textiles technology organization news

11th Aug 2023

Carrington Textiles and Pincroft will make their debut appearance at The Danish Ministry of Defence Acquisition and Logistics Organisation (DALO) Industry Days event on August 23-24. Carrington will showcase its new stretch military ripstop fabric, Spartan HT Flex Lite, while Pincroft will present its non-skin contact vector protection technology.

10th Aug 2023

Toray Industries reported Q1 FY24 revenue of 578.1 billion yen, down 4.6 per cent YoY. Core operating income fell 19.2 per cent, and profit dropped to 13.9 billion yen. The fibres and textiles segment saw a 25.8 per cent income rise, while the carbon fibre segment rose 13.8 per cent. Assets grew to 3,347.4 billion yen, up 153.3 billion yen from...

10th Aug 2023

Nufabrx and Enventys Partners have announced that they have teamed up to introduce HealthWear, a groundbreaking platform technology that integrates medicine, wellness, and health benefits into clothing. Nufabrx's patented smart-textile platform embeds active ingredients into garments, delivering therapeutic doses through body heat or moisture.

9th Aug 2023

Suominen Corporation reported H1 FY23 net sales of €229.5 million, nearly unchanged from €228.3 million in H1 FY22. The Americas saw an increase to €144.8 million, while Europe fell to €84.7 million. Comparable EBITDA increased slightly to €5.3 million. Q2 FY23 net sales decreased by 4.5 per cent, while cash flow from operations fell to €6.4...

9th Aug 2023

Newtex Industries has successfully acquired Gentex Corp's industrial textile division, encompassing renowned brands Dual-Mirror and FlexIR. This enhances Newtex's product lineup, particularly in radiant heat shielding. CEO Jerry Joliet emphasises the commitment to safety and the expansion's benefits for industrial and military high-temperature...

7th Aug 2023

Edgewell Personal Care's Q3 FY23 results show a 4.2 per cent growth in net sales at $650 million, and a gross profit of $279.7 million, a 16.3 per cent YoY rise. Operating income surged to $85.6 million. The company reported GAAP net earnings of $52.5 million or $1.01 per diluted share. Robust growth was seen across metrics despite minor currency ...

7th Aug 2023

In Q2 FY23, Glatfelter reported net sales of $357 million but a GAAP net loss of $36.6 million due to industry-wide market weakness and customer destocking. Airlaid materials' sales rose, and composite fibres' revenue also increased. Spunlace revenue decreased but EBITDA nearly doubled. The company lowered its full-year EBITDA forecast to...

7th Aug 2023

Germany-headquartered Gessner's sustainable Thermoplastic Polyurethane (TPU) carrier materials have gained popularity as a preferred option for artificial leather applications in automotive and textile industries. TPU offers durability, elasticity, and resistance to oil and abrasion, making it an attractive alternative to natural leather.

7th Aug 2023

Believe Diapers is rebranding to Believe Baby and expanding its sustainable product line made from 100 per cent renewable and biodegradable bamboo. The new offerings include toddler training pants, Bottoms Up, launching in Fall 2023. Founder and CEO Joe Masi emphasised the commitment to alleviating diaper shortage with planet-friendly products.