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.
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...
4th Sep 2023
In Q4 FY23, Donaldson Company achieved a gross margin of 34.1 per cent, up 130 basis points due to pricing benefits and stable input costs. Adjusted gross margin, excluding charges, was 34.3 per cent. Sales slightly declined by 1.2 per cent to $879.5 million, with the Mobile Solutions segment down by 4.8 per cent and Aftermarket sales fell by 6.7...
4th Sep 2023
Albany International has finalised its purchase of Heimbach Group for €132 million in cash, along with an assumed net debt of €22 million. Based in Duren, Germany, Heimbach supplies paper machine clothing and high-tech textiles to various industries. Daniel Halftermeyer highlighted the potential for increased value for shareholders and customers.
3rd Sep 2023
Teijin Limited is selling its Japanese subsidiary GH Craft to TIP Composite, aiming to focus on its North American operations. Acquired in 2008, GH Craft has been crucial in composite material design for aerospace, automotive, and railway sectors. Teijin, facing profit shortfalls due to various factors, is reallocating resources to North America.