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US’ 4M Carbon Fiber unveils $4.5 mn plasma oxidation line project
US’ 4M Carbon Fiber unveils $4.5 mn plasma oxidation line project

14th Nov 2024

4M Carbon Fiber has launched a $4.5 million, 50-ton-per-year plasma oxidation qualification line. The project showcases its patented technology, which triples throughput, cuts energy usage by 75 per cent, and reduces costs. This milestone supports extensive qualification projects and partnerships. The aim is to make carbon fibre production more...

Finnish company Ahlstrom’s sales up 5.2% in Q3FY24
Finnish company Ahlstrom’s sales up 5.2% in Q3FY24

12th Nov 2024

Ahlstrom's Q3 FY24 net sales rose 5.2 per cent to €742.7 million (~$788.8 million), driven by higher average selling prices. Comparable EBITDA reached €130.2 million (~$138.26 million), supported by cost efficiency and improved margins. Restructuring costs and energy hedge losses impacted reported EBITDA of €81.9 million (~$86.928 million).

Switzerland’s Oerlikon reports 6.9% decline in Q3 Sales to $667 mn
Switzerland’s Oerlikon reports 6.9% decline in Q3 Sales to $667 mn

8th Nov 2024

OC Oerlikon has reported Q3 2024 sales of CHF 580 million (~$667 million), down 6.9 per cent YoY, with an order intake of CHF 538 million (~$623.3 million), a 5.1 per cent decline. Operational EBITDA was CHF 98 million, a 7.3 per cent drop. For 9M 2024, sales decreased by 15.2 per cent to CHF 1,747 million (~$2,009 million). EBITDA margin outlook ...

Finland’s Ahlstrom secures SBTi approval for net-zero targets by 2050
Finland’s Ahlstrom secures SBTi approval for net-zero targets by 2050

8th Nov 2024

Ahlstrom has secured Science Based Targets initiative (SBTi) approval for its emissions reduction targets, aiming for net-zero by 2050. By 2030, it pledges a 42 per cent cut in scope 1 and 2 greenhouse gas emissions and a 25 per cent reduction in scope 3 emissions from 2021 levels. Long-term, Ahlstrom targets a 90 per cent reduction across all...

Freudenberg expands operations with new plant in Morinda, India
Freudenberg expands operations with new plant in Morinda, India

22nd Oct 2024

Freudenberg has inaugurated two advanced manufacturing facilities in Morinda, India, covering 40,700 sq. metre and representing an investment of over €42 million (~$45.47 million). This expansion consolidates operations from Basma and Mohali, enhancing efficiency and supporting the Make in India initiative. Freudenberg is also celebrating 175 years ...

Japan’s Asahi Kasei, Aquafil partner to develop 3D printing material
Japan’s Asahi Kasei, Aquafil partner to develop 3D printing material

14th Oct 2024

Asahi Kasei and Italy's Aquafil have signed an MOU to develop a new 3D printing material combining Aquafil's recycled Econyl Polymer and Asahi Kasei's cellulose nanofibre (CNF). This compound offers superior formability and strength, ideal for automotive and aeronautical applications. Trial sales are set for the third quarter of 2025 in the EU, US, ...

Michelman's Steve Bassetti to present on fibre sizing at Carbon Fibre
Michelman's Steve Bassetti to present on fibre sizing at Carbon Fibre

4th Oct 2024

Steve Bassetti, director of global marketing at Michelman, will present on fibre sizing at CompositesWorld’s Carbon Fibre 2024 conference, to be held from October 8-10. His session will cover the fundamentals of fibre sizing and current R&D efforts in the industry, including applications for thermoplastics and the emerging use of recycled carbon...

Germany’s Evonik finalises sale of Superabsorbents unit to ICIG
Germany’s Evonik finalises sale of Superabsorbents unit to ICIG

4th Sep 2024

Evonik has completed the sale of its superabsorbents business unit to International Chemical Investors Group, effective August 31, 2024. The unit, which had ~$985 million in sales in 2023 and about 1,000 employees, produces polymers used in hygiene products. This sale is part of Evonik's strategy to focus on high-margin, green transformation...

US’ Michelman expands PFAS-Free Unyte brand for technical textiles
US’ Michelman expands PFAS-Free Unyte brand for technical textiles

20th Aug 2024

Michelman is expanding its PFAS-free Unyte portfolio, which includes water-based surface modifiers for both woven and nonwoven technical textiles. As regulations against PFAS tighten, Michelman’s Unyte solutions support manufacturers in meeting new standards while maintaining performance, helping advance sustainability in technical textiles.

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