30th Dec 2022
India’s flexible packaging industry is expected to see a subdued revenue growth of 5 per cent in this fiscal, mainly due to falling raw material prices and lower realisation, according to CRISIL Ratings. The industry could also see a decline in operating margin by approximately 500 bps in 2022-23, compared to a growth of around 18 per cent in 2021-22.
28th Dec 2022
The ministry of textiles, Government of India, is inviting research proposals for funding for design, development and manufacturing of machinery, tools, equipment, and testing instruments under the National Technical Textiles Mission (NTTM). The Indian government aims to position the country as the global leader in technical textiles manufacturing.
27th Dec 2022
India’s airbag industry is projected to grow to ₹6,000-7,000 crore by fiscal (FY) 2027, from the current levels of ₹2,400-2,500 crore, at a 4-year compound annual growth rate (CAGR) of 25-30 per cent, as per ICRA. The airbag industry is one of the fastest growing auto component segments and is expected to benefit from the increase in content per...
23rd Dec 2022
Sweden’s Renewcell has produced a fibre material with the ADuro textile fibre preparation system from Andritz at its new site in Sundsvall, Sweden. Renewcell applies the process to produce pure dissolving pulp from 100 per cent textile waste. The product is finally transformed by Renewcell’s customers into new garments for the circular clothing...
22nd Dec 2022
Switzerland’s Archroma has announced the renewal of its EcoVadis ‘Platinum’ status and further improvement of its overall rating. The company has consolidated its position amongst the top one per cent best-rated companies. Archroma is a provider of specialty chemicals serving the branded and performance textiles, packaging paper, and coatings market.
22nd Dec 2022
US’ Web Industries, a manufacturing partner in aerospace, medical, home care, and industrial markets, has named Amy Reardon Doherty as vice president, legal. Over her career, Doherty has advised executives and business partners on many legal, financial, IP, and business issues. Web Industries provides precision converting and outsource manufacturing.
22nd Dec 2022
Austria’s Andritz recently organised a customer day dedicated to the absorbent hygiene products value chain. The event took place at the Andritz Diatec premises in Pescara, Italy, with several key players from the nonwovens industry that came from all over Europe and beyond. Andritz is a leader in pulp, paper, metals, hydro, and separation.
22nd Dec 2022
US’ 3M is set to exit per- and polyfluoroalkyl substance (PFAS) manufacturing and discontinue using PFAS by the end of 2025. 3M’s decision is based on an evaluation of the evolving external landscape, including accelerating regulatory trends focused on reducing or eliminating the presence of PFAS in the environment and changing stakeholder expectations.
19th Dec 2022
Canada-based protective athletic gear manufacturer Kapsul Tech has introduced the Kapsul Atlas, a lightweight and flexible shirt with a protective collar designed to support athletes’ necks without compromising their performance. Kapsul Atlas fills the gap in protective gear between the torso and head with technology built on research into neck...