12th Sep 2023
In H1 FY23, Chargeurs reported a decline of 11.5 per cent in group revenue to €352.8 million, impacted significantly by a 23.1 per cent drop in its advanced materials division. However, a 16.4 per cent growth in the luxury division partly cushioned this fall. Despite a reduced operating margin of 4 per cent, net profit remained positive at €3.3...
12th Sep 2023
In the first quarter of fiscal 2023-24, India saw a modest 1 per cent increase in technical textiles exports, raising the total to ₹5,946 crore ($716.9 million). Analysis by the ITTA noted significant growth in several sectors including a 21 per cent increase in mobitech exports and a notable 91 per cent increase in speciality fibre segment.
11th Sep 2023
Techtextil India, taking place from September 12 in Mumbai, will feature over 160 players showcasing 200+ brands in the technical textile sector. The event aims to connect B2B trade visitors with manufacturers, suppliers, and dealers, including both Indian and global companies. India's technical textiles market is set to grow with government...
8th Sep 2023
Beaulieu International Group will showcase sustainable geotextile products at the 12th ICG Rome conference, emphasizing their commitment to eco- friendly civil engineering solutions. BFI offers low-carbon footprint PP fibres and bio-attributed MONO-PP. BTT provides woven geotextiles with reduced carbon footprint and enhanced sustainability benefits.
8th Sep 2023
Ontex’s chief financial officer, Peter Vanneste, will leave the company in early October 2023 for opportunities elsewhere. Until a successor is named, CEO Gustavo Calvo Paz will oversee the CFO’s responsibilities. Paz acknowledged Vanneste’s contributions, including steering Ontex through strategic transformations and challenging macro-economic...
6th Sep 2023
Nonwovens manufacturer Suominen’s three largest registered shareholders, Ahlstrom Capital BV, Etola Group Oy, and Oy Etra Invest Ab, have nominated members Lasse Heinonen and Mikael Etola to the Shareholders’ Nomination Board. Heinonen, CEO of A Ahlstrom Oy, was appointed by Ahlstrom Capital BV. Etola was appointed by Etola Group Oy and Oy Etra...
5th Sep 2023
KMD has garnered attention for its benchtop Minitype Spunmelt nonwoven equipment. Following discussions and enhancements, KMD has introduced an integrated model configuration, optimising the Mini design of Spunmelt nonwoven and fibre spinning equipment. This equipment offers convenience for experimental exploration and preliminary testing of new...
5th Sep 2023
Rice University engineers have developed wearable textile devices that use haptic feedback to enhance sensory inputs, aiding people with visual or auditory impairments. The system, which includes a belt and textile sleeves, utilises fluidic signals to control haptic cues such as vibration, tapping, and squeezing. These cues can guide users in...
5th Sep 2023
MSA Safety aims to reduce market-based Scope 1 and 2 GHG emissions by 42 per cent by 2030, using a 2021 baseline, as revealed in its 2022 Impact Report. The report emphasises MSA's commitment to protecting workers and advancing sustainability, highlighting achievements like 30 per cent board diversity and products like the MSA Bacharach MGS-401...