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Pic: Beckmann Converting
US’ Beckmann Converting adds laminating pattern to portfolio

1st Mar 2024

Beckmann Converting introduces the 'CC' roll, featuring a unique bonding pattern for high inter-ply adhesion in textile composites. The pattern covers close to 10 per cent of the full laminate web, enhancing appearance and performance. Ideal for products like wipers and car covers, it suits lighter-weight materials but is not suitable for heavy...

Pic: TotalEnergies Corbion
Thailand’s TotalEnergies Corbion, Bluepha to create sustainable fibres

21st Feb 2024

TotalEnergies Corbion and Bluepha collaborate to enhance PLA and PHA fibre applications in China. Their blend of Bluepha PHA and Luminy PLA promises lightweight, durable, potentially antibacterial fibres. The collaboration’s main focus is to address issues such as uneven dyeing and fibre thermal stability. First commercial releases anticipated by ...

Pic: Garware Technical Fibres
Net sales of India’s Garware Technical Fibres rise 5% in Q3 FY24

5th Feb 2024

Indian firm Garware Technical Fibres reported a 5 per cent increase in Q3 FY24 net sales to ?289.4 crore and an 18 per cent increase in net profit to ?43.3 crore. The company’s EPS grew by 20 per cent to ?21.23 in Q3 FY23. Despite a 1 per cent decline in 9M FY24 net sales, profits and EPS surged by 23 per cent and 25 per cent respectively.

Pic: Toray Industries
Japan’s Toray develops Torayca M46X carbon fibre

15th Jan 2024

Toray Industries has introduced Torayca M46X carbon fibre, boasting a 20 per cent strength increase compared to the Torayca MX series, while maintaining a high tensile modulus. Achieving this strength boost without compromising modulus involved nano-level control of graphite crystallite structures, resulting in ultrafine, ultrahigh orientation.

Pic: Vartega
US’ Vartega secures $10 mn in equity financing

10th Jan 2024

Vartega has secured $10mn in an oversubscribed preferred equity financing round led by Diamond Edge Ventures. The funding, which also included CIF, HG Ventures, and Techstars, will support Vartega's mission to address advanced materials recycling challenges. The funds will be used to expand operations, and establish Vartega as a circular economy...

Pic: Adobe Stock
2023: Launchpad for rapid growth of India's technical textile industry

28th Dec 2023

In 2023, India bolstered its technical textile sector with government measures, including approving 33 R&D projects and introducing new HSN codes for trade. Initiatives like the GREAT programme and updated BIS standards aim to stimulate innovation and maintain quality, signalling a robust future for India's technical textiles on the global stage.

Jyrki Vainionpää. Pic: Jyrki Vainionpää/LinkedIn
Finland’s Ahlstrom names Jyrki Vainionpaa as new president & CEO

13th Dec 2023

Jyrki Vainionpaa has joined Ahlstrom’s board of directors and assumed the role of president and chief executive officer of A. Ahlstrom Corporation. Independent of the company but non-independent of significant shareholders, Vainionpaa brings diverse experience, having served as the CEO of Koiviston Auto and in leadership roles at Adven and Vapo.

Pic: Toray
European Toray unit obtains ISCC PLUS certification

24th Nov 2023

Toray Carbon Fibers Europe obtains ISCC PLUS certification for Lacq and Abidos production plants in France. This certification enables the use of biomass or recycled materials via a mass balance approach, reducing the Life Cycle Inventory of carbon fibre production. Toray plans to manufacture carbon fibre from biomass and recycled materials by 2023 ...

Dr. Andreas Raps & Marco Altherr. Pic: Freudenberg
Germany’s Freudenberg appoints new CEO & CFO

17th Nov 2023

Effective January 1, Freudenberg will see Dr Andreas Raps become CEO, succeeding Dr Frank Heislitz, and Marco Altherr take over as CFO from Thomas Herr. The board will include John McNabb as CTO. Raps, a member of Freudenberg SE's executive council, was previously CEO of EagleBurgmann. Altherr, CFO of Vibracoustic SE, held roles at Freudenberg & Co....

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