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Pic: Chargeurs
French firm Chargeurs’ revenue at €352.8 mn in H1 FY23

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...

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India’s exports of technical textiles rise to $717 mn in Apr-Jun 2023

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.

Pic: Techtextil India
Techtextil India to showcase advanced & innovative solutions

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...

Pic: Beaulieu International Group
Beaulieu International Group to focus on geotextile items at ICG Rome

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.

Pic: Ontex/Facebook
Belgium’s Ontex CFO Peter Vanneste to leave in October 2023

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...

Pic: Suominen Corporation
Finland’s Suominen shareholders appoint 2 members to nomination board

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...

Pic: KMD Plastifizierungstechnik GmbH
Germany’s KMF improves KMD Mini type benchtop equipment

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...

Pic: Rice University
US engineers develop wearable, textile-based device

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...

Pic: PRNewswire
US’ MSA Safety aims to reduce GHG emissions 42% by 2030

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...

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