16th May 2023
Despite a forecasted annual sales decline of 27 per cent, the mask market is expected to reach $2.13 billion with 7.76 billion masks produced by 2027. Surplex is auctioning four Richpeace medical mask production lines until May 22, 2023, located in the Netherlands. The production lines for auction have a capacity of 2.4 million masks per week.
16th May 2023
India’s technical textiles sector can grow at a 50 per cent CAGR, according to Rajeev Saxena, Coordinator of the National Technical Textile Mission. Challenges facing the Indian technical textiles sector include export penetration, capacity, R&D and skilled labour. The Ministry of Textile plans to subsidise engineering colleges to broaden textile...
15th May 2023
A knowledge paper on India's role in the global technical textiles value chain was unveiled at the 'International Conference on Technical Textiles' today. The paper, produced by TexPro-Technical Textiles, addresses applications, key segments, and products of technical textiles, and provides a global market overview. It also examines the Indian market.
15th May 2023
Careismatic Brands has unveiled The Cherokee Collection by Cherokee Uniforms, a fresh line of top-notch medical garments aimed at ensuring the safety and style of healthcare professionals in their workplace. This announcement coincided with the celebration of National Nurses Week, an occasion dedicated to honouring nurses across the world.
15th May 2023
Nobel Hygiene has introduced Friends UltraThinz, India’s first 'slim' disposable absorbent underpant. Friends, their flagship brand, has developed this product to cater to the needs of younger individuals experiencing mild incontinence. The targeted group includes those affected by conditions such as obesity, prostate problems, and postpartum...
12th May 2023
TenCate Protective Fabrics (TCPF) has introduced its latest breakthrough: Tecasafe 360+. This innovative fabric showcases inherent flame-resistant properties while incorporating stretch technology, revolutionising workwear. Tecasafe 360+ builds upon TCPF's range of protective products, providing a unique combination of enhanced protection and comfort.
12th May 2023
Hexcel Corporation has unveiled the completion of an expansion project at its engineered core operations facility in Morocco. The purpose of this expansion is to address the need for lightweight advanced composite materials within the aerospace sector. Situated in the Midparc Free Trade Zone in Casablanca, the plant has undergone significant growth.
12th May 2023
INDA, the association of the nonwoven fabrics industry, has awarded Jan O’Regan, Seshadri Ramkumar, Jim Robinson, and Ed Thomas with the Lifetime Service Award and Lifetime Technical Achievement Awards. These individuals are being honoured for their contributions to the growth and advancement of the nonwovens industry and their invaluable support.
11th May 2023
Tempur Sealy is set to acquire Mattress Firm in a cash and stock transaction. The transaction is likely to be financed with nearly $2.7 bn in cash and $1.3 bn in stock consideration. This stock consideration involves issuing 34.2 mn shares of common stock. The value of the stock consideration is determined based on the closing share price on May 8.