading dissolving pulp producer, has achieved a 91.5 per cent score in the Higg FEM verification audit at its Cloquet mill, demonstrating strong environmental practices. The Higg FEM, developed by the Sustainable Apparel Coalition, measures and scores environmental performance in areas like water use, carbon emissions, waste...

Pic: Suominen
Net sales of Finnish firm Suominen Corporation at €106.4 mn in Q3 FY23

2nd Nov 2023

Finnish nonwovens manufacturer Suominen Corporation faced a 19 per cent drop in Q3 FY23 net sales, with overall nine-month sales down by 7 per cent, amidst lowered raw material costs and currency impacts. Despite these declines, the company's comparable EBITDA remained stable, and they maintain a positive outlook for increased EBITDA in FY23.

Pic: Toray
Toray expands air filter business in India

2nd Nov 2023

Japan’s Toray Industries has begun production of air filters at its new facility in India, which is the first in the country to manufacture everything from nonwoven fabrics for high-performance filter media to filter assembly. The facility aims to meet the rising demand for high-quality air filters driven by worsening air pollution in India.

Pic: Toray
Japan’s Toray develops Torayca T1200 carbon fibre

1st Nov 2023

Toray has developed Torayca T1200 carbon fibre, boasting the world's highest strength at 1,160 Ksi. This innovation aims to reduce the environmental impact by making carbon-fibre-reinforced plastic materials lighter. The high-strength carbon fibre opens up applications in aerostructures, defense, alternative energy, and consumer products.

Pic: PRNewswire
Acteev experts to share trends in medical textiles at two expos in US

31st Oct 2023

Acteev experts, Cristina Acevedo and Nikki Huffman, will speak at the Advanced Textiles Expo and Functional Fabric Fair. Acevedo will address evolving healthcare textile needs and environmental considerations, while Huffman will discuss sustainable fabric choices for brands. Acteev has expanded its product line to include various textiles and soft...

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