world textiles research news

10th Feb 2023

Berry Corporation, a leading global packaging, consumer goods and engineered materials company, has reported net sales of $3,060 million, a decline of 14 per cent YoY, in Q1 FY23. The decline in sales was mainly due to 6 per cent volume decline, decreased selling prices of 4 per cent and a 3 per cent unfavourable impact from foreign currency changes.

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...

8th Feb 2023

Carrington Textiles is set to debut at the International Defence Exhibition (IDEX) taking place in Abu Dhabi, UAE, from February 20–24, 2023. The company will be unveiling some of its innovations in military textiles at the event in stand 04-A23. The fabric manufacturer will be launching its new camouflage print concept called Night Stealth Camo at...

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.