10th Dec 2020
Atlas Holdings has sold Novipax, the leading producer of absorbent pads in the US, to Acon Investments. Acon is an international private equity investment company, based in Washington, DC. The trays business, previously part of Novipax, is not included in the transaction and will now be known as Npx One. The new company will be headquartered in Reading.
10th Dec 2020
Dilo Group, a supplier of complete lines for nonwoven fabric production, has announced a partnership with Sicam, a rapid prototyping & additive manufacturing company. Together with Sicam, the group has combined know-how for hydroentangling technology and can provide complete lines as general contractor including equipment for cutting, winding and...
9th Dec 2020
Nice-Pak, a leading global producer of wet wipes, is setting up a new facility in Mooresville to house manufacturing and a distribution centre at a single location. The 1.2 million-square-foot facility involves a $165 million investment. It will create 150 additional jobs in Morgan County by 2024, and employ up to 800 employees when fully operational.
9th Dec 2020
Spencer Textile Industries Group has been providing personalised protection and packaging solutions through added-value and innovation. It has been producing high-quality agricultural fabrics which include products such as shade covers, anti-insect mesh, geotextile, and industrial packaging solutions such as bags and jute sacks, besides quality ropes.
9th Dec 2020
INDA, the association of the nonwoven fabrics industry is mourning the passing of Ian Butler, the association’s former director of market research & statistics, and a distinguished authority of nonwovens industry. Butler died on December 3 at the age of 78 in Toronto, Canada. He was recruited by INDA in 1997 as director of market research & statistics.
8th Dec 2020
TVAAG has launched the world’s first collection of 100 per cent ethically sourced and sustainable plant-based activewear naturally dyed with 24 ayurvedic herbs. Founded in P.E.I in 2020, plant-based activewear start-up TVAAG uses a combination of Indian traditional textile manufacturing principles and modern fabric technology in sustainable fashion.
8th Dec 2020
International technology group, Andritz, has signed an agreement with Laroche, to acquire LM Industries, comprising Laroche SA and Miltec SA, France. Andritz will take over all Laroche entities and their business worldwide. Closing of the transaction, which is subject to approval by the Andritz supervisory board, is expected at the beginning of 2021.
8th Dec 2020
Autoliv, a Sweden-based leader in automotive safety systems, has announced that on December 8, 2020, company’s board of directors have appointed Frederic Lissalde as an independent director to the Autoliv board of directors effective immediately. With the addition of Lissalde, Autoliv has expanded its board size from eleven to twelve directors.
7th Dec 2020
A.Celli is partnering with Ihsan Sons with supply of a Doctor Rewinder designed for the removal of any defects in 100 per cent cotton spunlace reels. The machine has been successfully operationalised. Ihsan Sons, the flagship company of the industrial group Ihsan Pakistan, is one of the biggest producers and exporter of bleached absorbent cotton.