technology result news

6th Nov 2021

The time has come to target five times rise in technical textiles exports in three years, Indian minister of textiles Piyush Goyal told representatives of Indian Technical Textile Association. The centre would back performance-linked incentive schemes for the textile sector in states backing manufacturing infrastructure like cheap land and power, he...

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...

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.

2nd Nov 2021

Germany’s RWTH alumnus and astronaut Martin Maurer to test self-cleaning stockings from Upper Hand and ITA in space via SpaceX Dragon. The antiviral technology of the ViruShield research project, funded by EIT Health, prevents viruses and bacteria transmission that cause unpleasant odours. The idea is to show that technology can also solve everyday...

2nd Nov 2021

Jokasafe, European vinyl glove manufacturer, has launched a new glove based on highly sustainable Biovyn PVC. Developed by Inovyn, a PVC producer, Biovyn is a next-generation PVC made using 100 per cent renewable feedstock. Biovyn has contributed to a wide range of industries, including textiles, to significantly reduce their carbon footprint.