information technology press release news

22nd Aug 2023

TenCate Protective Fabrics unveils its fire service outer shell, PBI Peak5, at the AFAC conference in Brisbane. The lightweight 180gsm construction offers improved comfort and mobility for firefighters, while patented Enforce technology enhances durability. The launch provides a platform to introduce PBI Peak5 to key stakeholders in the APAC region.

21st Aug 2023

Tallayne will acquire the Nufabrx brand and its retail unit. This move aims to expand product accessibility across North America and global markets. Nufabrx pioneered HealthWear, a concept merging clothing with medicine delivery via patented smart-textile technology. This reflects Tallayne's commitment to amplifying Nufabrx's distribution network.

18th Aug 2023

Glatfelter has sold Glatfelter Ober-Schmitten GmbH and its associated distribution operations in Asia to İŞ Holding's Ostrest. This sale diverges from the initial plan to close Ober-Schmitten, benefiting all stakeholders including employees. İŞ Holding's history and values align well with the acquisition, offering a positive outlook for...

18th Aug 2023

Dyper has introduced Charcoal Enhanced Diapers, part of an environmentally friendly line. These diapers are certified for the absence of harmful substances and are infused with charcoal, known for its odour-fighting properties. The product also includes matching hypoallergenic wipes. The diapers are available at various online and...

18th Aug 2023

Indian firm Garware Technical Fibres Ltd reported a 7 per cent rise in net sales to ₹325.7 crore in Q1 FY24, compared to ₹304.5 crore in Q1 FY23. Profit before tax grew 54 per cent to ₹57.1 crore, and net profit after tax increased by 52 per cent to ₹43 crore. The EPS for Q1 FY24 stood at ₹21.08, a 54 per cent growth over the previous year.

14th Aug 2023

Thailand-based company Indorama Ventures reported a revenue of $4 billion in Q2 FY23, down 1 per cent QoQ and 27 per cent YoY, and EBITDA was $321 million, up 7 per cent QoQ but down 68 per cent YoY. The company’s fibres division saw a 37 per cent QoQ decline. IVL also signed an MOU with Carbios for the world's first PET bio-recycling plant in...

11th Aug 2023

SDL Atlas has launched an upgraded AirPerm Air Permeability Tester, featuring specific test heads for Personal Protection Equipment assessment, including Face Mask Testing and Foam Testing. With a global presence and expertise, SDL Atlas ensures reliable and affordable air permeability testing adhering to international standards for textiles,...

11th Aug 2023

Carrington Textiles and Pincroft will make their debut appearance at The Danish Ministry of Defence Acquisition and Logistics Organisation (DALO) Industry Days event on August 23-24. Carrington will showcase its new stretch military ripstop fabric, Spartan HT Flex Lite, while Pincroft will present its non-skin contact vector protection technology.

10th Aug 2023

Toray Industries reported Q1 FY24 revenue of 578.1 billion yen, down 4.6 per cent YoY. Core operating income fell 19.2 per cent, and profit dropped to 13.9 billion yen. The fibres and textiles segment saw a 25.8 per cent income rise, while the carbon fibre segment rose 13.8 per cent. Assets grew to 3,347.4 billion yen, up 153.3 billion yen from...