12th Oct 2018
Ahlstrom-Munksjö has completed the acquisition of US-headquartered specialty paper producer Expera Specialty Solutions for an enterprise value of $615 million in cash and debt free basis. The transformative acquisition will expand the company’s presence in North America and further strengthen its offering of advanced custom-made fibre-based materials.
11th Oct 2018
WL Gore & Associates, Inc. (Gore) showed high-performance Gore cables and materials and next-gen Gore military fabrics at the Association of US Army (AUSA) annual meeting and exposition. The military has relied on Gore’s technical solutions for decades as they ensure combat readiness and operational success every time on the battlefield and in the air.
11th Oct 2018
Magna and Altran Technologies have launched a joint venture - under the name MG2 - in Casablanca, Morocco. The joint venture brings together Magna's complete vehicle know-how and process competence and Altran's strengths as a locally established partner. Approximately 500 engineers from the two companies will initially staff the joint venture company.
11th Oct 2018
Kordsa presented KraTos synthetic fibres for concrete reinforcement, at the third International Roads, Bridges and Tunnels Fair (Road2Tunnel), at the Istanbul Congress Centre, Turkey, from October 3-6, 2018. The event shows engineering products in the fields of design, concrete, floors, and foundations, and huge drilling machines and lifting equipment.
10th Oct 2018
Indian affordable sanitary napkin brand Niine has appointed Richa Singh as chief executive officer of Niine Menstrual Hygiene Products. Singh has two decades of experience working with major FMCG brands. It has also appointed Tara Singh Chahar from Johnson & Johnson Ltd as head of sales and Vijay Sharma from Procter & Gamble (P&G) as head of operations.
10th Oct 2018
The JEC Group has named Eric Pierrejean, who joined the company in January 2018, as the new chief executive officer (CEO), succeeding Frederique Mutel. Adeline Larroque joins as show director JEC World and EMEA events. JEC Group is dedicated to the development of business connection channels supporting the growth of the composite materials industry.
9th Oct 2018
Glatfelter, global supplier of specialty papers and engineered materials, has completed the take over of Georgia-Pacific’s European nonwovens business for $185 million, subject to customary purchase price adjustments. The transaction includes Georgia-Pacific’s operations located in Steinfurt, Germany, along with sales offices located in France and...
9th Oct 2018
CRRC has unveiled new generation of carbon fibre metro vehicles Cetrovo - the latest technological product in Chinese metro sector. Compared to the traditional metro vehicles, the new vehicles, developed with advanced materials and technologies, are lighter and energy saving. Weight lightening is the major route for energy conservation of metro...
9th Oct 2018
Fibertex Nonwovens is starting a new business area. After more than ten years of research and development, it is all set to manufacture unique products for the filtration and medico industries. The company has invested in a nonwovens production line for filter media, a nanofibre line to be used in combination with additional value-adding capabilities.