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War-driven demand: How Protech Textiles shape global export markets
War-driven demand: How Protech Textiles shape global export markets

2nd Nov 2024

Protech Textiles, essential for protecting individuals in industrial and military settings, are also used for outdoor activities like mountaineering and diving. The global market is led by China, followed by Vietnam, Italy, and Germany, with significant import demand in war-affected and industrialising regions like Russia, Ukraine, and West Asia.

Freudenberg Performance Materials launches new website for Filtura
Freudenberg Performance Materials launches new website for Filtura

1st Nov 2024

Freudenberg Performance Materials has launched a new website for its Filtura filter media brand, offering an intuitive platform for exploring advanced filtration solutions in air, liquid, and automotive markets. The site highlights Filtura's custom solutions emphasising performance and energy efficiency, while showcasing a range of products.

Swedish company Essity’s net sales down 2.2% in Q3FY24
Swedish company Essity’s net sales down 2.2% in Q3FY24

28th Oct 2024

The net sales of Essity declined 2.2 per cent to SEK 36,274 million (~$3.42 million) in the third quarter of fiscal 2024, but organic growth reached 1.9 per cent. Strong earnings were driven by higher volumes in health and medical products and effective cost-saving measures, resulting in good profitability despite a challenging global economy.

Belgian company Ontex’s revenue up 1.7% in Q3FY24
Belgian company Ontex’s revenue up 1.7% in Q3FY24

28th Oct 2024

Ontex has reported €468 million ($506.23 million) in Q3 2024 revenue, a 1.7 per cent like-for-like increase, with volumes up 4.4 per cent. Adjusted EBITDA rose 29 per cent to €56 million ($60.57 million) due to volume growth and cost transformation. The company agreed to sell its Brazilian operations for approximately €110 million (~$118.99...

Texas Tech, Jayalakshmi Textiles receive Intexcon award
Texas Tech, Jayalakshmi Textiles receive Intexcon award

25th Oct 2024

Texas Tech University's nonwovens laboratory and Jayalakshmi Textiles have received the Intexcon innovation award for their collaborative research in technical textiles, presented by Rajeev Saxena in Ahmedabad, India. The partnership showcased the value-added applications of cotton. The event was attended by around 230 industry professionals.

Germany’s Gessner launches air filter media MecNa
Germany’s Gessner launches air filter media MecNa

25th Oct 2024

Gessner has launched MecNa, a revolutionary air filter media featuring a 3D nanofibre design for enhanced durability and performance. Developed post-COVID, MecNa addresses reduced lifespan issues in current nanofibre filters by embedding individual nanofibres within the media. This construction ensures high airflow resistance and consistent...

US’ Hexcel Corporation’s sales rise 8.8% to $457 mn in Q3 2024
US’ Hexcel Corporation’s sales rise 8.8% to $457 mn in Q3 2024

24th Oct 2024

Hexcel Corporation’s Q3 2024 net sales rose 8.8 per cent to $457 million, driven by 17.5 per cent growth in Commercial Aerospace. Adjusted Diluted EPS increased to $0.47 from $0.38 in Q3 2023. Full-year sales are expected to range between $1.90 billion and $1.98 billion. CEO Tom Gentile highlighted strong demand in aerospace but noted ongoing...

US’ INDA invites nominations for 2025 IDEA Achievement Awards
US’ INDA invites nominations for 2025 IDEA Achievement Awards

23rd Oct 2024

INDA, in collaboration with Nonwovens Industry Magazine, is accepting nominations for the 2025 IDEA Achievement Awards, recognising innovations in the nonwoven and engineered materials sectors since IDEA22. Award categories include Raw Materials, Nonwoven Product, Short-Life, Long-Life, Equipment, and Sustainability Advancement. Entries are due by...

Swiss company Autoneum sets ~$3.47 billion revenue target
Swiss company Autoneum sets ~$3.47 bn revenue target

23rd Oct 2024

Autoneum aims for revenue up to CHF 3 billion (~$3.47 billion) and an EBIT margin of 6-8 per cent with its new 'Level Up' strategy, presented at Capital Markets Day in Czechia. The strategy focuses on product innovation, global growth, and sustainability. It includes targets for a 20 per cent CO2 reduction and a 40 per cent decrease in...

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