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Pic: Drylock Technologies
Sofina acquires approx 25 % of Drylock's share capital

16th Aug 2019

Drylock Technologies, a family-owned hygiene manufacturer, has opened its capital to Sofina, a Belgian family run and controlled investment company. Sofina acquires approximately 25 per cent of the share capital by subscribing to a capital increase. The funds will help Drylock grow and roll out its technological and patented product portfolio.

Pic: PR Newswire
Nannocare expanding its retail distribution

16th Aug 2019

Nannocare is expanding its retail distribution at a number of new stores nationwide. The innovative brand that pioneered menstrual hygiene pads infused with nannogenic technology, will now be available at popular college bookstores, supermarkets and drugstores. Nannocare has created NannoPad which is made with 100 per cent OCS certified organic cotton.

Senior Researcher Changsoon Choi from DGIST Department of Smart Textile Convergence Research (left) and Dr. Sungwoo Chun from Sungkyunkwan University (right). Pic: DGIST
DGIST and SKKU team creates artificial skin sensors

14th Aug 2019

Scientists at DGIST Department of Smart Textile Convergence Research and Sungkyunkwan University (SKKU) have jointly developed artificial skin tactile sensors which function like human skin and can detect pressure and vibration at the same time. These can be used to measures textile roughness. Existing sensors can only detect pressure and temperature.

Pic: FACC
FACC to provide radomes for Bombardier Aviation

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.

Pic: SKC
SKC and PIC establish JV for propylene oxide

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 ...

Pic: Ontex
Ontex revenue down 1.3% to €1.1 bn in H1 2019

13th Aug 2019

Ontex Group NV, one of the world's leading suppliers of disposable personal hygiene products, posted revenue of €1.1 billion in H1, down 1.3 per cent like-for-like (LFL) for the six months ending June 30, 2019, versus H1 2018. Overall, in Europe, Ontex remained the leading supplier of retailer brands, more than two times the size of the next competitor.

Pic: Shutterstock
Report projects excellent outlook for nonwovens till 2023

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...

Pic: Iconix
Albany net sales soars 7.3% to $273.9 mn in Q2 of FY 2019

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.

Pic: Pentaxia
Pentaxia supplies composites for BAC's Mono R

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...

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