14th Aug 2019
Austria-based FACC, a leading technology partner of the aerospace industry, has been awarded a contract from Bombardier Aviation to provide the radomes for certain Bombardier business aircraft programmes. Bombardier Aviation is a leader in the design and manufacturing of innovative aviation products and services for business and commercial markets.
13th Aug 2019
South Korea's SKC Co. (SKC) and Kuwait's Petrochemical Industries Company (PIC) have signed agreements for the sale of 49 per cent stake in SKC’s chemical business to PIC, including propylene oxide (PO) and propylene glycol (PG). SKC will vertically spin-off its chemical business and sell 49 per cent share in the new entity to form a joint venture with ...
12th Aug 2019
A report by two leading non-woven trade associations has projected a strong demand for non-woven materials by 2023. The sixth edition of the Worldwide Outlook for the Nonwovens Industry for 2018-2023 was released by INDA, the association of the non-woven fabrics industry, and EDANA, the international association for the non-wovens and related...
12th Aug 2019
Albany International Corp's net sales increased 7.3 per cent to $273.9 million for Q2 of FY 2019 ending June 30, 2019. This reflected strong growth in Engineered Composites and a modest decline in Machine Clothing compared to a very strong Q2 FY18 in that segment. Excluding impact of currency translation effects, net sales increased 8.8 per cent.
12th Aug 2019
Pentaxia, a leading composites company from England, welcomed the Mono R from Briggs Automotive Company (BAC). Pentaxia was the main composite supplier for the Mono R, which is a lighter, more powerful second-generation version of the popular Liverpool-built car. The Mono R serves as the pinnacle of engineering and performance in the automotive...
10th Aug 2019
Garware Technical Fibres, a manufacturer of technical textiles for the Indian and global markets, has reported a decrease in net sales by 4.9 per cent to `232.3 crore in Q1 FY20 ending June 30, 2019, as compared to `244.3 crore in Q1 FY19. Net profit after tax dropped by 5.7 per cent to `29.6 crore in Q1 as against `31.4 crore in corresponding period...
9th Aug 2019
AIT Bridges, a designer and supplier of composite bridge systems & structural components for commercial construction, has added a composite tub girder known as AIT CT Girder to its bridge system offerings. Developed in cooperation with University of Maine’s Advanced Structures and Composites Center, AIT arch bridge system is commercially available...
8th Aug 2019
The global spunbond nonwovens market is projected to grow by $7.4 billion, guided by a compounded growth of 7.5 per cent, according to a report, which said the disposable segment has the potential to grow at over 7.7 per cent. Poised to reach over $12.7 billion by 2025, disposable will bring in healthy gains adding significant momentum to global...
8th Aug 2019
Dukane has acquired all the assets and intellectual property of Aurizon. Aurizon, based in the US, is a global leader in developing high-power rotary ultrasonic systems for converting nonwoven materials, bonding textiles & films, and sealing packages. Dukane, based in the US, is a global leader in manufacturing plastic welding technologies and...