nylon news

8th Nov 2021

Suzano, Brazil’s leading eucalyptus pulp producer and a global benchmark in the manufacture of bioproducts developed from eucalyptus, has revised one of its 14 long-term goals, collectively known as ‘Commitments to Renewing Life’. Suzano’s goal to remove 40 million tons of carbon from the air by 2030 has been brought forward by five years to 2025.

8th Nov 2021

The US National Council of Textile Organisations has hailed the passage of a bipartisan infrastructure bill by the House of Representatives that will provide billions of dollars in new spending to revitalise the nation’s roads, bridges and railways and help reconstitute a domestic supply chain for face masks, isolation gowns & personal protective...

6th Nov 2021

Austria-headquartered international technology group Andritz saw good business development in the third quarter of 2021 and EBITA and profitability increased significantly compared to the previous year’s reference period. However, due to the lack of large-scale orders, order intake was just under €1.5 billion and thus below the level of the previous...

6th Nov 2021

Glatfelter, US’ supplier of engineered materials, has announced that it has completed the previously disclosed acquisition of Jacob Holm for aggregate consideration of approximately $302 million including the extinguishment of Jacob Holm’s existing debt and other adjustments. The transaction was funded through $500 million senior unsecured notes...

5th Nov 2021

Sweden’s hygiene and health company, Essity, has acquired Johnson & Johnson Consumer’s professional sports tape brands Coach, Elastikon, and Zonas, which are established premium products in the US market. Essity is a leader in taping and strapping and following the acquisition the company will also become leading among US sports medicine distributors.

4th Nov 2021

Lear Corporation, US’ automotive technology leader in seating and E-systems, has entered into a definitive agreement to acquire substantially all of Kongsberg Automotive’s Interior Comfort Systems (ICS) business unit. Under the terms of the deal, Lear will acquire Kongsberg Automotive’s ICS business unit for €175 million, on a cash and debt free basis.

3rd Nov 2021

The China Nonwovens and Industrial Textiles Association (CNITA) recently held the Fifth Member Congress and celebrated its 20th anniversary in Beijing. The Congress reviewed and approved the report of the Fourth Council, and elected the Fifth Council. CNITA includes institutions and associations in the field of nonwovens and technical textiles.

3rd Nov 2021

Japan’s Teijin Aramid has achieved yarn-to-yarn recycling for its Twaron fibre. Aligning with Teijin Aramid’s belief in taking responsibility for the environmental impact of its material flows, this development is a key step toward its goal of supplying fully circular fibre. Teijin is a technology-driven company that produces high quality fibre.

3rd Nov 2021

3M, a technology company engaged in manufacturing of industrial and safety products, posted a 7.1 per cent sales increase to $8.9 billion in the third quarter (Q3) of FY21, over the same period of last fiscal. With the continued growth momentum, the company has further raised its guidance for 2021, and now expects sales to rise between 9-10 per cent.