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Pic: Autoneum
SBTi approves science-based targets of Switzerland’s Autoneum

11th Feb 2023

The Science Based Targets initiative (SBTi) has approved Switzerland-based Autoneum’s science-based emissions reduction targets. The validation by the SBTi is an important milestone in Autoneum’s efforts to reduce its direct and indirect greenhouse gas (GHG) emissions along the entire value chain. Autoneum is the leader in acoustic and thermal...

Pic: YTY Group
US removes import ban on Malaysian synthetic glovemaker YTY

10th Feb 2023

US Customs and Border Protection (CBP) has modified the Withhold Release Order (WRO) issued on January 28, 2022, against imports of synthetic disposable gloves manufactured by Malaysia’s YTY Industry Holdings Sdn Bhd (YTY Group). Effective immediately, the US will allow YTY Group shipments to enter the US if they are in compliance with US laws.

Pic: Asahi Kasei Corporation
Japan’s Asahi Kasei & Mitsui to combine spunbond nonwovens businesses

10th Feb 2023

Japan’s Asahi Kasei has announced that its board of directors has approved a final agreement regarding the transfer of business related to the development, manufacturer, and sale of spunbond nonwoven products to a joint venture company to be established by joint incorporation-type company separation with Mitsui Chemicals, effective from October 2, 2023.

Pic: Berry Global
American firm Berry posts net sales of $3,060 mn in Q1 FY23

10th Feb 2023

Berry Corporation, a leading global packaging, consumer goods and engineered materials company, has reported net sales of $3,060 million, a decline of 14 per cent YoY, in Q1 FY23. The decline in sales was mainly due to 6 per cent volume decline, decreased selling prices of 4 per cent and a 3 per cent unfavourable impact from foreign currency changes.

Pic: Shutterstock
NTTM aims to expand India’s technical textile market to $50 bn by 2024

10th Feb 2023

Indian government has set up the National Technical Textiles Mission (NTTM) for a period of 4 years (2020-21 to 2023-24) with an outlay of ₹1,480 crore to boost technical textiles sector in the country. The Mission aims to achieve an average growth rate of 15-20 per cent per annum taking the level of domestic market size to $40-50 billion by the year...

Pic: Ahlstrom
Finland’s Ahlstrom unveils new HVAC filter media portfolio

9th Feb 2023

Finland’s Ahlstrom has launched the heating, ventilation, and air conditioning (HVAC) filter media portfolio from its production machine in Turin (Italy), supporting customers in their ambition to offer best performing and premium quality filters to the most demanding end-uses. Ahlstrom is a leader in combining fibres into sustainable specialty...

Pic: Twitter/ @carrtextiles
UK’s Carrington Textiles to display new military textiles at IDEX 2023

8th Feb 2023

Carrington Textiles is set to debut at the International Defence Exhibition (IDEX) taking place in Abu Dhabi, UAE, from February 20–24, 2023. The company will be unveiling some of its innovations in military textiles at the event in stand 04-A23. The fabric manufacturer will be launching its new camouflage print concept called Night Stealth Camo at...

Mark Snider, INDA’s chief market and industry analyst. Pic: INDA
US’ INDA selects Mark Snider as chief market & industry analyst

8th Feb 2023

INDA, the Association of the Nonwoven Fabrics Industry, has appointed Mark Snider to the position of chief market and industry analyst. Snider has over 30 years of nonwovens and engineered materials expertise with a background in market and industry analysis at both the industry and segment level. He will expand upon INDA’s membership outreach and...

Pic: INDA
American firm Mativ names new filtration business unit as Gessner

8th Feb 2023

Mativ's filtration business unit has been rebranded as Gessner, offering a wider range of filtration solutions and a diverse product portfolio. Gessner represents trust, integrity, creativity, and innovation in filtration and aims to be a global provider of filtration solutions. Neenah and SWM merged last year to form specialty materials leader Mativ.

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