10th Feb 2023
Indian government has set up the National Technical Textiles Mission (NTTM) for a period of 4 years (2020-21 to 2023-24) with an outlay of ₹1,480 crore to boost technical textiles sector in the country. The Mission aims to achieve an average growth rate of 15-20 per cent per annum taking the level of domestic market size to $40-50 billion by the year...
9th Feb 2023
Finland’s Ahlstrom has launched the heating, ventilation, and air conditioning (HVAC) filter media portfolio from its production machine in Turin (Italy), supporting customers in their ambition to offer best performing and premium quality filters to the most demanding end-uses. Ahlstrom is a leader in combining fibres into sustainable specialty...
8th Feb 2023
INDA, the Association of the Nonwoven Fabrics Industry, has appointed Mark Snider to the position of chief market and industry analyst. Snider has over 30 years of nonwovens and engineered materials expertise with a background in market and industry analysis at both the industry and segment level. He will expand upon INDA’s membership outreach and...
8th Feb 2023
Mativ's filtration business unit has been rebranded as Gessner, offering a wider range of filtration solutions and a diverse product portfolio. Gessner represents trust, integrity, creativity, and innovation in filtration and aims to be a global provider of filtration solutions. Neenah and SWM merged last year to form specialty materials leader Mativ.
6th Feb 2023
Suominen Corporation, a Finish firm that manufactures nonwovens, has reported net sales of €133.1 million, an increase of 15.1 per cent year-on-year (YoY), in the fourth quarter of financial year 2022 ended December 31, 2022. Net sales of the Americas business area amounted to €81.7 million and net sales of the Europe business area were €51.4 million.
6th Feb 2023
The board of directors of Finland’s Suominen has resolved on February 2, 2023 on a new share-based Long-Term Incentive Plan (LTI Plan) for the management and key employees. The new LTI Plan has one three-year performance period, which includes calendar years 2023–2025. The LTI Plan is directed to around 25 people including the president and CEO of...
4th Feb 2023
American textile manufacturing company WPT Nonwovens has invested in a new thermobonding line for filter media. Trützschler Nonwovens teamed up with Schott & Meissner to deliver a state-of-the-art, high-capacity line including the T-BLEND fibre preparation system, two TWF-NC roller cards, and Schott & Meissner’s high-speed ‘Speedliner’ belt oven.
3rd Feb 2023
FRX Innovations, a US-based leader in eco-friendly flame retardant solutions, has announced that its Nofia product line will benefit from the decision of the European Chemicals Agency (ECHA) to name three common flame retardants as Substances of Very High Concern (SVHC). This designation brings stringent disclosure and notification requirements.
3rd Feb 2023
Lear has been named on Fortune magazine’s ‘World’s Most Admired Companies’ list for the seventh consecutive year. Lear was awarded the highest placement for any North America-based automotive supplier in the Motor Vehicles Parts Industry survey. Lear is an automotive technology leader in seating and e-systems, that enables superior in-vehicle...