technology announcement news

29th Jan 2023

India’s ministry of textiles has cleared 15 R&D projects worth around ₹32.25 crores across key areas such as speciality fibre, protective textiles, high-performance textiles, geotextiles, medical textiles, sustainable textiles, and textiles for building materials during the 5th Mission Steering Group (MSG) meeting held under the chairmanship of Piyush...

27th Jan 2023

American multinational corporation Kimberly-Clark has reported net sales of $20.2 billion, up 4 per cent YoY, in FY22. The company’s organic sales increased by 7 per cent in FY22. Operating profit was $2,681 million in FY22, compared to $2,561 million in FY21, while the adjusted operating profit was $2,617 million, compared to $2,836 million in FY21.

25th Jan 2023

Event organiser Messe Frankfurt India has announced the ninth edition of leading trade fair Techtextil India, which is scheduled to take place between September 12–14, 2023 in Mumbai. The support to the event from India’s ministry of textiles further demonstrates the huge emphasis laid for this key sector in boosting the economy of the country.

25th Jan 2023

A researchers’ team led by Dr Yuanyuan Guo from Japan’s Tohoku University's Frontier Research Institute for Interdisciplinary Sciences has developed a microelectronic fibre with microscopic parameters that is capable of analysing electrolytes and metabolites in sweat. The fibre’s micrometre scale allows it to be woven into clothes for healthcare use.

24th Jan 2023

Smart clothing made of thermochromic yarn that changes colour based on body temperature will soon be able to detect fever in newborns. Louisiana State University’s researcher Sibei Xia is developing body-tracking wearable technology—a hat—that could reduce the need for monitoring an infant’s temperature using thermometers and other invasive...

23rd Jan 2023

American multinational consumer goods giant Procter & Gamble Company (P&G) has reported net sales of $20.8 billion, a decrease of 1 per cent year-on-year (YoY), in the second quarter (Q2) of financial year 2023 (FY23), ended December 31, 2022. The company’s operating cash flow was $3.6 billion, and net earnings were $4 billion for the quarter.

23rd Jan 2023

Switzerland-based leading acoustic and thermal management supplier for vehicles Autoneum’s consolidated revenue increased by 6.1 per cent year-on-year (YoY) to 1,804.5 million Swiss francs (approximately $19.56 million) in 2022. The company’s revenue in local currencies increased significantly by 8.5 per cent, largely due to inflation-related...

20th Jan 2023

Europe-based fibre solutions company Ahlstrom has launched FibRoc plasterboard that is a protective and durable solution for high-performance plasterboard applications. This solution is a combination of glass, synthetic, and natural fibres. It is designed to offer dimensional stability and protection in application areas and reduce environmental impact.

20th Jan 2023

Japan’s Fujitsu and Teijin have announced the launch of a project running from January to March 2023 to enhance the environmental value of recycled resources in the production of bicycle frames with V Frames, a German manufacturer of carbon fibre reinforced plastic bicycle frames, and E Bike Advanced Technologies, a German manufacturer of bicycles.